Another Democrat Arrested on Federal Corruption Charges

new york

Sheldon Silver, the longtime Democratic speaker of the New York State Assembly, was arrested by federal authorities on Thursday on charges of taking nearly $4 million in payoffs and kickbacks.

The charges stemmed from Silver’s failure to disclose substantial payments he was receiving from a firm that specializes in getting reductions to New York City real estate taxes, according to the New York Times.

The investigation of Mr. Silver began after Gov. Andrew M. Cuomo in March abruptly shut down an anti-corruption commission he had created in 2013.

 

The federal inquiry, led by the United States Attorney for the Southern District, focused on payments that Mr. Silver received from a small law firm that specializes in seeking reductions of New York City real estate taxes.

Silver turned himself in to FBI agents Thursday morning as a result of a federal investigation into payments the lawmaker received from a small law firm in New York.

Silver failed to mention the payments, which centered on real estate tax reductions, on his annual financial disclosure filings with the state of New York.

According to court documents outlining the charges, Silver has been accused of “using the power and influence of his official position to obtain for himself millions of dollars of bribes and kickbacks masked as legitimate income.”

What are your thoughts? Comment below.

  Share: