Former Ald. Patrick Daley Thompson should not be sent to jail for lying to federal bank regulators and filing false tax returns because he has been punished enough, the former City Council member’s attorneys told a judge Monday.
Once considered the heir to the political empire built by his grandfather, former Mayor Richard J. Daley, and his uncle, former Mayor Richard M. Daley,meant he was longer eligible to serve as a member of the Chicago City Council under state law. He was replaced by Ald. Nicole Lee .
Prosecutors argued that Daley Thompson repeatedly lied to get out of repaying the $219,000 he borrowed from Washington Federal Bank for Savings. The Bridgeport bank failed in 2017, and federal bank regulators began working to collect that debt from the alderperson. Valderrama should take into consideration that Daley Thompson repaid the full debt and refiled his taxes and paid the $15,589 he owed, Gair said.
Sposato said Daley Thompson “loves this city and always worked hard for the betterment of his constituents.”
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