Ok Bessie, deconstruct this,
A onetime Tony Rezko business partner, who once was a Chicago cop and chief executive of a company that won a $50 million security contract in Iraq, has pleaded guilty to federal charges in Chicago after he cooperated with authorities.That lobbying from Washington to Baghdad ought to be an interesting story.
Daniel T. Frawley pleaded guilty on Feb. 14 to bank fraud and structuring transactions — a plea that came about two weeks after his charges were made public.
The Chicago Sun-Times has learned that Frawley won a deal that will mean a significant cut in his potential sentence because he provided information to authorities regarding Rezko, who was convicted in 2008 and is awaiting sentencing. The cooperation began quietly years ago, the Sun-Times has learned.
Frawley once ran a company called Companion Security with Rezko, a onetime adviser to former Gov. Rod Blagojevich.
The Sun-Times has previously reported that Iraq’s Ministry of Electricity gave a $50 million contract to Companion Security in 2005 to train Iraqi security guards.
That deal soon fizzled after a regime change, leading Companion to lobby officials — unsuccessfully — from Washington to Baghdad in hopes of reviving the deal.