* Tina Sfondeles, Jon Seidel and Robert Herguth about two weeks ago…
[Federal agents’ seized a whopping $60,000 in cash from [Oakbrook Terrace Mayor Tony Ragucci’s] west suburban home late last year, the [federal] document shows, though it does not indicate whether he’s being eyed as part of the same political corruption investigation that’s been rocking local governments.
Ragucci couldn’t be reached for comment on Thursday, but in November he was asked by the Chicago Sun-Times whether he or his community has drawn scrutiny from federal agents because of the town’s use of the company SafeSpeed to operate red-light cameras.
SafeSpeed is a focus of the ongoing federal investigation, with agents looking into whether company representatives landed deals through payoffs. The company was the subject of a 2017 Chicago Tribune story about the controversial push to install SafeSpeed cameras in the town, and the questionable efforts of then-state Sen. Martin Sandoval to go to bat for the firm.
“That was all done legit,” Ragucci told the Sun-Times of the SafeSpeed contract. “We did everything legit and clean here.”
* Tribune today…
Oakbrook Terrace Mayor Tony Ragucci recently paid $30,000 from his campaign fund to a lawyer representing him amid an ongoing federal corruption probe, according to campaign finance records and sources. […]
On Tuesday evening, Ragucci was a no-show at the monthly City Council meeting that he typically presides over. A clerk told a Tribune reporter that the mayor had been at City Hall earlier in the day but was not feeling well. […]
There are indications, however, that Ragucci is not planning on running again. Earlier this month, he filed an amendment changing his campaign committee’s status from a candidate-supporting fund to an “independent expenditure committee,” according to state election records.
The amended committee now states its purpose as simply to “Promote Good Government,” according to the filing.
Um, there are no limits on campaign contribution made to independent expenditure committees. Looks like he might be preparing an uncapped legal defense fund.