Rezko trial: Finder's fees is the game

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Myron “Mike” Cherry, a Chicago lawyer and Democratic fund-raiser comes up in court.

Daniel Rosenberg of Sterling Venture Partners testified he was seeking an investment with a state pension fund, but he was told he first had to name a consultant and direct a finder's fee to that person.

Rosenberg said as he sought a $25 million investment, he was directed to a Rezko business associate, Michael Winter.

Winter allegedly told Rosenberg he had to choose a consultant if he wanted the deal, then provided the name of Myron Cherry and Associates.
"I knew Cherry was his attorney and they both had some deals together," Rosenberg said.
Prosecutor Reid Schar asked if Cherry had done anything on the deal to win an investment.
"Not to my knowledge," Rosenberg said.

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Natasha Korecki

Natasha Korecki is the Federal Courts Reporter for the Chicago Sun-Times, covering federal news, corruption investigations and trials.

About this Entry

This page contains a single entry by Natasha Korecki published on April 17, 2008 4:53 PM.

Rezko trial: Another new witness was the previous entry in this blog.

Friends step up to try to free Rezko is the next entry in this blog.

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