Sentences with phrase «legitimate income»

Prosecutors allege he used his position to take more than $ 6 million in bribes and kickbacks, which he masked as legitimate income earned as a lawyer over 15 years.

Longtime state Assembly Speaker Sheldon Silver was arrested Thursday for taking «millions of dollars in bribes and kickbacks» that he masked as legitimate income from practicing law and tried to block corruption investigators from uncovering, federal prosecutors said.

The perennial question of how some people practice law while they make laws arises anew as U.S. Attorney Preet Bharara's high - octane criminal complaint against Silver alleging «millions of dollars in bribes and kickbacks masked as legitimate income earned as a private lawyer.»

The Assembly is set to elect a new speaker on Feb. 10, following Silver's arrest last week for allegedly pocketing millions of dollars in bribes and kickbacks that he tried to pass off as legitimate income for legal work, according to prosecutors.

Assemblyman Gary Finch, R - Springport: No «I just don't believe that a successful college professor or dedicated small business owner is somehow less likely to succumb to the temptation of monetizing their office if they are banned from earning perfectly legitimate income when they aren't in Albany.

«In fact, this profit statement reflects legitimate income from activities conducted before 2015, primarily a parting bonus for past work from the Ringier Collection in the amount of 1 million Swiss Francs.»

Mr. Silver was accused of disguising millions in bribes and kickbacks as legitimate income from law firms for whom he did no work.

Mr. Flanagan also seemed cognizant of the troubles that have embroiled other leaders in Albany involving outside income, including Sheldon Silver, a Manhattan Democrat who stepped down as Assembly speaker after his arrest in January; Mr. Silver faces federal charges of taking illegal payments disguised as legitimate income from practicing law.

According to the complaint, Silver «used the power and influence of his official positon to obtain for himself millions of dollars masked as legitimate income earned by SILVER as a private lawyer.»

However, this state neglect turned illicit activities into a legitimate income source and attracted many entrepreneurs of violence.

In a five - count complaint that stretches back more than a decade, federal prosecutors on Thursday alleged that Assembly Speaker Sheldon Silver accepted millions of dollars in kickbacks and bribes «masked as legitimate income.»

«Silver used the power and influence of his official position to obtain for himself millions of dollars in bribes and kickbacks masked as legitimate income earned by Silver as a private lawyer, and in connection therewith and in furtherance thereof, Silver transmitted and caused to be transmitted interstate electronic mail, telephone calls and wire transfers of funds,» the indictment reads.

Silver is also accused of «using the power and influence of his official position to obtain for himself millions of dollars of bribes and kickbacks masked as legitimate income.»

Silver had used his power as speaker to secure bribes and kickbacks from outside real estate and law firms, money that he marked as legitimate income, prosecutors said.

He is accused of using his position as one of the state's most powerful politicians to obtain millions of dollars in bribes and kickbacks masked as legitimate income.

New York Assembly Speaker Sheldon Silver was arrested Thursday on public corruption charges and accused of using his position as one of the most powerful men in Albany to obtain millions of dollars in bribes and kickbacks masked as legitimate income.

After Andrew Cuomo unceremoniously shuttered the Commission, the subpoenas were withdrawn — until U.S. Attorney for the Southern District of New York Preet Bharara's office incorporated the work into its own investigation, resulting in charges of «using the power and influence of his official position to obtain for himself millions of dollars of bribes and kickbacks masked as legitimate income.»

The once - powerful Democrat was indicted two weeks ago on charges that he received $ 4 million in kickbacks from law firms for doing political favors since 2002, disguising the income as legitimate income.

In this regard, he enjoined the citizenry to desist from promoting and tolerating corruption through their action of encouraging corrupt officials to live above their legitimate means by making requests of them that they can not meet within their legitimate income as public officials.

Silver, 70, was arrested and is accused of using his position to obtain millions of dollars in bribes and kickbacks masked as legitimate income.

The 71 - year - old Silver had been arrested and charged with collecting millions in kickbacks and disguising it as legitimate income.

New York State Assembly Speaker Sheldon Silver, 70, was arrested on public corruption charges and accused of using his position to obtain millions of dollars in bribes and kickbacks masked as legitimate income.

Former New York Assembly Speaker Sheldon Silver was arrested last month on public corruption charges and is accused of using his position to obtain millions of dollars in bribes and kickbacks masked as legitimate income.

The 70 - year - old Silver was arrested last week and charged with collecting millions in kickbacks and disguising it as legitimate income.

The mayor said he has not spoken to Silver or Governor Andrew Cuomo since Thursday, when U.S. Attorney Preet Bharara announced a five - count complaint that stretches back more than a decade, alleging that Silver accepted millions of dollars in kickbacks and bribes «masked as legitimate income.»

