Ex-NY State Sen. Indicted For Alleged Corruption

Law360, New York (October 19, 2010, 6:10 PM EDT) -- Former New York state Sen. Hiram Monserrate has been indicted for allegedly funneling $300,000 in public money to a nonprofit group that helped with his failed 2006 bid for a state Democratic nomination.

While still a New York City councilor, Monserrate allegedly directed money from a discretionary spending account to a group called Latino Initiative for Better Resources and Empowerment Inc., or LIBRE, according to an indictment unsealed Tuesday in the U.S. District Court for the Southern District of New York.

LIBRE later worked on Monserrate's...
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