IL HB5520

Creates a Division of Financial Crimes within the Office of the State Treasurer to help victims of financial crimes in Illinois identify crimes and navigate the justice system.

Division shall consist of investigators, attorneys, and other staff appointed by the State Treasurer with expertise in financial crimes under federal and state law, and appointed personnel shall be considered law enforcement officials.

Division has the power and duty to investigate violations of financial crimes law and may bring civil actions through the Attorney General or applicable State's Attorney against persons violating state financial crimes laws.

Attorney General or State's Attorney may obtain monetary damages, restitution, equitable relief, injunctions, and other appropriate orders in actions brought under this section.

State Treasurer shall adopt necessary rules for implementation of the Division.