Chicago Business reports “In a stunning development, former U.S. House Speaker Dennis Hastert today was indicted on federal financial misconduct and perjury charges.
A federal indictment released this afternoon accuses the Plano Republican of disguising the withdrawal of nearly $1 million from various financial accounts to avoid federal disclosure requirements, and of lying to the FBI about the matter.
The federal charges allege that the money was part of $3.5 million that Hastert was paying an unnamed “Individual A” in order “to compensate for and conceal his prior misconduct” against that individual.
If convicted, he could face up to five years in prison and a $250,000 fine for each count. Read more HERE.
The Hill reports “DOJ indicts former Speaker Dennis Hastert.” Read more HERE.
The Hill also reports “Former Speaker Dennis Hastert (R-Ill.) has resigned from his position as a lobbyist at law and lobby firm Dickstein Shapiro following a federal indictment released Thursday, according to a firm spokesman.” Read more HERE.
Here’s another example of an elected official portraying someone he is not. It took awhile, but the truth has come forward about Dennis Hastert.
Letter to Dennis Hastert (former Speaker) dated April 9, 1999. Click here.