*** CLICK HERE To read the plea agreement ***
*** CLICK HERE to read “superseding information” ***
* 9:58 am - Fast Eddie cops a plea…
The federal judge in the trial of former Chicago alderman and power broker Edward Vrdolyak told prospective jurors this morning that Vrdolyak will plead guilty to a kickback scheme involving the sale of a medical school building.
Sources have said for weeks that Vrdolyak was staunchly resisting any sort of plea bargain, even after the feds reportedly offered him a very sweet deal in exchange for testimony on other matters. His attorney reportedly urged him to talk, but he refused. Until now, perhaps.
Fast Eddie probably knows where a whole lot of bones are buried, so this could get interesting.
*** 10:47 am *** I’m hearing from a good source close to the action that Vrdolyak will plead guilty to the above charge, but will apparently not testify on other matters that the feds have professed interest in, at least for now. 16 months is the prison term floating around.
*** 3:31 pm *** From the Tribune…
In a statement to reporters, Vrdolyak’s lawyer, Michael Monico, said Vrdolyak had been discussing a possible guilty plea with his family for some time. “And on Saturday the government suggested a reduced charge,” Monico said.
Vrdolyak had been indicted on mail and wire fraud, but prosecutors agreed to charge him with conspiracy, which carries a shorter prison term. […]
The plea agreement states that the U.S. attorney’s office would not file any charges against Vrdolyak in relation to accusations leveled against Springfield powerbroker William Cellini, who was indicted last week and accused of trying to extort a campaign contribution for Gov. Rod Blagojevich. […]
“I didn’t know at the time they were going to be mailed,” [Vrdolyak] said of certain documents that were part of the fraudulent deal. “But I was in fact hoping my client would get the deal.”
* Background…
* Chicago’s ‘Fast Eddie’ headed for trial
* The case against ‘Fast Eddie’ Vrdolyak
* Vrdolyak trial puts “Fast Eddie” in slow, legal lane Vrdolyak finds self on unfamiliar turf
* Bribery Trial Begins For Former Ald. Vrdolyak