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Posts Tagged ‘William Beavers’

Hog versus Rooster

July 8th, 2012 No comments

Last February Cook County Commissioner William Beavers was indicted for three separate counts of filing false income tax returns. Beavers has adamantly denied any wrongdoing.

Last week, Beavers held a press conference to further emphasize his innocence as a December trial date looms, the Chicago Sun-Times reports.

Referencing former U.S. Attorney Patrick Fitzgerald, who pushed to bring the charges, Beavers said, “He’s a rooster without nuts, a capon. OK? That’s what he is, a capon.”

I’ll let you look up what a capon is.

Beavers shed some light regarding his defense. In the indictment, Beavers allegedly used more than $68,000 from a campaign account in 2006 to boost his city pensions without paying income tax on the funds. At the press conference, Beavers shared bank statements reflecting that the campaign funds received was in fact a loan he repaid in 2009.

Beavers is a fighter. I wouldn’t be surprised if he takes this matter to trial just for the satisfaction of victory.

Hog Loses Some of His Nuts

February 23rd, 2012 1 comment

Politicians in Illinois are struggling to keep their tax affairs in straight order. Last October, the Mayor of Channahon pleaded guilty to two counts of income tax evasion.

Earlier today, William Beavers, a Commissioner of Cook County, was indicted for three separate counts for filing false income tax returns. Beavers is known for calling himself the “Hog With the Big Nuts.”

You can read the indictment here. From the U.S. Department of Justice press release:

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.

A Chicago Tribune reporter reached out to Beavers for comment. Beavers claims he was indicted because he refused to wear a wire to assist authorities with an investigation of John Daley, a fellow Commissioner of Cook County.

“They wanted me to wire up, and I’m not wiring up. I’m no stool pigeon. It’s just not going to happen,” Beavers said.

Beavers is 77 years old. He sounds like a man who doesn’t like to get pushed around. At his age, I don’t blame him. But that’s no excuse for tax fraud. We’ll see how this plays out.

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