Benzinga – Sen. Bob Menendez (D-N.J.), who once denounced as an “ideal choice for criminals,” was found guilty of accepting bribes in gold and fiat currency during his corruption trial.
What Happened: In a press release shared by the Department of Justice Tuesday, Attorney Damian Williams remarked, “This case has always been about shocking levels of corruption. Hundreds of thousands of dollars of bribes, including gold, cash, and a Mercedes-Benz. This wasn’t politics as usual; this was politics for profit.”
A Reuters report revealed that Menendez has pleaded not guilty to the charges and would appeal in a higher court.
The case pertains to allegations of Menendez and his wife, Nadine Menendez, accepting hundreds of dollars from wealthy businessmen in exchange for favors ranging from diluting criminal investigations to protecting their commercial monopoly.
Why It Matters: Interestingly, the influential Senator, who chaired…
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