Former State Rep. Eddie Acevedo Pleads Guilty To Tax Fraud Charge

Chicago IL

14 December, 2021

4:33 PM

Description

CHICAGO — Former state Rep. Edward Acevedo pleaded guilty to tax evasion Tuesday, according to a plea agreement filed in federal court. Acevedo was indicted as part of the federal government's political corruption probe that resulted in several indictments and ComEd pleading guilty to an alleged scheme to bribe former House Speaker Michael Madigan, who has not been charged with a crime. Acevedo, 58, admitted to not keeping sufficient records for his work as a consultant and not paying the federal government about $37,000 in income taxes. His guilty plea comes just weeks before Acevedo was set to face a jury trial. Acevedo, who also is a former Chicago police officer, could face up to a year in prison, according to court sentencing guidelines. He is scheduled to be sentenced on March 9. Acevedo's sons, Alex and Michael, also were indicted on similar tax fraud charges. They are awaiting trial.