The Justice Department charged the Illinois Republican Thursday for evading reporting requirements and lying to the FBI as part of a scheme to pay off victims of “prior bad acts.”
(BUZZFEED) WASHINGTON — The Justice Department has indicted former House Speaker Dennis Hastert on reporting evasion charges and lying to the FBI as part of an effort to pay off victims of “prior bad acts.”
In an indictment handed down in the District Court of Northern Illinois, the Department of Justice and IRS charged Hastert, 73, with illegally transferring funds in an effo
rt to avoid detection by the IRS, a scheme known as “structuring.”
Although the indictment does not specify the “bad acts,” sources said they could be from before Hastert, who is now a lobbyist in Washington, entered politics in 1980.
According to the indictment, the FBI began, in 2013, investigating cash withdrawals allegedly made by Hastert “as possible structuring of currency transactions to evade the reporting requirements.”
When the FBI interviewed Hastert on December 8, 2014, he was asked whether the purpose of the withdrawals was related to his lack of trust in the banking system, which he confirmed. According to the indictment, Hastert said, “Yeah … I kept the cash. That’s what I’m doing.” The indictment counters that Hastert “then well knew, this statement was false,” because he had agreed to provide the person in question with $3.5 million “to compensate for and conceal his prior misconduct against” the person.