Breaking News

Former House Speaker Dennis Hastert Indicted
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Dennis Hastert

Summary: After an FBI investigation, charges of structuring bank withdrawals to avoid federal reporting requirements and lying to the FBI during the investigation.

Former House Speaker Dennis Hastert has been indicted by the Justice Department on charges of reporting evasion and lying to the FBI. Hastert was paying off a former victim from his wrestling coach days with $3.5 million in hush money.

  
What
Where


Hastert was withdrawing cash from his account in increments small enough to avoid reporting, an illegal scheme is known as “structuring”. He originally was withdrawing $50,000 at a time which caught the eye of the FBI. They were concerned that he was using the money for a criminal purpose or was a victim of extortion since he has held several political and government positions.

After the FBI investigated, it was determined that Hastert had lied during the investigation, stating that he didn’t trust banks and was just keeping the cash. They determined that he had also agreed to pay the victim $3.5 million to conceal the misconduct. The specific details of the misbehavior have not been released beyond it being sexual with a student at the high school where Hastert taught and coached wrestling.

A former wrestler of Hastert had never heard of any issues while on the team. He described Hastert as friendly and in sync with his students.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Source: http://www.buzzfeed.com/johnstanton/former-house-speaker-dennis-hastert-indicted-on-federal-char#.nslrxAJ8l

Photo: foxnews.com





 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Eminent Domain Attorney

USA-TX-Richmond

Richmond office of our client seeks eminent domain attorney with 5+ years of experience. The candida...

Apply Now

RELEVANT JOBS

Hotline & Training Managing Attorney (IMMIGRATION)

USA-NY-New York City

The Hotline & Training Services Managing Attorney will guide, develop, and supervise the Hotline sta...

Apply now

Associate Attorney

USA-CA-Sacramento

A civil plaintiff’s law firm is hiring for an associate attorney, preferably with strong resea...

Apply now

Associate Attorney

USA-TX-San Antonio

One of Texas\'s largest Personal Injury Law firm seeks a highly motivated associate attorney with 3-...

Apply now

Associate Attorney

USA-TX-Dallas

One of Texas\'s largest Personal Injury Law firm seeks a highly motivated associate attorney with 3-...

Apply now

SEARCH IN ARCHIVE

To Top