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SEC files charges against Illinois man in scheme
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CHICAGO (AP) — Federal authorities have announced charges against an Illinois man accused of scamming hundreds of Chinese investors out of millions of dollars. The Securities and Exchange Commission says it has frozen the assets of 29-year-old Anshoo Sethi. They say Sethi fraudulently sold more $145 million in securities and $11 million in fees. The more than 250 investors were primarily from China. Officials say investors thought they were buying interests in a hotel and conference center near Chicago's O'Hare International Airport. They also thought the investments enhanced their chances of getting U.S. citizenship. There was no answer at phone listings for Sethi in Chicago. 
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Today is Sunday, May 19, the 139th day of 2013. There are 226 days left in the year.
1863 -- 150 years ago: The Rt. Rev. Harry I. Witherspoon, D.D. Bishop of Illinois, willpreach in Trinity (Episcopal) Church, in this city this evening.
1888 -- 125 years ago: At 1 o'clock yesterday afternoon the Mississippi River flooded itsbanks at Rock Island, destroying the warehouse of the Rock Island Lumber companyand damaging the Lumber Company and arsenal power plant. Total loss isestimated at $100.000.
1913 -- 100 years ago: Residents of South Rock Island township are circulating a petitionfavoring the annexation of that area to the city of Rock Island.
1938 -- 75 years ago: Mrs. Thomas Ackles, of Rock Island, has been elected president ofthe Playcrafters for the next season. She succeeds Warren Leonard.
1963 -- 50 years ago: Some 8,000 people filed through the gates of Rock Island Arsenal on Saturday to view a display of a part of the nation's armed strength. The occasion was theannual observance of Armed Forces Day.
1988 -- 25 years ago: Willis Kuschmann, of Moline, who already has won his laurels as oneof the most artistic men in the Quad-Cities area, has a new hobby. He is deeply involvedin miniature railroading. At the age of 88, when many other seniors are dozing in theirchairs or sitting before the television, Mr. Kuschmann is planning and working on hiscollection.
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