Aaron Rossi

Illinois State University no longer expects to see any of the $3 million that former Reditus Labs CEO Aaron Rossi pledged to an Athletics building project, according to records newly obtained by WGLT.

Former Reditus Labs CEO Aaron Rossi is set to remain in custody until a December trial where he faces federal charges of mail fraud and tax fraud.

Former Reditus CEO Aaron Rossi appeared in federal court Friday morning, after officials allege he once again violated the terms of his release.

The government has unsealed two major civil actions against former Reditus CEO Aaron Rossi and his business partners, alleging a multimillion-dollar billing fraud scheme during the COVID pandemic.

The court-appointed receiver hired to oversee Reditus Labs is asking for a judge’s permission to sue former CEO Aaron Rossi and other company insiders, hoping to claw back over $100 million in allegedly misappropriated funds.

Many of those who worked under Kyle Brennan say the rebuilding must acknowledge broader workplace-culture issues inside Illinois State University Athletics – problems that go beyond any single junket on a millionaire’s private jet.

Illinois State University Athletics Director Kyle Brennan has resigned following questions raised by WGLT about spending on a donor trip to Indianapolis on one of Aaron Rossi’s private planes.

Six weeks before he was indicted on federal tax-fraud charges, former Reditus CEO Aaron Rossi pledged a $3 million donation to Illinois State University Athletics to help build its new Indoor Practice Facility, WGLT has learned.

Newly unsealed documents in the Reditus lawsuits point to a federal investigation that’s still very much active – and that former CEO Aaron Rossi’s business partners accuse him of stealing or squandering over $100 million in company money as profits soared during the pandemic.

Former Reditus Labs CEO Aaron Rossi faces new legal jeopardy Thursday as he returns to federal court, with prosecutors alleging he broke the terms of his bond by doing meth and violated an order by using confidential documents from his criminal case in a civil lawsuit.