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Hastert Reportedly Paid Individual From His Past To Hide Sexual Misconduct
www.buzzfeed.com ^ | 05-29-2015 | John Stanton, Andrew Kaczynski, Evan McMorris-Santoro

Posted on 05/29/2015 12:21:39 PM PDT by Red Badger

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To: Red Badger

Where did a teacher/”poor Congressman” get 3.5 mil. to pay somebody off?


41 posted on 05/29/2015 2:29:37 PM PDT by az wildkitten (7 years 'til I retire)
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To: az wildkitten

Good question, but that is not what he’s being charged with. Maybe that’s next and will come out in discovery. Real estate, or so I’ve read...........


42 posted on 05/29/2015 2:42:08 PM PDT by Red Badger (Man builds a ship in a bottle. God builds a universe in the palm of His hand.............)
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To: alancarp
He entered Congress in 1987 with a net worth of no more than $270,000 and then exited worth somewhere between $4 million and $17 million, according to congressional disclosure documents."

The new American formula for making a fortune.
Politician

43 posted on 05/29/2015 2:49:35 PM PDT by Vinnie
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To: HamiltonJay
The Bank Secrecy Act of 1970 (or BSA, or otherwise known as the Currency and Foreign Transactions Reporting Act) requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering.

Specifically, the act requires financial institutions to keep records of cash purchases of negotiable instruments, and file reports of cash purchases of these negotiable instruments of more than $10,000 (daily aggregate amount), and to report suspicious activity that might signify money laundering, tax evasion, or other criminal activities.

http://en.wikipedia.org/wiki/Bank_Secrecy_Act

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It's a legacy from the early years of the drug war. Hastert was a big time supporter, so he is being hoist on his own petard.

44 posted on 05/29/2015 3:13:45 PM PDT by Ken H
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To: HamiltonJay

I have made similar comments. But, it seems the timeline is screwy: He negotiated with the guy in 2010 and began payments shortly after.

Why then? He was no longer in public life. Why not decades ago when exposure could have impacted Hastert's political career?

There is something that does not sound right with the story. Also, the 'leaked' details seem cloudy about who Hastert was actually paying the money to: the kid (now grown), or to a recipient knowledgeable of the incident(s) but not necessarily the participant.

One 'leak' said the officials knew of another individual involved in similar activity but the officials declined to include that in this indictment.

We will have to wait for more leaks. lol.
45 posted on 05/29/2015 3:33:02 PM PDT by TomGuy
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To: az wildkitten
Where did a teacher/”poor Congressman” get 3.5 mil. to pay somebody off?

Per various thread posts and linked articles, Hastert entered Congress with a net worth of about $270k. When he left Congress he had a net worth of between $4 and $17 million.

Must be investing a lot of his Congressional salary (probably averaged around $150k per year) in cattle futures.
46 posted on 05/29/2015 3:36:38 PM PDT by TomGuy
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To: InterceptPoint

you would think intent should be factored in but its not. This needs be a 2 step law. Evading reporting limits in the execution of an illegal act. Not just taking out cash in a manner the govt doesn’t approve of.


47 posted on 05/29/2015 3:39:08 PM PDT by wiggen (#JeSuisCharlie)
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To: Red Badger

Does the pervert have a beard?

No wonder they could not do much about Clinton. The GOP is just as disgusting.


48 posted on 05/29/2015 3:58:06 PM PDT by SaraJohnson
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To: Red Badger

Now we are seeing why the Republicans are so weak. They are being blackmailed.


49 posted on 05/29/2015 4:21:17 PM PDT by jaz.357 (Si vis pacem, para bellum)
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To: InterceptPoint

That’s against the law - for some reason.


There would also be gift tax considerations...........


50 posted on 05/29/2015 4:55:39 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: SaraJohnson

Probably not since the supposed incidents happened 40+ years ago.......


51 posted on 05/29/2015 6:25:23 PM PDT by Red Badger (Man builds a ship in a bottle. God builds a universe in the palm of His hand.............)
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To: 2nd Amendment

You are pandering?........


52 posted on 05/29/2015 6:27:56 PM PDT by Red Badger (Man builds a ship in a bottle. God builds a universe in the palm of His hand.............)
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To: Red Badger; AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; ...
Note: this topic is from 05-29-2015. The recent revival of this as a "news" story has *nothing to do with* the current election campaign, *I'm sure of it.* Thanks Red Badger.

53 posted on 04/15/2016 10:26:22 AM PDT by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
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To: Red Badger

"So, you like movies about Gladiators?"

54 posted on 04/15/2016 10:28:10 AM PDT by dfwgator
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To: dfwgator

..........or Tarzan movies?...........................


55 posted on 04/15/2016 10:29:39 AM PDT by Red Badger (WE DON'T NEED NO STEENKING TAGLINES!...........................)
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