Lawmaker pleads not guilty to fraud charges
CHICAGO (AP) — An Illinois lawmaker has pleaded not guilty to federal charges that accuse him of fraudulently obtaining a $500,000 increase and a two-year extension on a line of credit from a Chicago bank.
During an arraignment in Chicago on Tuesday, attorneys entered the pleas for state Rep. LaShawn Ford, who's been indicted on bank fraud and other charges. Smith didn't make a statement in court.
Authorities contend the Chicago Democrat falsely said he intended to use the money from the failed ShoreBank for work related to his real-estate business. Instead, they allege, he put the money toward car loans and credit cards, as well as payments to a casino and for his 2006 campaign.
Story Archived
Please sign in with your Comment Member ID and password.
Having trouble?
If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at archivedesk@shawmedia.com











