70 NYCHA workers convicted after corruption sweep
Nearly two years after the largest single-day federal bribery takedown in the Justice Department’s history, federal prosecutors secured a perfect record on convictions. All 70 New York City Housing Authority employees swept up in a corruption sweep were convicted, Gothamist reported. Charges ranged from bribery to fraud and extortion. A vast majority of those charged pleaded guilty to felonies, though 11 pleaded guilty to misdemeanors. Only three took it to trial, all resulting in convictions. All told, the numerous defendants accepted more than $2.1 million in bribes combined, according to federal prosecutors. In exchange for the payouts, the defendants steered […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Deals, debt and Epstein’s ties to the industry
The Daily Dirt: A tax exemption for rent-stabilized
portfolios hasn’t been so helpful
Maimonides Medical Center sells for $151.9 million.
We Buy Houses Bowie, MD: Top 5 Companies
What Does It Mean When the Appraisal Comes in Higher Than
Your Offer?
How to Pack for a Move In a Month: Your Room-by-Room
Plan
How to Pack for a Move In a Hurry: A Fast Track to
Success
Rent Spikes are a Thing of the Past—But Investors Can Look
Forward to a Stable Multifamily Market Instead
Why Investors Are Feeling Increasingly Positive About the
Multifamily Market
A New Fed Chairman is Coming Soon—Here’s What Their
Potential Low-Rate Policy Will Mean For Investors
