Witness Says Blagojevich Fundraiser Struck Shady Deal

Law360, Chicago (October 11, 2011, 8:20 PM EDT) -- An ex-lawyer for the Illinois teachers pension fund told jurors Tuesday that a fund trustee informed him in 2003 that political fundraiser William Cellini had helped strike a deal to use sham fees tied to fund investments to reward contributors to former Illinois Gov. Rod Blagojevich's campaign.

Steven Loren — who was outside counsel to the Teachers' Retirement System of the State of Illinois before being indicted in 2005 on a tax interference charge — testified at Cellini's trial that TRS trustee Stuart Levine had named...
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