ferragamo belt small, Salvatore Ferragamo Elba Sandals – Blu Stone
January 17, 2016
NYC Correction Officers’ Union Head Arrested In Corruption ferragamo belt small Probe
Correction officers’ union chief Norman Seabrook was busted by the feds Wednesday on corruption costs for allegedly selling himself for a “Ferragamo bag full of money,” authorities said.
Seabrook, president of the Correction Officers’ Benevolent Affiliation, was arrested by the FBI at his Bronx home and accused of receiving $60,000 in kickbacks stuffed contained in the $820 bag, in response to federal officials.
“For a Ferragamo bag full of money, Norman Seabrook allegedly bought himself,” Manhattan US Attorney Preet Bharara said at a press convention announcing the bust in connection with a sweeping corruption probe of City Hall and the NYPD.
Also arrested was former Platinum Partners hedge-fund honcho Murray Huberfeld. They’re charged with sincere companies wire fraud.
“It’s a quite simple-and-easy quid pro quo. The quid being the $60,000. In return for that kickback there was a quo: Norman Seabrook using his power as head of the union” to direct cash to the fund beforehand run by Huberfeld, Bharara stated.
Seabrook was anticipated to earn between $100,000 to $one hundred fifty,000 in kickbacks, in line with the federal complaint.
Bharara said it was the primary time Platinum Companions had obtained union pension money.
“Just as high-web-worth traders were getting out of the fund, Seabrook was getting in with union retirement cash,” he mentioned.
Seabrook made selections “based not on what was good for his union members, but based on what was good for Norman Seabrook,” he added.
In a search of Seabrook’s dwelling, FBI brokers discovered a bag that matched the outline from the Ferragamo receipt, he stated. Additionally they found 10 pairs of Ferragamo sneakers.
A corrections officer who dropped by to take a look at the scene had harsh phrases for the busted union boss.
“He’s filled with s—. All of us expected this type of factor from him. He can’t be trusted,” the officer informed The Post, declining to be recognized however exhibiting his credentials.
Mayor de Blasio mentioned Seabrook could be suspended.
“If proven true, it’s disgusting and it’s very, very sad. It means he stole cash from his personal workers,” Hizzoner stated.
Between November 2013 and 2015, Seabrook received kickbacks for steering more than $20 million in wire transfers from the union’s pension fund to Platinum Companions, based on the complaint..
Round December 2013, Huberfeld confirmed to a 3rd social gathering that Platinum was keen to make “substantial payments” to Seabrook in change for COBA’s funding into the corporate, in keeping with the complaint.
The third social gathering – known as a cooperating witness however unnamed in the complaint — is Jona Rechnitz, a donor to de Blasio who’s at the middle of a sweeping corruption probe, sources told The Post.
Rechnitz, who launched Seabrook to Huberfled, has pleaded guilty to conspiracy, according to the complaint.
Huberfeld advised Rechnitz that if COBA invested with Platinum, the company would get, as part of its compensation, 20 p.c of the revenue on the union’s funding – and that Platinum would comply with pay the union boss 10 percent of its 20 p.c share, the feds say.
When the middleman introduced the offer to Seabrook, the union chief requested: “How a lot is Norman Seabrook going to receives a commission ”
After consulting with Huberfeld, Rechnitz informed Seabrook that the quantity could possibly be between $one hundred,000 and $one hundred fifty,000 a year, the ferragamo belt small complaint says.
Before meeting Seabrook on Dec. 11, 2014, Rechnitz went to Salvatore Ferragamo – Seabrook’s favorite luxurious-goods store – and purchased him the expensive bag, which he crammed with $60,000.
The kickback was disguised and invoiced as being for tickets to “8 Knicks Games @ 7500 per game” for 2 seats, in line with the complaint, which famous that the team’s document was a dismal 4-20 that yr.
Seabrook was apparently unimpressed, however, complaining angrily that the money was not as a lot as he had been promised, the feds say.
Former NYPD Chief of Department Philip Banks and several other high-rating cops attended the journey, sources have said. Banks resigned from the force in 2014.
The FBI is investigating whether the 2 businessmen provided free vacations and different freebies to Seabrook and Banks.
De Blasio mentioned he has not spoken to Seabrook in “several months.”
“We have too much we’ve been attempting to vary on Rikers Island. Generally he was willing to work with us, generally he wasn’t,” he mentioned. “But the reform on Rikers Island will continue aggressively, I wish to make that very clear. We are adamant about altering the culture of Rikers Island.”
The mayor sought to separate the case towards Seabrook from the scandal enveloping the city authorities.
“Although investigations continue, I believe that the vast majority of the problems have been identified and clearly within the context of the police division they’re being acted on very aggressively,” he mentioned. “What he did concerned his own union, his own pension fund, which is separate from town government obviously.”
Gov. Andrew Cuomo mentioned he was troubled by the “drip, drip, drip of alleged scandals.”
“Now all of this comes together. Individuals are alienated. People are sad with government. Individuals are dissatisfied with politicians,” Cuomo mentioned.