More news coming in from the great State of Nevada about Senator John Ensign. Word on the street is the Justice Department will be throwing down an indictment on structuring charges.

What’s structuring? Federal law makes it a crime to attempt to create a financial transaction to evade reporting requirements. As Jon Ralston put it:

for example, a $96,000 payment to your mistress laundered through a trust controlled by your parents and calling it a “gift” instead of what it obviously was: a severance payment that had to be reported.

The rumor mill also suggests the Justice Department may be out to “get their man” this time, after letting the big fish slip away in Senator Steven’s case.

No word of criticism yet from the GOP.

Pundits speculate that Republicans in Nevada and D.C. want to wait until the controversial Governor Jim Gibbons is out of office before making any moves on Ensign. Why? Because most think Gibbons wouldn’t blink before appointing himself to that position, thus leaving the GOP stuck with him for another two years. Most expect former Federal Judge Brian Sandoval to defeat the incumbent Gibbons in the primary in June.

In a related story, John Ensign is also the target of ethics investigations into his use of cut-rate housing in D.C., which would violate the gift rules of the Congress.

Citizens for Ethics and Responsibility in Washington, or CREW, filed complaints against Sens. Sam Brownback, R-Kan; Tom Coburn, R-Okla.; Jim DeMint, R-S.C. and Ensign; as well as Reps. Mike Doyle, D-Penn.; Heath Shuler, D-N.C.; Bart Stupak, D-Mich.; and Zach Wamp, R-Tenn. They all lived at the red brick house on C Street in Washington.

CREW alleges they received an improper gift from C Street Center, Inc., which owns the house.

The “C Street House,” which is affiliated with a powerful and secretive Christian religious organization called “The Family” or “The Fellowship,” became notorious last year after it was revealed Ensign and Sanford, who admitted to adulterous affairs, had both lived at the house.