Betty Loren-Maltese to lose home at auction

March 10, 2011 (CICERO, Ill.)

The one-time town president's savings and other houses were seized by the feds when she was convicted of racketeering in 2002.

An auction of her former Cicero home -- valued at about $223,000 -- was postponed during legal proceedings to overturn the conviction.

On Wednesday, a judge ruled to allow the sale.

Loren-Maltese is renting a condo in Evergreen Park, and told The Chicago Tribune everything has been taken from her.

When asked if she had further comment, she said: "Yeah, but you would only have to bleep it out in the paper."

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