Rezko's Investigation: Where Are the Feds Going?

CBS TV Chicago reports:

while Tony Rezko plays "Let's make a deal," the Feds appear ready to serve Governor Blagojevich and his wife a holiday surprise. Rezko, who helped Gov. Blagojevich shatter every political fundraising record in Illinois, may soon become a government informant. Federal agents believe they have gathered enough evidence to indict the governor. Three separate teams of IRS agents are now working furiously to wrap up the case.

CBS 2 Political Editor Mike Flannery reports that Blagojevich publicly acknowledges the investigation that is targeting him. He still insists he has done nothing wrong.

Several sources tell Truth in Politics that federal agents are preparing charges of tax fraud, conspiracy and obstruction of justice against the governor. The case against the governor reportedly focuses on allegations first made five years ago by his father-in-law Ald. Dick Mell involving alleged trading of jobs for five-figure campaign donations.

Sources claim newly issued subpoenas show First Lady Patti Blagojevich is also under scrutiny. She took nearly $200,000 in real estate commissions – some on deals done with the convicted Tony Rezko. They allegedly coincided with the award of state contracts by her husband's administration.

A source says the Feds want Rezko to testify about deals he did with both Blagojevichs - and the authorities are pressuring him.

"It's pretty solitary. He doesn't get out. There's no cell mate. There's no ability to walk around the cell block," said William Ziegelmueller, Rezko's defense attorney.

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