To: Kenneth E. Phillipps who wrote (28839 ) 6/4/2008 6:07:44 PM From: TideGlider Respond to of 224751 YES HE HAS! Former Obama fund-raiser found guilty of fraud Wednesday, 4 June 2008 22:37 An old friend and fund-raiser of US Democratic presidential hopeful Barack Obama has been found guilty of fraud for using his political clout to demand kickbacks and win government contracts. Real estate developer Antoin 'Tony' Rezko was also convicted of bribery and money-laundering in the case which has dogged Senator Obama during his quest to secure the party's presidential nomination, even though he is not accused of any wrong-doing. In all, jurors had deliberated for several weeks and found Rezko guilty of 12 counts of fraud, two of aiding and abetting bribery and two of money laundering. AdvertisementHe was cleared on eight other charges in the verdict which came a day after Barack Obama clinched enough delegates to be the Democratic party's presidential nominee to stand in the November elections. Senator Obama subsequently donated all the money raised for his White House bid by Rezko to charity, but prosecutors have said some of the kickbacks ended up in the Illinois Democratic senator's campaign coffers. Mr Obama has also come under fire for a 2005 land deal with Rezko when it was widely known that the developer was under federal scrutiny, something the senator later called a 'boneheaded' move. Prosecutors accused Rezko of using his power and influence to benefit himself and his friends. Rezko, who was the second largest fundraiser and a key advisor to Illinois Governor Rod Blagojevich, was accused of pulling the strings in a corrupt scheme of pay-to-play politics. He used his influence and power to trade state jobs and lucrative contracts for campaign contributions and hundreds of thousands of dollars in kickbacks, prosecutors said. But Rezko's defense team said the government's case rested entirely on the unreliable testimony of a drug-addicted con man, Stuart Levine, who lied to save his own skin when the FBI caught wind of his schemes. Mr Blagojevich, a Democrat, has not been charged with participating in the scheme and denies any wrongdoing. Rezko did not take the stand during the trial which started on 3 March and his defence team did not call any witnesses. rte.ie