January 22, 2015 •
Speaker of NY Assembly Sheldon Silver Arrested on Federal Corruption Charges
Assemblyman Sheldon Silver, speaker of the New York State Assembly, was arrested on federal corruption charges. He is accused of taking millions of dollars in bribes. Mr. Silver, a Democrat, has served as speaker for more than 20 years.
According to the New York Times, the corruption charges stem from accusations of using his position to obtain corrupt payments misrepresented as referral fees from a law firm; funneling state research funds and other benefits to a doctor who in return referred asbestos claims to the law firm where the speaker worked; and secretly helping real estate developers win tax breaks.
In New York, state legislators who are charged with crimes can continue to serve unless and until convicted of a felony, at which point the legislator must leave office.
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