Chicago Alderman Patrick Daley Thompson's federal trial: Jury reaches verdict

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Chicago Alderman Patrick Daley Thompson's federal trial: Jury reaches verdict
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In closing arguments Monday, Chicago Ald. Patrick Daley Thompson's lawyer labeled key prosecution witnesses as 'big liars.'

The fate of Chicago Alderman Patrick Daley Thompson is in the hands of a federal jury. Thompson's accused of tax fraud and lying to investigators. FOX 32's political editor Mike Flannery from the lobby of the Dirksen Federal Court Building in Chicago.Late Monday afternoon, the jury reached a verdict after just hours of deliberations. Thompson is accused of tax fraud and lying to investigators.

Thompson was raking in a lot of money as a local zoning lawyer, and, in 2015, one of the years when Thompson’s accused of underpaying by an average $3,000, he did pay $433,000 to the IRS, making his alleged underpayment about seven-tenths of one percent of his total bill.PATRICK DALEY THOMPSON TRIAL: ALDERMAN ‘SAW AN OPPORTUNITY TO LIE HE TOOK IT’, PROSECUTORS SAY

The defense asserts Thompson simply forgot how much he had borrowed and that he eventually resolved that debt.Prosecutors ridiculed the defense claim that Thompson was simply "frazzled" as a result of his duties as alderman, a private zoning lawyer and a, "soccer dad."

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