Story highlights Dennis Hastert pleads guilty

Hastert is charged with lying to investigators about plan to pay hush money

Washington (CNN) Former House Speaker Dennis Hastert pleaded guilty Wednesday to structuring money transactions in a way to evade requirements to report where the money was going.

The money, investigators said, went to pay someone he had wronged $3.5 million in hush money.

In addition, Hastert was charged with making false statements to federal investigators.

As part of a plea deal, Hastert pleaded guilty only to the count of hiding money transactions.

Hastert could serve a prison sentence, or possibly walk away with no prison time.

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