WBEZ | indictment http://www.wbez.org/tags/indictment Latest from WBEZ Chicago Public Radio en State Rep. LaShawn Ford indicted on bank fraud charges http://www.wbez.org/news/politics/state-rep-lashawn-ford-indicted-bank-fraud-charges-104118 <img typeof="foaf:Image" src="http://llnw.wbez.org/main-images/lashawnford.jpg" alt="" /><p><div class="image-insert-image ">An Illinois state representative from Chicago&rsquo;s West Side says he&rsquo;ll fight federal charges of bank fraud.</div><div class="image-insert-image "><p>State Rep. LaShawn Ford stands accused of 17 counts of bank fraud and lying to the now-failed ShoreBank. Federal prosecutors say the Chicago Democrat took out a line of credit worth $500,000 starting in 2006, thereby increasing his line of credit with the bank to $1,500,000.</p><p>In an indictment released Thursday, the U.S. Attorney&#39;s Office from the Northern District of Illinois alleges State Rep. LaShawn Ford, 40, said he would use the increase in the line of credit to purchase and rehab some properties, but instead used the money to pay off expenses from his 2006 campaign for state representative.</p><p>He also allegedly used it for payments to a casino in Hammond, Ind., credit cards, car loans and mortgages he held at the bank. Prosecutors allege Ford falsely inflated his personal income in obtaining the line of credit.</p><p>Ford operated Ford Desired Real Estate, Inc.&nbsp;</p><p>Thursday night, Ford met with reporters to deny the charges.</p><p>&ldquo;They&rsquo;re good writers,&rdquo; he said, speaking about the prosecutors.</p><p>Ford said he&rsquo;s innocent and that prosecutors tell a good story.</p><p>&ldquo;There&rsquo;s not one property that they could find that money was not used - all the money wasn&rsquo;t used to complete the task of the properties,&rdquo; he said.</p><p>A court date for Ford to formally enter his plea has not yet been set.&nbsp;Ford is the second sitting Illinois state representative to be indicted on federal charges this year.</p></div><p>&nbsp;</p></p> Thu, 29 Nov 2012 14:35:00 -0600 http://www.wbez.org/news/politics/state-rep-lashawn-ford-indicted-bank-fraud-charges-104118 Cook County Commissioner Bill Beavers indicted http://www.wbez.org/story/cook-county-commissioner-bill-beavers-indicted-96664 <img typeof="foaf:Image" src="http://llnw.wbez.org/story/photo/2012-February/2012-02-23/AP041109017131.jpg" alt="" /><p><p>Cook County Commissioner Bill Beavers has been indicted. Federal prosecutors allege the longtime Chicago politician under-reported his income.</p><p>The 77-year-old also is accused of not paying enough taxes on money that he took from his campaign accounts and using that cash for personal use, including gambling, between 2006 and 2008.</p><p>U.S. Attorney Patrick Fitzgerald's office charged Beavers with three counts of filing false tax returns and one count of "endeavoring to obstruct and impede" the Internal Revenue Service.</p><p>"If politicians choose to use their campaign funds for personal use then they, like all citizens they serve, share the obligation to honestly report their income and pay the correct amount of taxes," Fitzgerald said in a statement.</p><p>The most glaring example alleged in the indictment occurred in November of 2006. According to prosecutors, Beavers gave a $68,763.07 check, from his campaign account, to Chicago's municipal pension fund in order to more than double his monthly pensions annuity. Prosecutors said Beavers did not report the campaign's pay-out as income.</p><p>Beavers was previously city chairman of the Cook County Democratic Party. He also served six terms as an alderman on Chicago's City Council from 1983 to 2006. A call to Beaver's office was not immediately returned.</p><p>Meantime, Beavers has told <a href="http://www.suntimes.com/10831329-417/beavers-i-was-indicted-because-i-wouldnt-wear-wire-on-john-daley.html" target="_blank">media outlets</a> Thursday that prosecutors wanted him to secretly record the powerful Cook County Finance Committee Chairman John Daley. When reached by phone, Daley said Beavers is trying to get the attention off of himself.