Tax fraud suspected in Obama land deal

The "buffer zone" parcel at the Obama family mansion in Chicago's upscale Kenwood neighborhood purchased by the wife of convicted felon Tony Rezko was transferred to Barack and Michelle Obama without ever being assessed or taxed, in apparent violation of Illinois law, according to a debt-collection expert.

"The Cook County Assessor's Office told me that there is no record of any tax assessment having been done on this transfer of the buffer zone property into a Northern Trust Co. Deed in Trust," Albert Hendershot told WND.

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