Published May 4, 2021 •
Updated on May 4, 2021 at 4:33 pm
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Arraignment dates have been set for former Chicago Ald. Ricardo Munoz and current Ald. Patrick Daley Thompson in connection to separate federal charges filed against the lawmakers.
Munoz, who was indicted Thursday on federal fraud charges, will next appear in court on Wednesday, while Daley Thompson, who faces charges related to a bank in the Bridgeport neighborhood, will appear in court May 13, according to federal prosecutors. Don t miss local breaking news and weather! Download our mobile app for iOS or Android and sign up for alerts.
Munoz is accused of using thousands of dollars from a political fund he chaired to pay for personal expenses, then lying about it. He is facing 15 counts of wire fraud and one count of money laundering in connection with the case, according to the U.S. Attorney’s Office.
CHICAGO A Chicago attorney was indicted today on false statement and tax charges in connection with funds he received from Washington Federal Bank for Savings.
Patrick D. Thompson is charged with five counts of willfully filing a false income tax return and two counts of knowingly making a false statement to the Federal Deposit Insurance Corp., according to an indictment returned in U.S. District in Chicago. Arraignment has not yet been scheduled.
The indictment was announced by John R. Lausch, Jr., United States Attorney for the Northern District of Illinois; Jay N. Lerner, Inspector General of the FDIC s Office of Inspector General; Tamera Cantu, Acting Special Agent-in-Charge of IRS Criminal Investigation in Chicago; Emmerson Buie, Jr., Special Agent-in-Charge of the Chicago Field Office of the FBI; Catherine Huber, Special Agent-in-Charge of the Central Region of the Federal Housing Finance Agency, Office of Inspector General; Sally Luttrell, Assistant Inspector for Investiga
Chicago Daley family member indicted on federal tax charges Follow Us
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By - Associated Press - Thursday, April 29, 2021
CHICAGO (AP) - An alderman who is also the nephew and grandson of two former mayors of Chicago has been indicted on tax charges tied to a failed bank, federal prosecutors announced Thursday.
Patrick Daley Thompson faces five counts of filing false tax returns and two of making false statements to a federal agency about $219,000 in loans and other payments from the Washington Federal Bank for Savings.
Thompson’s grandfather, Richard J. Daley, was Chicago mayor from 1955 until his death in 1976. His uncle, Richard M. Daley, held the mayoral seat from 1989 to 2011.
According to the indictment, after Washington Federal was shut down in 2017 and the FDIC tried to obtain repayment from Thompson in 2018, he falsely stated that he owed only $110,000 and that those funds were for home improvement, when Thompson knew he had actually received $219,000 and that $110,000 of it was paid by the bank to a law firm as Thompson’s capital contribution.
Daley Thompson was sworn into office in 2015 as alderman of the city s 11th Ward, where the Daley family has lived for years. The tax charges accuse Thompson of falsely representing on five years of income taxes that he paid interest on money he received from Washington Federal, even though he knew he did not pay interest in the amounts reported on the returns, a statement about the indictment reads.
Here I thought Pat Huels was low mark for Bridgeport and the 11th Ward…
The “guys down the street” found something on a Daley… and it’s “banking stuff”… my gosh.
Wow.
Gee whiz, it’s not enough to get a “loan” that he didn’t have to pay back, but did he really need to claim the tax deduction for interest he wasn’t actually paying? Clearly he’s not the brightest bulb in the Daley chandelier.
Can Burke and Thompson Zoom in to council meetings from the court room?
A Daley indicted? Oh my.
- Frumpy White Guy - Thursday, Apr 29, 21 @ 4:17 pm: