Rezko money: Feds want to put a hold on funds

| | Comments (0) | TrackBacks (0)

Lawyers met this morning in Tony Rezko's case, indicating they want to freeze cash Rezko put up for his bond so they can try to take it later. The feds want to put a hold on about $100,000 in cash as they move to seek forfeiture against him. That money is supposed to be returned to Rezko's lawyers after the fund-raiser turned himself in to begin serving his sentence last week.

But prosecutors say that money should be put on hold as they seek to recoup $250,000, which they say represents ill-gotten money from schemes proven up in his two-month fraud trial.

U.S. District Judge Amy St. Eve hasn't yet ruled on what Rezko owes in forfeiture.

Also this week, the judge returned the passport belonging to Rezko's wife, Rita. She had to surrender it when she acted as a third person custodian to her husband while he was free on bond.

0 TrackBacks

Listed below are links to blogs that reference this entry: Rezko money: Feds want to put a hold on funds.

TrackBack URL for this entry:

Leave a comment

Type the characters you see in the picture above.

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 June 12, 2008 8:55 AM.

Rezko to judge: 'I did nothing wrong with Obama or Blagojevich' was the previous entry in this blog.

Rezko: Judge releases hold on 27 properties;keeps some Rezko money is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.