Posted Jan. 29, 2008 – It doesn’t look like an embattled Illinois real estate developer with ties to Sen. Barack Obama – arrested on charges of extortion and money laundering – will be back on the street any time soon.
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Antoin “Tony” Rezko, the businessman whose name Sen. Hillary Clinton invoked during her heated exchange with Sen. Barack Obama last week, had his $2 million bond revoked after the judge learned that the defendant wasn’t as broke as he had testified; he received $3.5 million from a Lebanon company, which the judge said made him a flight risk.
He was arrested at his home near Chicago on Monday, and the judge ordered him into custody.
A longtime fundraiser for Gov. Rod Blagojevich and Obama, Rezko slung at Obama during the last Democratic debate when Clinton accused her rival of being involved Rezco’s "slum lord business."
Obama has said he was completely unaware of the problems associated with Rezko (pictured above), and several news reports have characterized Clinton’s characterization of their relationship as unfair.
Neither Obama nor Blagojevich have been accused of any wrongdoing concerning their acceptance of Rezko contributions.