Saturday, July 18, 2009

barry pal Rezko’s mansion to be auctioned

July 16, 2009

Tony Rezko, barry’s convicted felon friend and campaign fundraiser (and soon to be blago snitch) defaulted on his $5.9M 8,400 square foot Wilmette mansion (1250 Chestnut) back in May. Now it’s set to go up for auction on Aug 10.

(AL PODGORSKI/Sun-Times)

Timeline
  • September 2003: took out initial loan
  • September 2006: stopped paying mortgage
  • October 11, 2006: Indicted
  • January 28, 2008: Bail revoked
  • March 3, 2008: Trial began
  • June 4, 2008: Convicted 16/24 counts
  • May 2009: Defaulted – Bank of America gets foreclosure judgment
  • August 10, 2009: House to be auctioned

Source: Chicago Sun-Times’ MAUDLYNE IHEJIRIKA

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