The 35 - page criminal complaint alleges that Silver, a lawyer, used «the power and influence of his official position to obtain for himself millions of dollars of bribes and kickbacks masked as legitimate income.»

Silver was arrested Thursday and accused of receiving a total of $ 6 million in bribes and kickbacks from two law firms masked as legitimate income, prosecutors said.

Silver was arrested on Jan. 22 for accepting nearly $ 4 million in bribes for over a decade and masking it as legitimate income from practicing law at personal injury firm Weitz & Luxenberg, federal prosecutors said.

Silver was arrested Jan. 22 after a 35 - page complaint accused him of being involved in a scheme that used his powers as an elected official to elicit millions «in bribes and kickbacks» that he masked as legitimate income.

NEW YORK CITY — Outgoing Assembly Speaker Sheldon Silver is taking a leave of absence from the personal injury law firm whose payments federal prosecutors say he used to mask kickbacks and bribes as legitimate income.

The Justice Department alleged that the speaker disguised the spoils of the arrangements as legitimate income from legal work, and sank them into investments in Albany - run projects upstate.

The investigator further explained that the companies mentioned in the application were not into «any legitimate income - yielding business venture» but were rather incorporated at the Corporate Affairs Commission for the purpose of warehousing proceeds of unlawful activities for the former First Lady.

While some expected the governor to set the date after holding his joint State of the State address / budget presentation two weeks ago, the following day Assembly Speaker Sheldon Silver was arrested for allegedly taking millions in kickbacks and disguising it as legitimate income.

Dean Skelos» arrest marks the second major indictment of a leader of a legislative body following the case against Silver in January for using his powers as an elected official to elicit millions «in bribes and kickbacks» that he masked as legitimate income.

Prosecutors said he had collected nearly $ 4 million in bribes and kickbacks since 2002 and disguised the proceeds as legitimate income.

Silver, who has been speaker for 21 years, faces five federal charges including conspiracy and bribery and is accused of using his position to obtain millions of dollars in kickbacks masked as legitimate income from two law firms.

He faces five federal charges including conspiracy and bribery and is accused of using his position to obtain millions of dollars in kickbacks masked as legitimate income from two law firms.

A 35 - page criminal complaint filed by Manhattan U.S. Attorney Preet Bharara's office lays out his alleged scheme where Silver «used the power and influence of his official position to obtain for himself millions of dollars in bribes and kickbacks masked as legitimate income earned by Silver as a private lawyer.»

The indictment from U.S. Attorney for the Southern District Preet Bharara alleged, «Silver used the power and influence of his official position to obtain for himself millions of dollars in bribes and kickbacks masked as legitimate income earned by Silver as a private lawyer.»

He is accused of using his position to obtain millions of dollars in bribes and kickbacks masked as legitimate income.

«From at least in or about 2000 up to and including in or about January 2015, Sheldon Silver, the defendant, engaged in a secret and corrupt scheme to deprive the citizens of the state of his honest services as an elected legislator and as speaker of the Assembly by using the power and influence of his official position to obtain for himself millions of dollars in bribes and kickbacks masked as legitimate income earned by Silver as a private lawyer,» states the indictment.

The federal complaint against Silver accuses him of mail fraud and the federal crime of theft of honest services, saying he engaged in a scheme since 2000 to use the power and influence of his official position to obtain for himself over $ 6 million, including $ 700,000 in bribes and kickbacks masked as legitimate income he earned as a private lawyer.

Mr. Schneiderman's call comes after the state's former Assembly Speaker Sheldon Silver was arrested on charges of fraud and extortion by U.S. Attorney Preet Bharara, who alleged that the longtime power broker had used his influence to inappropriately earn attorney referral fees for work he had not done, disguising what amounted as «kickbacks» and «bribes» as legitimate income.

Mr. Silver was arrested last week after U.S. Attorney Preet Bharara charged him with of disguising millions in bribes and kickbacks as legitimate income from law firms for whom he did no work.

Mr. Silver was hit with criminal charges last week alleging he disguised millions of dollars of bribes as legitimate income.

Mr. Silver, who is charged with obtaining illicit payments disguised as legitimate income from working as a lawyer, maintains his innocence and is scheduled to go on trial in November.

Mr. Bharara gave a speech and took questions at the breakfast a day after he rolled out a bombshell 5 - count criminal complaint against powerful Democratic Assembly Speaker Sheldon Silver, accusing the lawmaker of disguising millions in bribes and kickbacks as legitimate income from law firms for whom he did no work.

His taste for the good life, however, and zeal for creating his own idealized surroundings eventually outstripped his legitimate income.