The sweeping bribery case brought against U.S. Sen. Bob Menendez includes allegations that he took cash and gold in exchange for interfering in a criminal case against a New Jersey real estate developer.
The indictment unsealed Friday by the U.S. attorney in Manhattan said Daibes paid bribes, including envelopes stuffed with thousands of dollars in cash and gold bars worth more than $120,000.
In his home base of Edgewater, New Jersey, just up the river from Union City, where Menendez was once mayor, Daibes iswith building out a “gold coast” of luxury high rises along the formerly industrial waterfront. “This report is a cautionary tale concerning the inherent dangers of enabling an influential, politically-connected and unelected private citizen to hold outsized power in government concerns,” the commission wrote.
In 2018, Daibes was charged by federal prosecutors in Newark with obtaining loans under false pretenses from a bank that he owned. The charges were serious, carrying the potential for years in prison. Menendez also asked one of his political advisors to let Sellinger know he was upset with the way the Daibes case was being handled, according to the indictment.
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