Former U.S. House Speaker Dennis Hastert pleaded guilty on Wednesday to the second count of a federal indictment in a hush-money case.
Hastert pleaded guilty to "structuring," or evading requirements for banks to report large cash transactions. Hastert told a federal judge he knew he was doing something wrong when he "structured" bank withdrawals.
Hastert, who led the House for eight years before retiring in 2007, was indicted in May. He was accused of making illegal bank withdrawals for payoffs to keep sexual misconduct allegations under wraps — and lying about it to federal authorities.
The money was used to pay off a man identified only as "Individual A" to conceal "prior misconduct," the indictment says.