on Mar 21, 2025 at 11:40 am
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The Supreme Court on Friday threw out a ruling by a federal appeals court in Chicago that upheld the conviction of Patrick Daley Thompson, who served four months in a federal prison for making false statements to bank regulators about loans that he took out but did not repay.
In a unanimous opinion by Chief Justice John Roberts, the justices agreed with Thompson, the grandson and nephew of two former Chicago mayors and himself a former city alderman, that the federal law under which he was convicted does not apply to statements that are misleading but not false. But Friday’s decision left open the possibility that when the case returns to the lower courts, Thompson’s conviction could nonetheless stand because his statements were false.
Friday’s ruling was the most recent of a series of rulings over the past several years in which the court has pushed back against a broader reading of federal criminal laws by prosecutors.
The case centers on statements that Thompson made to a loan servicer and contractors for the Federal Deposit Insurance Corporation when they were trying to recover money owed to the Washington Federal Bank for Savings, a small bank on Chicago’s South Side where the Daley family , the city’s most famous political dynasty, made its name. Thompson, who is the grandson of Richard J. Daley, who served as the city’s mayor from 1955 to 1976, and the nephew of Richard M....
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