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Former Candidate For Governor Arrested For Tax Evasion, Money Laundering

A grand jury has indicted former Illinois State Senator Sam McCann on charges of fraud, money laundering, and tax evasion related to alleged misuse of campaign money. The indictment alleges that from 2015 to 2020, McCann was caught in a scheme to convert more than $200,000 in funds that were made to his campaign committees to pay for himself and make personal purchases.

 

51 year old William Samuel McCann Jr. of Plainview, served as a state senator for the 49th District of Illinois from 2012 to 2013, and for the 50th District from 2013 to 2019. Mccann ran for Illinois Governor in 2018. McCann allegedly used more than $60,000 in campaign funds to buy trucks, fuel, and insurance. He also allegedly used $18,000 in campaign funds to buy an RV, and $25,000 to buy a motor home. McCann is also being accused of using $20,000 cashier check to pay off personal loans. 

 

In addition to wire fraud, and money laundering, McCann is also facing one count of tax evasion. His next court appearance is scheduled for February 16th, at 2 PM before US Magistrate Judge Tom Schanzle-Haskins for arraignment. The penalty for each count of wire fraud and one count of money laundering is up to 20 years in prison.  For tax evasion, the penalty is up to five years in prison. 

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