Ex-NY Assembly speaker faces new charges, including over investment
Source: Reuters
US | Thu Apr 23, 2015 7:18pm EDT
Ex-NY Assembly speaker faces new charges, including over investment
NEW YORK | BY NATE RAYMOND
(Reuters) - U.S. prosecutors unveiled new charges against former New York State Assembly Speaker Sheldon Silver on Thursday, accusing him of taking official actions on behalf of an investor who provided access to a high-return, low-risk investment vehicle.
A revised indictment issued by a Manhattan federal grand jury added four new counts to three earlier ones facing the Democratic politician, who was first hit with public corruption charges in January.
Beyond charges of honest services mail and wire fraud and extortion, the indictment says Silver engaged in monetary transactions involving crime proceeds by investing money from the scheme in a private investment vehicle.
Silver previously pleaded not guilty. His lawyers, Joel Cohen and Steven Molo, said in a joint statement that the filing was "an attempt by the government to address defects in the indictment that we raised in our motion to dismiss."
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http://www.reuters.com/article/2015/04/23/us-usa-new-york-silver-idUSKBN0NE2UG20150423