Former congressman Mel Reynolds pleaded not guilty to tax evasion charges at a federal court hearing on Thursday.
A former U.S. congressman has failed to appear at a scheduled arraignment to enter a plea on federal tax charges.
Former Congressman Mel Reynolds has run afoul of the law again, accused of failing to file federal tax returns for four years.
Under a highly unusual sentence imposed by U.S. District Judge Thomas Durkin, tax cheat Aamir Khan will be allowed to serve five years of probation in his hometown of Doha, Qatar. But for the next four years, Khan also will have to jet into Chicago once a year to spend 30 days in a halfway house.
Plumber George Hunter — whose sewer business has received more than $1.8 million from Cicero taxpayers without a contract — hasn’t signed a plea deal with prosecutors. Instead, Hunter, 59, entered a “blind plea,” admitting his guilt on two counts of tax evasion without any formal agreement with prosecutors.
The former business manager for Lake Ridge Schools in Northwest Indiana is admitting he embezzled more than $134,000 from the school district during the same time it had to close an elementary school because of a $1.7 million budget shortfall.
The former police chief of west suburban Countryside was indicted Wednesday on federal fraud and money laundering charges connected to a non-profit helicopter program he ran.
The billionaire creator of Beanie Babies avoided prison Monday, when he was sentenced to two years of probation for evading taxes by hiding millions of dollars in a Swiss bank account that contained more than $100 million at one time.
A federal judge has denied former Cook County Commissioner William Beavers’ request to remain free on bond while he appeals his conviction on tax evasion charges.
Michael DiFoggio, 58, was found inside the office of his business in the 3200 block of South Shields Avenue, around 10 p.m. Tuesday, with an apparent self-inflicted gunshot wound to the head.
The billionaire who created Beanie Babies has pleaded guilty to a tax evasion charge that could send him to prison for years.
Federal prosecutors had been seeking a sentence of nearly two years for Beavers, who was convicted in March of four counts of tax evasion.
Millionaire businessman Ty Warner, the creator of Beanie Babies, has agreed to plead guilty to tax evasion charges, federal prosecutors said.
Saying he used his campaign fund as “a personal piggy bank,” a federal judge sentenced former Congressman Jesse Jackson Jr. to 2 ½ years in prison for misusing $750,000 in campaign money to fund a lavish lifestyle.
Federal prosecutors told a jury Thursday there’s no evidence Cook County Commissioner William Beavers was taking out a loan from his campaign fund for personal expenses, but the defense argued the prosecution was trying to “bamboozle” jurors.
Defense attorneys for Cook County Commissioner William Beavers rested their case at his tax trial on Wednesday, and the commissioner himself did not follow through on his promise to take the stand.
An IRS agent indicates he gave Commissioner Bill Beavers every possible break in figuring his tax liabilities, reports WBBM’s John Cody.
During a losing streak at Hammond’s Horseshoe Casino in April 2007, William Beavers went back to the bank three times in less than five hours to cash a total of $6,000 in checks from his political campaign fund, prosecutors alleged as the Cook County commissioner’s trial began Thursday.
Sam Adam Jr., an attorney for William Beavers, angrily told reporters Tuesday that he was “outraged” there were no black men in the 50-person jury pool. He suggested its composition was somehow fixed in advance. Beavers is black.
At worse than 100 to 1, the odds of a randomly-selected jury pool in Chicago containing not a single black man might make even the most compulsive gambler cringe.