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Another Democrat Faces Fraud Charges

Updated, 1:02 p.m. | City Councilman Larry B. Seabrook surrendered to city and federal authorities in Manhattan on Tuesday to face a 13-count indictment accusing him of money laundering, extortion and fraud in a series of schemes that included helping a close associate win a contract to install boilers in the new Yankee Stadium.

The charges also include actions related to Mr. Seabrook’s use of City Council discretionary funds, known as earmarks, to finance a string of nonprofit groups. Prosecutors say Mr. Seabrook, a Bronx Democrat, controlled and used the funds to pay hundreds of thousands of dollars in salary and consulting fees to, among others, his companion and brother and other family members. Mr. Seabrook and others were able to do this, prosecutors contend, by repeatedly inflating expense claims to the city on the part of the nonprofit groups, including rent costs.



Added: Feb-10-2010 Occurred On: Feb-10-2010
By: Songun
Tags: Larry B. Seabrook, crime, fraud, democrat
Location: Manhattan, Montana, United States (load item map)
Views: 7942 | Comments: 14 | Votes: 0 | Favorites: 0 | Shared: 1 | Updates: 0 | Times used in channels: 1
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