1/28/2008

Rezko arrested this morning

By: Cao, Filed under: Demonrats @ 7:56 pm

rezkowilmette.jpg
Antoin “Tony” Rezko was arrested at his Wilmette home this morning. (Sun-Times/AP)

Interesting timing, isn’t it. Via the Suntimes “Judge revokes Rezko’s bond, sends fundraiser to jail”

A businessman who has fundraising ties to both Gov. Blagojevich and Democratic presidential contender Barack Obama won’t have the comforts of home tonight — namely a mansion in Wilmette — as a federal judge revoked his bond this afternoon and sent him to jail.

Prosecutor contended that Antoin “Tony” Rezko repeatedly lied to the court about his finances while out on bond on fraud charges.

“The reality is this defendant has played a shell game,” and has “misled the court” about his financial situation, Assistant U.S. Attorney Reid J. Schar said.

Rezko allegedly secretly received millions of dollars in a bank account and funneled the money through third parties to family, friends and creditors — all without telling the court, prosecutors alleged.

Duh…he’s a CROOK.

Rezko got $3.5 million from a British-based Iraqi billionaire to whom he has business ties and also cashed out of a large land investment on the South Side, prosecutors alleged.

Interesting. An Iraqi billionaire? The plot thickens.

Two years ago, Iraq’s Ministry of Electricity gave a $50 million contract to a start-up security company owned by now-indicted businessman Tony Rezko and a onetime Chicago cop with a checkered financial past.

Within a month, an Iraqi leadership change left the deal in limbo.

That’s quoting an old Suntimes Article. Still, it’s really interesting.

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One Response to “Rezko arrested this morning”

  1. Angel Says:

    the plot thickens indeed Cao! :lol:

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