Former NY Sen. Monserrate Cops To Corruption Charges

Law360, New York (May 4, 2012, 6:11 PM EDT) -- Former New York state Sen. Hiram Monserrate pled guilty Friday to using $109,000 of public money earmarked for community programs to help fund his failed 2006 bid for a Democratic nomination to the state legislature.

Monserrate, 44, admitted in New York federal court that he asked the city to allocate discretionary funds during his time as a city councilman in 2005 and 2006 to a group called Latino Initiative for Better Resources and Empowerment Inc. He used those funds to benefit his campaign and concealed that...
To view the full article, register now.



Case Information

Case Title

Related  Case: 

Case Number



New York Southern

Nature of Suit

Date Filed

October 18, 2010

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.