‘I’m very perplexed’: Feds play recording where Ald. Patrick Daley Thompson allegedly lied by claiming he only owed $100,000 to failed bank

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‘I’m very perplexed’: Feds play recording where Ald. Patrick Daley Thompson allegedly lied by claiming he only owed $100,000 to failed bank
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A federal agent who interviewed Chicago Ald. Patrick Daley Thompson and served him with a subpoena for his tax records in 2018 is expected to resume testifying Thursday in Thompson’s federal criminal trial.

Ald. Patrick Daley Thompson arrives at the for his trial at the Dirksen U.S. Courthouse in Chicago on Feb. 10, 2022.

Thompson described Washington Federal’s collapse “was a bad situation” where there was some “financial impropriety and the owner of the bank — uh —ultimately ended up committing suicide.” Thompson’s trial, the first for a sitting alderman in more than 20 years, is now in its fourth day. Prosecutors Thursday morning told U.S. District Judge Franklin Valderrama there was a good chance they would rest their case by the end of the day. Closing arguments would likely be Monday.

The call was played during the testimony of Jacob Evans, an FDIC special agent who confronted Thompson at his Bridgeport bungalow on the morning of Dec. 3, 2018. Thompson’s lawyers have characterized the report generated from the interview as unreliable and that Thompson’s answer about payments was misconstrued by the agents, who had asked confusing, compound questions.

The jury has heard testimony that several days after that confrontation, Thompson reached out to his accountant and said he needed to amend his tax returns to reflect that he had not actually paid mortgage interest in loans from Washington Federal as the bank’s statements had shown. Gair told the jury in opening statements Tuesday that Thompson lived a “frazzled” life and hardly paid attention to what was in the returns. Any false information, Gair said, was provided by Washington Federal, not Thompson.

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