</p><p>"I think someone's trying to move - the story of today is the indictment against Bill Beavers. And that's the entire story," Daley said. "You know, and that's the story only. It's nothing about John Daley. This is the indictment of Bill Beavers and only Bill Beavers."</p><p>Daley said he hasn't had a smooth relationship with Beavers since Beavers was elected to the Cook County Board in 2006.</p><p><em>WBEZ's Sam Hudzik contributed reporting.</em></p></p> Thu, 23 Feb 2012 19:54:00 -0600 http://www.wbez.org/story/cook-county-commissioner-bill-beavers-indicted-96664 John Edwards indicted on federal charges http://www.wbez.org/story/2011-06-03/john-edwards-indicted-federal-charges-87385 <img typeof="foaf:Image" src="http://llnw.wbez.org/npr_story/photo/2011-June/2011-06-03/John Edwards_AP_Gerry Broome.jpg" alt="" /><p><p>A federal grand jury indicted two-time presidential candidate John Edwards on Friday over massive sums of money spent to keep his mistress in hiding during the peak of his 2008 campaign for the White House.</p><p>He was scheduled to be arraigned later in the day in Winston-Salem, N.C.</p><p>Edwards initially denied having an affair with Rielle Hunter but eventually admitted to it in the summer of 2008. He then denied being the father of her child before finally confessing last year. His wife, Elizabeth, died of cancer in December.</p><p>The case of <em>USA v Johnny Reid Edwards</em> contains six counts: one count of conspiracy, four counts of illegal campaign contributions and one count of false statements. The indictment was returned in the Middle District of North Carolina.</p><p>Edwards could face five years in prison if convicted.</p><p>The indictment was the culmination of a federal investigation that lasted more than two years and scoured through virtually every corner of Edwards' political career.</p><p>It said Edwards proposed the names of wealthy donors who could give his mistress and their baby financial support. The money paid for hotels, chartered airplanes and living expenses. And none of it was reported to federal election officials.</p><p>The indictment said the payments were a scheme to protect Edwards' White House ambitions. "A centerpiece of Edwards' candidacy was his public image as a devoted family man," the document read.</p><p>"Edwards knew that public revelation of the affair and the pregnancy would destroy his candidacy by, among other things, undermining Edwards' presentation of himself as a family man and by forcing his campaign to divert personnel and resources away from other campaign activities to respond to criticism and media scrutiny regarding the affair and pregnancy," the indictment added.</p><p>Edwards' lawyer Gregory Craig issued a statement saying Edwards "is innocent of all charges, and will plead not guilty."</p><p>Defense attorneys also issued statements from campaign finance experts advising him.</p><p>The experts argued the payments provided by two wealthy Edwards supporters — his former campaign finance chairman Fred Baron and Rachel "Bunny" Mellon, the 100-year-old widow of banking heir Paul Mellon — were not campaign contributions. One, former Federal Elections Commission Chairman Scott Thomas, said if the FEC had investigated it would have found the payments did not violate the law, even as a civil matter.</p><p>"A criminal prosecution of a candidate on these facts would be outside anything I would expect after decades of experience with the campaign finance laws," Thomas said.</p><p><em>NPR's Carrie Johnson reported from Washington, D.C., for this story, which contains material from The Associated Press.</em> <div class="fullattribution">Copyright 2011 National Public Radio. <img src="http://metrics.npr.org/b/ss/nprapidev/5/1307116894?&gn=John+Edwards+Affair+Leads+To+Federal+Indictment&ev=event2&ch=1070&h1=Politics,Home+Page+Top+Stories,News&c3=D%3Dgn&v3=D%3Dgn&c4=136918531&c19=20110603&v19=D%3Dc19&c20=1&v20=D%3Dc20&c45=MDA0OTc2MjAwMDEyNjk0NDE4OTI2NmUwNQ001"/></div></p></p> Fri, 03 Jun 2011 09:36:00 -0500 http://www.wbez.org/story/2011-06-03/john-edwards-indicted-federal-charges-87385