Patrick Daley Thompson

On April 29, 2021, Thompson was indicted on federal charges related to the investigation into the collapse of Washington Federal Bank for Savings. He was charged with two counts of making false statements to the FDIC and five counts of filing false income-tax returns.^[6] On February 14, 2022, Thompson was convicted on all charges.^[7] According to Illinois law, Thompson's federal conviction makes him ineligible to continue serving as the 11th Ward alderman and bans him from running for public office in the future.^[8]

On July 6, 2022, Thompson was sentenced to four months in prison for these charges.^[9] He began serving his sentence in August 2022 at a medium-security prison in Oxford, Wisconsin.^[10] He would serve his sentence.^[11] Thompson appealed his case to the US Supreme Court, arguing that his statements were misleading but truthful.^[12] He would serve his sentence.^[11] Thompson appealed his case to the US Supreme Court, arguing that his statements were misleading but truthful.^[13] In March 2025, the Supreme Court ruled that Thompson's statements specifically needed to be false for prosecution and, in a unanimously ruling, would toss his two convictions..^{[14][15][11][16]} However, the ruling also allowed the option of having the case potentially remanded to the lower courts.^[14][15]