A federal indictment accuses three Chicago residents who allegedly posed as successful entrepreneurs with defrauding more than 50 victims out of approximately $4 million.

The indictment unsealed Wednesday in U.S. District Court in Chicago accuses 62-year-old Maria Chychula, 38-year-old Vitaliy Baka and 41-year-old Igor Anatsko of running a variety of fraudulent activities through several businesses between May of 2001 and October of last year. All three were charged with nine counts of wire fraud.

Randall Samborn, a spokesman for the U.S. Attorney’s office, says federal agents arrested Chychula on Wednesday, but were still searching for Baka. Samborn says Anatsko is believed to have left the country and is a fugitive.

It was not known if Chycula has an attorney.