CHICAGO — Former Ohio Deputy Treasurer Amer Ahmad, who more recently served as Chicago's comptroller, entered a guilty plea Monday in federal court to charges he orchestrated a kickback scheme involving state investment business.

Facing a March trial, Ahmad struck a plea agreement with federal prosecutors on Sunday and pleaded guilty to two counts of bribery and conspiracy to commit bribery, wire fraud, and money laundering, according to court filings. He faces up to 15 years in prison and $500,000 in fines and $3.2 million in restitution, according to filings.

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