NY State Sen., Son Plead Not Guilty To Embezzlement

Law360, New York (December 15, 2010, 4:22 PM EST) -- Outgoing New York state Sen. Pedro Espada Jr. and his son are free on bond after pleading not guilty Wednesday to charges of siphoning $500,000 from their nonprofit health care network to pay for show tickets, cars and other luxuries.

The defendants paid bonds of $750,000 each to be released after a hearing in the U.S. District Court for the Eastern District of New York, a day after federal and state prosecutors indicted the pair for allegedly using the Comprehensive Community Development Corp., a network of...
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