BOARD TALK
The fastest growing tennis discussion forum on the planet.


Post Reply 
Former U.S. House Speaker Hastert Indicted on Fed Charges
Author Message
Fiero425 Offline
Grand Slam Champion
*******

Posts: 4,798
Likes Given: 3,089
Likes Received: 823 in 655 posts
Joined: Jul 2013
Former U.S. House Speaker Hastert Indicted on Fed Charges
- Former U.S. House Speaker Hastert indicted on federal charges -

http://www.msn.com/en-us/news/politics/f...snewsreu11

Former U.S. House of Representatives Speaker Dennis Hastert was indicted on Thursday on federal charges including making false statements to the FBI, the U.S. Attorney's Office in Chicago said.

The Illinois Republican, who left office in 2007, was charged with structuring the withdrawal of $952,000 in cash in order to evade the requirement that banks report cash transactions over $10,000, and lying to the FBI about his withdrawals, the U.S. Attorney's Office said in a statement.

Each count of the two-count indictment carries a maximum penalty of five years in prison and a $250,000 fine.

Hastert, 73, was not immediately available for comment.

According to the indictment, the misconduct involved payments to an unnamed individual who had been a Yorkville, Illinois, resident and had known Hastert for most of the person's life.

Around 2010, Hastert met with the person several times and discussed past misconduct by Hastert. Eventually, Hastert agreed to pay the person $3.5 million in compensation and to conceal unspecified misconduct, the indictment said.

Shortly afterward, Hastert began making cash payments to the unnamed person, according to the indictment.

Hastert served as a Republican congressman from suburban Chicago for more than 20 years before resigning from the House in November 2007, having lost the speaker's job when Democrats gained control of the House in the 2006 elections.

Hastert joined the Washington law firm Dickstein Shapiro in 2008 as a senior adviser. The Chicago Mercantile Exchange said on Thursday that Hastert resigned from its board.

"Kneel before your master! Fool; You Are No Longer My Equal! I AM More Than Man, More Than LIFE; I AM A GOD!" Skeletor to He-Man in Masters Of The Universe
28-May-2015 05:36 PM
Visit this user's website Find all posts by this user Like Post Quote this message in a reply
GameSetAndMath Offline
Potential GOAT
*********

Posts: 12,688
Likes Given: 2,366
Likes Received: 3,298 in 2,325 posts
Joined: Jul 2013
RE: Former U.S. House Speaker Hastert Indicted on Fed Charges
So, it looks like he was being black mailed for his past misconduct. Do you what was that misconduct? Must be serious enough to agree for 3.5 million dollars money in blackmail.

"Never argue with a fool; onlookers may not be able to tell the difference" - Mark Twain
28-May-2015 07:49 PM
Find all posts by this user Like Post Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)