US: Former Assembly Speaker Sheldon Silver found guilty on all corruption charges
Former New York State Assembly Speaker Sheldon Silver has been found guilty on all corruption charges.
A federal jury convicted Silver on Monday of using the power of his office to earn $5 million illegally after a three-week trial.
“Today, Sheldon Silver got justice, and at long last, so did the people of New York,” Manhattan U.S. Attorney Preet Bharara said in a statement.
Silver, 71, was arrested in January after stepping down from his post.
He maintained his innocence saying that he did nothing wrong and his actions were normal for politicians in Albany.
But prosecutors maintained that Silver was guilty of bribery and extortion. They said he secured more than $3 million in referral fees from personal injury claims and made millions more from real estate developers and shady investments.
Full content: The Wall Street Journal
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Appoints Law Firms to Lead Consumer Antitrust Litigation Against Apple
Dec 22, 2024 by
CPI
Epic Health Systems Seeks Dismissal of Antitrust Suit Filed by Particle Health
Dec 22, 2024 by
CPI
Qualcomm Secures Partial Victory in Licensing Dispute with Arm, Jury Splits on Key Issues
Dec 22, 2024 by
CPI
Google Proposes Revised Revenue-Sharing Limits Amid Antitrust Battle
Dec 22, 2024 by
CPI
Japan’s Antitrust Authority Expected to Sanction Google Over Monopoly Practices
Dec 22, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand