Jerome Cosentino
Encyclopedia
Jerome "Jerry" Cosentino (June 13, 1931 – April 3, 1997) was an American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...

 from the state of Illinois
Illinois
Illinois is the fifth-most populous state of the United States of America, and is often noted for being a microcosm of the entire country. With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal,...

. He was a Democrat
Democratic Party (United States)
The Democratic Party is one of two major contemporary political parties in the United States, along with the Republican Party. The party's socially liberal and progressive platform is largely considered center-left in the U.S. political spectrum. The party has the lengthiest record of continuous...

 who served as state Treasurer from 1979 until 1983, and again from 1987 until 1991.

Biography

Cosentino was born in 1931 in Chicago
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...

. He was elected to the office of Illinois Treasurer in November 1978, becoming the first Italian-American to be elected to statewide office in Illinois. In 1982, Cosentino did not seek renomination for his position, electing instead to run for the post of Illinois Secretary of State; he lost to Jim Edgar
Jim Edgar
James Edgar is an American politician who was the 38th Governor of Illinois from 1991 to 1999 and Illinois Secretary of State from 1981 to 1991. As a moderate Republican in a largely blue-leaning state, Edgar was a popular and successful governor, leaving office with high approval ratings...

. After four years in the private sector, Cosentino again sought the office of state Treasurer and was re-elected in November 1986, eventually serving two nonconsecutive terms in this position.

In November 1990, Cosentino ran again for Secretary of State, losing to George Ryan
George Ryan
George Homer Ryan, Sr. was the 39th Governor of the U.S. state of Illinois from 1999 until 2003. He is a member of the Republican Party. Ryan became nationally known when in 2000 he imposed a moratorium on executions and "raised the national debate on capital punishment"...

. After leaving office in January 1991, the former state treasurer was indicted for bank fraud
Bank fraud
Bank fraud is the use of fraudulent means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently representing to be a bank or financial institution. In many instances, bank fraud is a criminal offense...

. He pled guilty to this offense in April 1992, and was sentenced to serve nine months in home confinement
House arrest
In justice and law, house arrest is a measure by which a person is confined by the authorities to his or her residence. Travel is usually restricted, if allowed at all...

. Upon completing this sentence, the former official left Illinois and moved to Naples, Florida
Naples, Florida
Naples is a city in Collier County, Florida, United States. As of July 1, 2007, the U.S. Census Bureau estimated the city's population at 21,653. Naples is a principal city of the Naples–Marco Island Metropolitan Statistical Area, which had an estimated total population of 315,839 on July 1, 2007...

, where he died in April 1997.
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