A real-estate developer who once served as a government informant in a corruption case plans to plead guilty to bilking a Chicago suburb out of $370,000.
A decade ago, John Thomas agreed to wear a wire in the case against political fundraiser Tony Rezko. Last month, Thomas was arrested and charged with wire fraud. Prosecutors say he used tax increment financing payments from the village of Riverdale to pay personal loans, legal fees, rent and other personal expenses.
He could face more than three years in prison.