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Friday, January 09, 2009
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O'S MONEY PAL REZKO GUILTY OF FRAUD

Reuters, AP

June 5, 2008

CHICAGO - Antoin "Tony" Rezko, a Chicago real-estate developer and one-time fund-raiser for Barack Obama and other politicians, was found guilty yesterday of fraud, attempted bribery and money laundering.

A federal jury convicted Rezko on 16 of 24 charges against him for using his influence over two Illinois government boards to extort millions of dollars in bribes and campaign donations.

The conviction intensifies the spotlight on Rezko's relationship with Obama. Rezko has known Obama since he entered politics, raised money for his Illinois campaigns and was involved in a 2005 real estate deal with him.

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