This is a very odd story.
 
He is accused of structuring the withdrawal of $925,000 in cash in order to evade the requirement that banks report cash transactions over $10,000.
 
And the other charge is lying to FBI agents.
 
If he was willing to pay 3.5 million it makes you wonder if he was/could have been blacked mailed while Speaker of The House?



Feds indict ex-House Speaker Hastert for allegedly hiding payments to apparent blackmailer

http://www.foxnews.com/politics/2015/05/29/feds-indict-former-speaker-house-dennis-hastert-on-bank-related-charges/?intcmp=latestnews

Federal prosecutors indicted former U.S. House Speaker Dennis Hastert Thursday on charges he allegedly hid payments he made to an apparent blackmailer in order to compensate for and conceal “prior misconduct.”The 73-year-old Illinois Republican is accused of structuring the withdrawal of $925,000 in cash in order to evade the requirement that banks report cash transactions over $10,000. He is also accused of lying to the FBI about the withdrawals.

Hastert was indicted on two counts, both carrying a maximum penalty of five years in prison and a $250,000 fine.Hastert, who served as speaker of the House for eight years until his retirement in 2007, is alleged to have met with a person only identified as “Individual A” in 2010. The indictment alleges that during one of those meetings, they discussed alleged prior misconduct that had been committed years earlier.The indictment says that Hastert then agreed to provide $3.5 million “in order to compensate for and conceal his prior misconduct against Individual A.”

It does not elaborate on the alleged misconduct or indicate if Individual A is a man or a woman. However, it says the person has known Hastert most of the person's life. It also says the person has been a resident of Yorkville, Illinois, where Hastert was a high school teacher and wrestling coach from 1965 to 1981.From 2010 to 2014, Hastert withdrew a total of approximately $1.7 million in cash from various bank accounts and provided it to Individual A, according to the indictment.

Last edited by Common Sense (5/29/2015 1:38 pm)