A 2015 flyer advertises a party in Chicago’s Playpen aboard the 58-foot yacht Flying Lady, seen in the image at upper right. The boat was seized amid a federal fraud investigation. Adorned with ...

A Skokie man has been sentenced to five years in federal prison in a multi-million-dollar bank fraud case that involved a 58-foot party yacht known as the “Flying Lady,” a onetime fixture in Chicago’s ...