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Former Milwaukee Alderman charged with wire fraud

NOW: Former Milwaukee Alderman charged with wire fraud

NEXT:

MILWAUKEE (CBS 58) -- A former Milwaukee Alderman has been charged with three counts of wire fraud.

According to the indictment, Willie Wade got $30,000 in cash from someone by falsely claiming he was negotiating on behalf of a current alderman to accept a bribe.

The bribe would have been in exchange for a vote in favor of approving licenses for a downtown strip club.

The indictment says the alderman was not aware of Wade’s representations and had never offered or agreed to accept any bribe.

Each count carries a maximum penalty of 20 years in prison, a maximum fine of $250,000, and up to three years of supervised release following any prison term.

Wade has been President and CEO of 'Employee Milwaukee' since last July.

Stay with CBS 58 News for more information on this developing story. 

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