Nov 22, 2011 2 Comments ›› Pat Dollard
(Politico) — Tony Rezko, former fundraiser and friend of President Barack Obama and Gov. Rod Blagojevish, was sentenced to ten and a half years in prison Tuesday for corruption.
Rezko, 56, has already served about 44 months of the 126 month sentence on his 2008 conviction for corruption — including fraud, money laundering and attempting to get $7 million in kickbacks from companies seeking to win deals during Blagojevich’s time as governor — the Chicago Sun-Times reported.
U.S. District Judge Amy St. Eve said Rezko’s actions during Blagojevich’s term were “selfish and corrupt.” She called his attempts to arrange kickbacks with a board member of the Teachers’ Retirement System particularly reprehensible, telling him in court, “You put their retirements at risk for your own greed and your own thirst for power,” the Sun-Times reported.
Before he was sentenced, Rezko apologized and told the court that “there are no words to describe the pain and regret” he feels and for what he put his family through.
Rezko raised money for Obama when he ran for Illinois senator, but not during his presidential campaign, the AP noted.