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Patrick Fitzgerald Prosecotor - "Big Loans Get Rezko Jailed" Chicago Sun Times [View All]

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autorank Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-04-08 01:17 PM
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Patrick Fitzgerald Prosecotor - "Big Loans Get Rezko Jailed" Chicago Sun Times
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Edited on Mon Feb-04-08 01:34 PM by autorank
How often does corproate media mention the birthplace of it's subjects? Here's what they say, "loan from an Iraqi-born billionaire"... "Iraqi born" - WTF does that have to do with anything. Previousl articles on Rezko say "Syrian born." Well why don't they say "Panamanian born candidate John McCain..."? Because they're making a point. There will be more to come from the Poppy Bush-Clinton clan.

Big loan gets Rezko jailed
Update: Rezko to remain in jail; judge won't grant bond. DETAILS TO FOLLOW


http://www.suntimes.com/news/metro/764445,CST-NWS-rezko29.article

Plus Fitzgerald motion to revoke bond
January 29, 2008
BY CHRIS FUSCO, STEVE WARMBIR AND STEVE PATTERSON Staff Reporters

An unreported $3.5 million loan from an Iraqi-born billionaire helped land Tony Rezko in jail Monday -- a week after Rezko's ties to Sen. Barack Obama became an issue in the Democratic presidential campaign.

Calling Rezko "a risk of flight," U.S. District Judge Amy J. St. Eve revoked Rezko's $2 million bail and ordered him jailed at least overnight.
» Click to enlarge image
Antoin ?Tony? Rezko leaves Federal court in 2007.
(Brian Jackson/Sun-Times)

RELATED STORIES
PDF: Motion to revoke Rezko's bond More: From the Sun-Times archive Star witness has drug problem, defense says

* Oct. 11, 2006: Tony Rezko is indicted on corruption and fraud charges. He remains free, with restrictions, on $2 million bail.

* Monday: Rezko's bail is revoked after he's accused of hiding millions of dollars in assets.

* Today: Rezko will have a court hearing this afternoon, seeking to be released pending trial.

* Feb. 25: Rezko is set to go on trial in the first of the two criminal trials he faces -- the corruption case.

Her ruling came after prosecutors accused Rezko of repeatedly lying about his finances. "The defendant has played a shell game" and "misled the court about what his assets are," Assistant U.S. Attorney Reid J. Schar told St. Eve.

The judge noted that Rezko claimed last January "he has no money and no access to funds." But prosecutors said he subsequently paid $260,000 to a family member who had posted two properties as a condition of Rezko's release on bail. That would eliminate the financial risk the relative might face if Rezko fled and the properties were forfeited. Rezko also had been paying the mortgage on another property that was security against his bail, prosecutors said.
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