(CHICAGO)—Federal prosecutors announced bank-related charges against former U.S. House Speaker Dennis Hastert on Thursday, accusing the 73-year-old Illinois Republican of structuring the withdrawal of $952,000 in cash in order to evade the requirement that banks report cash transactions over $10,000. He’s also accused of lying to the FBI. Each count of the indictment carries a maximum penalty of 5 years in prison and a $250,000 fine, according to a statement from the U.S.

 

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