A Mayor de Blasio donor under federal investigation for lavishing cops with gifts also helped pry taxpayer money from the City Council for a police training program he supported.
The Manhattan hedge fund embroiled in a corruption scandal involving the New York City correction officers’ union is shutting down its main fund and returning money to investors.
More people will be arrested as a result of the wide-ranging federal probe into police corruption, an NYPD official said Friday — two days after the city correction-union boss was busted as part of the investigation.
Federal agents arrested a major Orthodox philanthropist on fraud charges Wednesday morning in connection with a sprawling corruption investigation now shaking political circles and the Orthodox community in New York City.
Jona Rechnitz, a donor to Mayor Bill de Blasio who is at the center of a sweeping corruption probe, is the cooperating witness mentioned in a federal bribery case against corrections union chief Norman Seabrook, sources said.
BRONX, New York – Norman Seabrook and hedge fund financier Murray Huberfeld were arrested Wednesday morning in connection with a federal investigation.
NEW YORK – A businessman at the center of a federal corruption probe involving New York police officers and Mayor Bill de Blasio’s fundraising helped arrange an investment by the correction officers’ union in a hedge fund, a person familiar with the matter said on Thursday.
He was once a rising star in the NYPD and a finalist to be Mayor de Blasio’s police commissioner.