Democrat Senator Under Investigation for Allegedly Accepting Over $400,000 in Bribes

by J Pelkey
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Democrat Senator Bob Menendez is currently under investigation for allegedly accepting $400,000 worth of gold bars from a corrupt bank executive.

Menendez has a history of corruption, dating back to 2017.

Earlier this year, Menendez faced a corruption probe after he and his wife were accused of accepting inappropriate gifts from a New Jersey business connected to Egypt.

In 2017, Senator Menendez also faced criminal corruption charges but the jurors in that trial were unable to come to a verdict.

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Menendez is up for re-election in 2024.

NBC New York reported:

Federal prosecutors are looking into whether an admitted felon helped arrange to give gold bars worth hundreds of thousands of dollars to New Jersey Sen. Robert Menendez or his wife in exchange for help, sources familiar with the matter tell News 4.

Investigators want to know if Menendez, a Democrat, offered to contact the Justice Department to try to help that man who was accused of banking crimes. Those questions are now before a federal grand jury in Manhattan that is considering whether to hand up corruption charges against the senior senator from New Jersey.

Sources say witnesses are now testifying before that federal grand jury. Part of the investigation centers on the senator’s ties to Fred Daibes, a New Jersey developer and one-time bank chairman. Officials with the FBI and IRS Criminal Investigation want to know if Daibes or his associates gave gold bars to the senator’s wife, Nadine Arslanian — gold bars worth as much as $400,000.

At the time of the gift handoff, Daibes was facing federal bank fraud charges that could have landed him up to a decade in federal prison.

Sources familiar with the matter say federal prosecutors have been asking if Menendez offered to help support Daibes with his criminal case by contacting Justice Department officials about the case. If the senator did offer to act in exchange for expensive gifts, legal experts say that could be a crime.

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