Vrdolyak indicted in real estate case
By Jeff Coen and Matt O’Connor
Tribune staff reporters
Published May 10, 2007, 12:42 PM CDT
Edward R. Vrdolyak, the former powerful Chicago alderman and polarizing politician who has been under federal scrutiny in connection with a multimillion-dollar real estate deal, has been indicted by a federal grand jury on fraud and bribery charges, authorities announced today.
The U.S. Attorney's Office announced Vrdolyak was indicted "for allegedly scheming with cooperating businessman Stuart Levine to obtain a kickback for Levine from the sale of a building in Chicago's Gold Coast neighborhood for a condominium development," the office said in a statement.
"The alleged scheme was intended to defraud a north suburban medical school of money and property and of the honest services of Levine, who served on the medical school's board of trustees."
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