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Thursday, May 7, 2009

Drew Peterson Charged With Murdering Third Wife, Held on $20M Bond

Drew Peterson is being held on $20 million bond after being arrested Thursday and charged with two counts of first-degree murder in the drowning death of his third wife.

The arrest is the biggest development yet in the case against the former Chicago-area police sergeant — who launched into the national spotlight after the suspicious disappearance in October 2007 of his fourth wife, Stacy Peterson.

Peterson hasn't been charged in Stacy Peterson's disappearance but now faces charges that he killed Kathleen Savio, his third wife, who was found at home dead in a dry bathtub on March 1, 2004.

Illinois police and prosecutors held a news conference Thursday night about the murder indictment. Will County State's Attorney James Glasgow said he intended to introduce evidence that would allow Savio "to testify from the grave" via third-party statements.

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.

MyFOXChicago.com reported that Peterson was arrested at 5:35 p.m. Thursday after state police surrounded his car at an intersection. Peterson was alone in his car at the time.

“I guess I should have returned those library books,” Peterson said as he was being taken into state police headquarters, the Herald News reported.

State police later searched Peterson's home, MyFOXChicago.com reported.

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