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Former House Speaker Hastert indicted on federal charges

Thursday, May 28, 2015 - 01:14

Former House Speaker Dennis Hastert is indicted on federal charges, including for lying to the FBI, relating to an alleged effort to hide $3.5 million in payments to a person to conceal past misconduct. Deborah Lutterbeck reports.

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Former House Speaker Dennis Hastert is indicted Thursday on federal charges, including for lying to the FBI, relating to an alleged effort to hide $3.5 million in payments to a person to conceal past misconduct. The U.S. Attorney's office said the llinois Republican, who left office in 2007, was charged with structuring the withdrawal of $952,000 in cash in order to evade the requirement that banks report cash transactions over $10,000, and lying to the FBI about his withdrawals. Each count of the two-count indictment carries a maximum penalty of five years in prison and a $250,000 fine. According to the indictment, the unspecified misconduct involved payments to an unnamed individual who had been a Yorkville, Illinois, resident and had known Hastert for most of the person's life. Hastert was not available for comment.

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Former House Speaker Hastert indicted on federal charges

Thursday, May 28, 2015 - 01:14