Dennis Hastert, former Speaker of the House, has reported suffered a stroke after he plead guilty to charges related to his sex scandal.
Hastert, a Republican and a sponsor of numeral anti-gay legislation, was found have had sexual affairs and sexual misconduct with male staffers and at least one high school student while he was a wrestling coach at Yorkville High School in Illinois.
His plea, however, has to do with how he decided to handle these allegations rather than the allegations themselves. Hastert evaded reporting OCC’s currency reporting threshold by withdrawing just below the threshold of $10,000 multiple times. The threshold exists to capture money-laundering, primarily, but also other types of misconduct where transactions would be preferable in cash. He paid up to $3.5 Million in hush-money during and after his time in the House over twenty years.
Hastert’s stroke was revealed when prosecutors and his attorney exchanged correspondence that included mention of Hastert’s hospital stay. His attorney, Thomas Green, confirmed that Hastert was admitted to the hospital and remains there. He is expected to be released early next year.
Marcus Maltempo is a compliance professional with more than a decade of experience helping banks, law firms and clients manage investigations and regulatory responses. He is a member of ACAMS and ACFE.