AP / May 7, 2009 / State police Lt. Carl Anderson with a fellow investigator escort Drew Peterson into District 5 State Police headquarters in Lockport, Ill.Peterson’s fiancee, Christina Raines, 24: ‘I just don’t believe it’Feb. 13: Drew Peterson, who is suspected in the disappearance of his fourth wife and the death of his third, and his fiancee, Christina Raines, talk about their plans for the future.
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Drew Peterson Charged With Murdering Third Wife, Held on $20M Bond
Thursday, May 07, 2009 / FOX NEWS After pursing Drew Peterson for 1 1/2 years after the disappearance of his fourth wife, Stacy Peterson, authorities in Illinois closed in Thursday, arresting the former Chicago-area police sergeant on two counts of first-degree murder in the drowning death of his third wife.
Peterson — who launched into the national spotlight after Stacy Peterson's suspicious disappearance in October 2007 — is being held on $20 million bond, police and prosecutors said Thursday night at a news conference.
Peterson, 55, hasn't been charged in Stacy Peterson's disappearance. But he now is criminally accused of killing Kathleen Savio, the third wife, who was found at home dead in a dry bathtub on March 1, 2004.
Will County State's Attorney James Glasgow said at the news conference that a judge granted his request for $20 million bond "without question."
"This is an extremely grave and serious matter, and I think that's reflected in the bond," Glasgow said.
An arraignment is scheduled for 1:30 p.m. CDT Friday in Joliet, Ill.
Glasgow said he intends to introduce evidence at trial that would allow Savio "to testify from the grave" through third-party statements uncovered during the investigation.
A recently passed law, spurred by the Savio and Stacy Peterson cases, would allow the statements to be admitted as an exception to hearsay rules if they are proven in a pre-trial hearing to be reliable, probative and relevant, he said.
"We're very confident in our case," Glasgow said.
Police said the arrest and indictment were the result of 18 months of intensive police work that garnered hundreds of leads and produces thousands of pages of investigative reports.
The search continues for Stacy Peterson, police said.
Drew Peterson is being held at the Will County Adult Detention Facility in Joliet, Ill., under supervision of the Will County Sheriff's office. His children were taken by police and transferred to family services.
STUNNING ARREST OF DREW PETERSON... http://www.foxnews.com/story/0,2933,519392,00.html