The Chicago Tribune reports:
In a surprise move for a high-profile public corruption case, federal prosecutors in Chicago have agreed to drop all charges against former U.S. Rep. Aaron Schock if he pays back money he owes to the Internal Revenue Service and his campaign fund. The stunning deal, known as a deferred prosecution agreement, was announced Wednesday during what was supposed to be a routine status hearing for Schock before U.S. District Judge Matthew Kennelly.
According to the agreement, Schock, 37, must pay $42,000 to the IRS and $68,000 to his congressional campaign fund. If he does so — and stays out of any new trouble — prosecutors would drop all felony counts against Schock, leaving him with a clean record. As part of the deal, Schock’s campaign committee, Schock for Congress, will plead guilty to a misdemeanor count of failing to properly report expenses.