Tuesday, November 15, 2016
Powerhouse & Former Chicago Alderman Fast Eddie Vrdolyak indicted on income tax evasion, impeding IRS
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.
The indictment of Vrdolyak, filed earlier this month, is a superseding one which also includes Soso.
“We are very much saddened to see this. It’s a very old matter,” Vrdolyak’s attorney, Michael Monico, said Tuesday. The former alderman “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.”
The former 10th ward alderman was widely known during his time on the Chicago City Council by the nickname “Fast Eddie” after developing a reputation for dancing on the edge of a law but remaining on the right side of it. He was known for saying he always assumed anyone he was talking with might be wearing a wire.
In 2009, a federal judge initially gave Vrdolyak a big break, giving him no prison time for his role in the Levine scheme. But prosecutors appealed, and Vrdolyak ended up resentenced to 10 months in prison and 10 months of home confinement and work release.
More details to come on this developing story.