Senator Barack Obama Dem-IL bought a $1.65 million house last November. On the same day an adjoining vacant lot was purchased for $625,000. In January the Obamas paid $104,500 for a portion of that lot.
The problem is the lot was owned by Antoin "Tony" Rezko. Rezko donated to Obama's Senate races and federal fund, but what he's most famous for is when he pleaded not guilty to charges of squeezing investment firms who wanted to do state business for millions. He is also is charged with fraudulent loans and swindling investors. Tony is well-connected in Chicago politics. In particular, to Dem. Gov. Blagojevich. Rezko "has extensive ties in the Middle East, according to the Chicago Tribune. He has since filed for bankruptcy, a claim that few believe.
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