https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=7296766&GUID=8CEDBD79-9426-43AA-8E86-F9CE5119394CLegistar15https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=7296766&GUID=8CEDBD79-9426-43AA-8E86-F9CE5119394C8CEDBD79-9426-43AA-8E86-F9CE5119394C-2025-05-22-17-27-54Title: PROPOSED RESOLUTION CREATION OF SPECIAL PURPOSE FUND FOR FRAUD CASE SETTLEMENTS WHEREAS, the Cook County State’s Attorney’s Office (“SAO”) has received settlement funds stemming from insurance fraud and other types of civil and criminal lawsuits; and WHEREAS, certain insurance fraud settlement collections were accounted within the General Fund in FY24, prior to the creation of this special purpose fund; and WHEREAS, under the Insurance Claims and Fraud Prevention Act (the “ICFPA”) when the SAO has proceeded with an action, a portion of settlement funds shall be used to investigate, prosecute and prevent additional or future insurance fraud claims by augmenting existing budgets rather than replacing them, 740 ILCS 92/25(f); and WHEREAS, under the ICFPA when the SAO or the Attorney General decline to intervene in an action, the settlement funds allocated to the SAO shall be used to investigate, prosecute and prevent crime by augmenting existing budgets rather than replacing them, 740 ILCS 92/25(h); and WHEREAS, under the Illinois Consumer Fraud and Deceptive BusinThu, 22 May 2025 17:27:54 GMT