Feds Drop Bank Fraud Charges, State Rep. Ford Pleads Guilty To Tax ChargeIn a rare and surprising move, federal prosecutors have dropped 17 felony bank fraud charges against state Rep. La Shawn Ford (D-Chicago), and allowed him to plead guilty instead to a single misdemeanor tax charge.
State Rep. La Shawn Ford Indicted For Bank FraudState Rep. La Shawn Ford has been indicted on federal bank fraud charges, accused of falsifying bank loans to get an additional $500,000 in credit for his real estate business, and then using the funds for personal and campaign expenses.
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