Page 194 - Edgewater News Today

(Bloomberg) -- US Senator Robert Menendez from New Jersey was indicted in a sweeping corruption probe alleging that the Democrat and his wife protected three businessmen who showered them with gifts of gold bars, hundreds of thousands in cash, mortgage payments and a Mercedes convertible. Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid Tensi...

The indictment comes after prosecutors were said to be looking into whether a businessman who faced more than a dozen counts of bank fraud gave hundreds of...

Democratic U.S. Sen. Bob Menendez of New Jersey has been indicted, accused of using his foreign affairs influence to help Egypt in return for bribes from the authoritarian regime.

The new charges follow a yearslong investigation. Between April and June of 2022, the couple cashed out at least part of their precious metal holdings, forms show, selling between $200,000 and $400,000 worth of gold bars, while keeping at least $250,000 worth of them.

Senator Robert Menendez and four others were charged after a lengthy investigation led by federal prosecutors in Manhattan.

Menendez faces re-election next year in a bid to extend his three-decade career in Washington.

Federal prosecutors on Friday announced the charges against the 69-year-old Democrat nearly six years after an earlier criminal case against him ended with a deadlocked jury.

NEW YORK (AP) — Sen. Bob Menendez was charged Friday with secretly aiding the authoritarian government of Egypt and trying to thwart the criminal prosecution of a friend in exchange for gold bars and cash, as prosecutors unsealed a corruption indictment that accuses him of using his foreign affairs influence for personal gain. The indictment, […]

Democratic U.S. Sen. Bob Menendez of New Jersey says he's been falsely accused of accepting bribes but won't be “distracted” from Senate work. Menendez was charged with his wife on Friday. A lawyer for her says she'll ”vigorously contest these charges in court.” Prosecutors say a search of the couple’s home found $100,000 in gold bars and $480,000 in hidden cash. Menendez will have to step down as chairman of the Senate Foreign Relations Committee now...

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