Former Illinois Political Fundraiser Sentenced to 10 Years

Posted November 22nd, 2011 at 5:05 pm (UTC-5)
Leave a comment

A former fundraiser for U.S. President Barack Obama has been sentenced to 10-and-a-half years in prison.

A judge in Illinois Tuesday sentenced Antoin “Tony” Rezko and said she hoped it would send a message that “enough is enough” and corruption in the state must end.

Rezko will receive credit for the nearly four years he has already spent in prison, before and since his 2008 conviction.

The former real estate developer was found guilty of 16 counts of fraud and money laundering. He was accused of using his influence to extort millions of dollars in kickbacks from investment houses that wanted to do business with Illinois state boards.

Rezko was arrested as part of an investigation of former Illinois governor Rod Blagojevich, who has also been convicted on corruption charges.

President Obama has said Rezko had helped raise up to $250 thousand for his 2008 campaign, but denied any wrongdoing. He was not implicated in the case and the campaign gave away the donations that were traced to Rezko.