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Democrat Sheldon Silver NY Assembly Speaker charged in corruption scheme

Sheldon Silver, Speaker of the New York assembly has been charged in a corruption scheme. Democrat Sheldon Silver ‘alllegedly’ used his power as New York Assembly Spekaer to amass a tremendous personal fortune. Yep, Democrat Sheldon Silver sounds like a typical politician to me.

New York State Assembly Speaker Sheldon Silver was accused Thursday of using his political power to amass a “tremendous personal fortune” through kickbacks from real-estate developers and referrals to a personal-injury law firm.

Manhattan U.S. Attorney Preet Bharara issued a sweeping condemnation of Mr. Silver, a Manhattan Democrat and one of the most powerful people in the state, just hours after the speaker surrendered to the Federal Bureau of Investigation to face corruption charges following a long-term investigation.

Mr. Bharara said a judge had granted warrants for eight bank accounts belonging to Mr. Silver containing nearly $4 million.

Of course Democrat Sheldon Silver denies any wrongdoing.

Democrat Sheldon Silver NY Assembly Speaker charged in corruption scheme
Democrat Sheldon Silver NY Assembly Speaker charged in corruption scheme

He said Mr. Silver directed $500,000 in state funds to help a New York doctor continue his research, as the physician made asbestos personal-injury referrals to Weitz & Luxenberg, a firm where the speaker is employed as “of counsel.” Mr. Silver received more than $3 million from Weitz & Luxenberg for those referrals, Mr. Bharara said.