Chicago Fire Department official charged with federal banking violation

SHARE Chicago Fire Department official charged with federal banking violation
chicago_fire_dept_badge_e1538688020776.jpg

Five Chicago Fire Department paramedics are among seven women nationwide pursuing #MeToo-style sex harassment cases thanks to a $22 million legal fund. | Sun-Times file photo

A Chicago Fire Department official is charged with depositing almost $300,000 into local financial institutions in violation of federal reporting requirements.

Antuane King, who is also a licensed real-estate broker, made at least 30 deposits of less than $10,000 each in the Chicago Firefighters Credit Union and other financial institutions between March 2015 and February 2016, federal prosecutors say.

Financial institutions must report any deposits of more than $10,000 to the government.

Evading the reporting requirements is called “structuring,” the crime for which former U.S. Speaker of the House Dennis Hastert was sent to prison in 2016.

Hastert didn’t want authorities to know that he withdrawing money to pay for the silence of a former student who Hastert had sexually abused as a high-school teacher and wrestling coach decades earlier.

Court filings don’t explain why King allegedly violated bank reporting requirements.

King joined the fire department in 1999 and is paid about $95,000 a year as a marshal in the Office of Fire Investigation, according to city records. The only blemish on his fire department record is a complaint for inattention to duty, records show.

A spokesman for the fire department said he was unaware of the felony charge brought against King late last week.

King’s real-estate license is in good standing, state records show. A web search shows many real-estate listings in the name of his company, King Investment Group Inc., in recent years.

King is scheduled to be arraigned Friday. He couldn’t be reached for comment.

The Latest
Both vehicles struck the woman, 25, who was crossing the street, police said.
Luca Carbonaro was remarkably efficient on Friday in Wheaton, scoring 18 points on just eight shots to lead Wheaton-Warrenville South to a 56-24 win against Geneva.
“We’re ensuring that Illinoisans across the state have access to the resources and wraparound support that sets them up for success,” Pritzker said in marking the second year expansion at St. Augustine College in Uptown. St. Augustine’s Aurora and Grayslake locations received $1 million in funding for the program.
The FDA announced a draft of new guidelines Friday that would end mandatory three-month abstinence periods for men who have sex with men. For Illinois hospitals and blood banks, the change is long overdue.