A De Pere businessman whose company promised to turn fast-food wrappers into synthetic fuel and paper products was sentenced this week to more than seven years in prison for defrauding the state's economic-development agency and other investors out of more than $9 million.

The Legislature's budget committee is set to take its second round of votes on Gov. Scott Walker's state budget.

Wisconsin lawmakers have reintroduced a bipartisan proposal making it a felony to defraud the Wisconsin Economic Development Corp.

The Wisconsin Economic Development Corp. has dropped a proposal to restrict how much board members could say to the media, but the agency can't be allowed to skate away from this episode without criticism.

A Wisconsin businessman indicted in an alleged scheme to fraudulently obtain bank loans has filed for bankruptcy protection.

A federal grand jury on Tuesday indicted a Wisconsin businessman on charges that he conspired to fraudulently obtain bank loans.