The Latest Breaking News from Washington Federal

Ald. Patrick Daley Thompson convicted in tax fraud trial, will be forced to resign

CHICAGO — Chicago Ald. Patrick Daley Thompson was convicted by a federal jury Monday of filing false tax returns and lying to federal regulators about a line of credit he had with a failed Bridgeport bank.

Chicago Tribune · Feb 15, 2022

Patrick Daley Thompson singled himself out for federal prosecution

Ald. Thompson should have known he shouldn’t be playing in certain sandboxes.

Chicago Sun-Times · Feb 14, 2022

Ald. Patrick Daley Thompson guilty on all counts

The jury heard roughly three-and-a-half days of testimony in Thompson’s trial last week, mostly from government witnesses. The trial began nine months after the feds hit Thompson with an indictment charging him with two counts of lying to regulators and five counts of filing false federal income-tax returns.

Chicago Sun-Times · Feb 14, 2022

Patrick Daley Thompson picked up checks in Bridgeport bank president’s office, worker testifies

Alicia Mandujano said the bank president told her to let Thompson into the bank before business hours so he could pick up the first payment. She said Thompson also picked up the second and third payment in the president’s office, which was on the second, non-public floor of the bank.

Chicago Sun-Times · Feb 8, 2022

Jurors picked, opening statements next in the trial of Ald. Patrick Daley Thompson

Thompson is charged with filing false federal income tax returns for the years 2013 through 2017. He is also charged with lying to federal regulators in early 2018 about the amount of money he owed Washington Federal Bank for Savings in Bridgeport.

Chicago Sun-Times · Feb 7, 2022

A Daley goes on trial, writing a new chapter in Chicago history

Ald. Patrick Daley Thompson’s tax fraud case opens Monday. He’ll be the first from Chicago’s Daley political family to face trial and the first sitting Chicago City Council member on trial in more than two decades.

Chicago Sun-Times · Feb 4, 2022

Wednesday Is Your Last Chance To Buy Washington Federal Before The Dividend Payout

Wednesday marks the last chance for investors to receive the next dividend payout from Washington Federal (NASDAQ:WAFD).

Benzinga · Jan 31, 2022

Another potential witness against Ald. Patrick Daley Thompson pleads guilty

Cathy Torres’ name appears on a list of potential prosecution witnesses for Thompson’s federal tax trial, which is set for Feb. 4. The feds say Torres communicated with Thompson about his loan at Washington Federal and attempts to refinance there.

Chicago Sun-Times · Jan 27, 2022