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William Beavers Indicted On Tax Fraud Charges

By Chuck Sudo in News on Feb 23, 2012 8:00PM

William Beavers
Cook County Commissioner William Beavers, whose penchant for bombastic talk, combative tendencies with other county politicians and arrogant behavior earned him his self-given nickname "The Hog with the Big Nuts," may have those nuts served as mountain oysters soon. Capitol Fax's Rich Miller is reporting that the U.S. Attorney's office has indicted Beavers on federal tax charges for allegedly failing to pay federal taxes on his campaign funds and using his county expense account for personal gain. In short, they indicted Beavers for everything one suspected of him.

A press release from the U.S. Attorney's office reads:

"Beavers allegedly concealed his under-reporting of income and underpayment of taxes on thousands of dollars that he converted to personal use from his campaign accounts - including more than $68,000 in personal gain on one occasion that was not reported - as well as from his county discretionary spending account. Between 2006 and 2008, Beavers allegedly paid himself more than $225,000 from three separate campaign accounts and used at least a portion of those funds for personal purposes, including gambling. In 2006, he used more than $68,000 from a campaign account to boost his city pension, and between 2006 and 2008, he used his $1,200 monthly county contingency account for personal purposes without reporting any of these funds as income on his federal tax returns, the indictment alleges."

Beavers faces one count of corruptly endeavoring to obstruct and impede the IRS and three counts of filing false federal income tax returns in a filing returned by a federal grand jury. We've included the indictment for your reading pleasure.

Beavers Final Indict