Blago Investigation Update: Vrdolyak's probation-only sentence overturned

The Chicago Sun-Times reports:

Former Chicago Ald. Ed Vrdolyak’s probation-only sentence for fraud has been overturned by an appellate panel, meaning he could face prison time when he is re-sentenced.

Vrdolyak had pleaded guilty to charges stemming from the $15 million sale of a Gold Coast building belonging to the former Chicago Medical School, now called the Rosalind Franklin University of Medicine and Science.

Vrdolyak schemed with school board member Stuart Levine to split a $1.5 million kickback from the sale of the building to Smithfield Properties Development.

U.S. District Judge Milton Shadur sentenced Vrdolyak to probation last year— leading to headlines of “Fast Eddie Walks” that played off the former alderman’s nickname.