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*** UPDATED x1 *** Vrdolyak indicted again

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* Jon Seidel with the scoop

Onetime powerhouse Chicago alderman Edward R. Vrdolyak, who went to prison after pleading guilty to a high-profile financial scam in 2008, has been indicted on charges of impeding the IRS and income tax evasion.

Vrdolyak had surfaced last year in a federal indictment that accused Daniel Soso, a Chicago attorney, of evading nearly $800,000 in income taxes.

Vrdolyak wasn’t identified by name in the Soso indictment but was revealed in court to be the unnamed “Individual A” in that indictment.

* More…


Comment from Ed Vrdolyak atty Michael Monico: "We are very much saddened to see this. It's a very old matter … " (more …)

— Jon Seidel (@SeidelContent) November 15, 2016

"And he is approaching 78 years of age and there is no loss at all. And it just surprises us that the government saw fit to bring this case"

— Jon Seidel (@SeidelContent) November 15, 2016

Monico: Vrdolyak will plead not guilty in court Nov. 22.

— Jon Seidel (@SeidelContent) November 15, 2016

*** UPDATE ***  It was about the tobacco settlement

The indictment alleges Vrdolyak collected attorney fees in connection with the record $9.2 billion settlement in 1998 between the Illinois attorney general and a number of tobacco companies, even though Vrdolyak was never authorized to perform any work for the state on the lawsuit.

Vrdolyak’s lawyer, Michael Monico, said he is dismayed by the government’s decision to again charge Vrdolyak. He said the former longtime alderman will plead not guilty to the two-count indictment in federal court next Tuesday.

Monico said Vrdolyak had set aside the amount he believes he owes in taxes — more than $250,000 — in an escrow account and was waiting to turn it over when the government formally requested it.

“We have been waiting for the government to request it in the appropriate way,” Monico said. “This is an old case. The government made a mistake in the way they did this levy notice, and we’ve had this money in escrow — for years.”

posted by Rich Miller
Tuesday, Nov 15, 16 @ 10:45 am

Comments

  1. It’s inspiring to see a man his age staying active at what he loves.

    Comment by wordslinger Tuesday, Nov 15, 16 @ 10:48 am

  2. Well he’s getting a top notch defense, so we’ll see.

    Comment by Ron Burgundy Tuesday, Nov 15, 16 @ 10:50 am

  3. To Jon: yeah, we should just say, “Meh, you’re old! Go ahead and break the law.”

    Comment by Not It Tuesday, Nov 15, 16 @ 10:50 am

  4. I’m guess he’s as popular on the inside as he is on the outside. It’s a gift.

    Comment by A guy Tuesday, Nov 15, 16 @ 10:58 am

  5. Wordslinger for the win! lol

    Comment by Cubs in '16 Tuesday, Nov 15, 16 @ 11:00 am

  6. His participation in the tobacco litigation was always of great curiosity to the feds

    Comment by Sue Tuesday, Nov 15, 16 @ 11:36 am

  7. What, no wire fraud add-ons?

    Comment by walker Tuesday, Nov 15, 16 @ 11:39 am

  8. Just lock him up. Period. Even if he’s not guilty on this matter, I’m sure he’s guilty of something else. :-)

    Comment by sloman2001 Tuesday, Nov 15, 16 @ 11:41 am

  9. Wordslinger is killing it! Too funny!

    Sometimes I wish we cold give someone a thumbs up like on Facebook

    Comment by The Way I See It Tuesday, Nov 15, 16 @ 12:14 pm

  10. Oh, come on. He’s being indicted for something that happened ten years BEFORE his 2008 conviction? Why didn’t they use this then?

    Comment by JoanP Tuesday, Nov 15, 16 @ 12:40 pm

  11. This development must be giving John Kass fits. He wants to shout from every building-top about the Combine and Chumbalones, but he’d not dare bite the hand that fed him all those years.

    Comment by Colin O'Scopey Tuesday, Nov 15, 16 @ 1:58 pm

  12. –This development must be giving John Kass fits. He wants to shout from every building-top about the Combine and Chumbalones, but he’d not dare bite the hand that fed him all those years.–

    LOL, he’s not the only Eddie who curiously never made the cut for the vast conspiracy Kass has been flogging over the years.

    Comment by wordslinger Tuesday, Nov 15, 16 @ 2:08 pm

  13. ===Why didn’t they use this then?===

    Without knowing the details of the case, it’s quite possible that the reason why it wasn’t in the previous case was due to the fact he was impeding an IRS and evading taxes.

    Unless during his first trial he came clean and said, “look, I also stole a bunch of money from a gigantic settlement, didn’t report it, and didn’t pay taxes on it” it’s reasonable to charge him again.

    And frankly, I don’t think being old really should get them out of public corruption charges. It sets a nice example for the current leadership to see someone who may die in prison go to prison.

    Comment by Anon Tuesday, Nov 15, 16 @ 2:20 pm

  14. ===Monico said Vrdolyak had set aside the amount he believes he owes in taxes — more than $250,000 — in an escrow account and was waiting to turn it over when the government formally requested it.===

    In the United States our tax code depends on voluntary compliance. If they believed they owed another $250,000 in taxes they probably should have paid it instead of creating demands on how to be asked for it…

    Comment by Anon Tuesday, Nov 15, 16 @ 2:21 pm

  15. Read the indictment. There has to be more to this story and maybe other shoes to drop. How is it Vrdolyak was able to steer who the AG hired to represent the State? Whoever had that kind of relationship probably would have had their hands out

    Comment by Sue Tuesday, Nov 15, 16 @ 3:00 pm

  16. – How is it Vrdolyak was able to steer who the AG hired to represent the State?–

    Ask Jim Ryan.

    Comment by wordslinger Tuesday, Nov 15, 16 @ 3:08 pm

  17. –Ask Jim Ryan.–

    Upon further review, should probably ask Jim Ryan’s old buddy, Stu Levine, too.

    Levine and Vrdolyak had a bidness relationship that resulted in both of them having long holidays as guests of the federales.

    Comment by wordslinger Tuesday, Nov 15, 16 @ 3:12 pm

  18. just when I think I’m out, they keep pulling me back in.

    Comment by Amalia Tuesday, Nov 15, 16 @ 4:08 pm

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