Thursday, July 1, 2010

IRS witness: Blago and wife spent $400,000 on clothes

source http://www.chicagobreakingnews.com/2010/07/irs-witness-blago-owed-90000-on-credit-cards.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ChicagoBreakingNews+%28Chicago+Breaking+News%29

Rod Blagojevich's corruption trial has turned to the former governor's expensive taste in clothes.

  • IRS agent Shari Schindler testified that Rod and Patti Blagojevich's financial records show they spent more than $400,000 on clothes during his six years as governor - more than the couple spent on the mortgage for their North Side home. Blagojevich paid $205,706 alone to Oxford, a tailor of custom suits.
  • Schindler also testified that Rod and Patti Blagojevich had more than $90,000 in credit-card debt and were $220,000 in the red on a home-equity loan by August 2008.  Schindler explained charts that showed large flows of money to the Blagojevichs from Antoin "Tony" Rezko around the same time that money siphoned from a state pension deal went to Rezko. Rezko, a key Blagojevich fundraiser, was convicted in 2008 of corrupting state boards.
  • Earlier today, David Kaehl, who is in charge of a state ethics training program, read excerpts to the jury from an ethics pamphlet distributed to state employees. "One of my most urgent goals was to return honor to state government," Blagojevich wrote in the pamphlet. "Never forget, if you break these rules you will pay a price ... You will lose your job and you can go to jail."
Click HERE for continual trial updates.

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