CHICAGO (CBS) — "Former Ald. Ed Vrdolyak has pleaded guilty to a tax charge tied to a tobacco settlement scheme.
The charge comes from an indictment accusing him of tax evasion tied to money he allegedly collected from a tobacco lawsuit settlement he never actually worked on.
Vrdolyak pleaded guilty to one count of tax evasion, and he faces up to five years in prison. He is to be sentenced in July.
The former alderman, who earned the nickname “Fast Eddie” for his reputation for working backroom political deals while steering clear of criminal charges while he was a four-term alderman from 1971 to 1986, allegedly worked out a deal to collect up to $65 million in legal fees from the tobacco case, although the charges do not specify how much money he actually was paid or how much income tax he failed to pay."
chicago.cbslocal.com/2019/03/07/ex-alderman-ed-vrdolyak-pleads-guilty-to-tax-evasion-in-tobacco-settlement-scheme/