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U.S. Sen. Bob Menendez of New Jersey and his wife Nadine have been indicted in New York on federal bribery charges related to an allegedly corrupt relationship with three businessmen, according to CNBC.
The U.S. Attorney’s Office in Manhattan has scheduled a press conference for 11 a.m. ET Friday to discuss the indictment.
This earlier this week from NBC:
“Federal prosecutors are looking into whether an admitted felon helped arrange to give gold bars worth hundreds of thousands of dollars to New Jersey Sen. Robert Menendez or his wife in exchange for help, sources familiar with the matter tell News 4.
“Investigators want to know if Menendez, a Democrat, offered to contact the Justice Department to try to help that man who was accused of banking crimes. Those questions are now before a federal grand jury in Manhattan that is considering whether to hand up corruption charges against the senior senator from New Jersey.
“Sources say witnesses are now testifying before that federal grand jury. Part of the investigation centers on the senator’s ties to Fred Daibes, a New Jersey developer and one-time bank chairman. Officials with the FBI and IRS Criminal Investigation want to know if Daibes or his associates gave gold bars to the senator’s wife, Nadine Arslanian — gold bars worth as much as $400,000.”
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