Editor, NYC Rubber Room Reporter
Editor, New York Court Corruption
Editor, National Public Voice
|Correction Officers' Benevolent Association President Norman Seabrook was |
arrested by the FBI on Wednesday morning.
The two are charged with one count of honest services wire fraud and one count of conspiracy
U.S. Attorney Preet Bharara is expected to discuss the arrests at a news conference.
The investigation predates the ongoing corruption probes in the New York City Police Department and the city government.
However, one of the Brooklyn businessmen at the central of the investigation, Jona Rechnitz, is believed to have referred Seabrook to Huberfeld.
Seabrook's invested $10 million from the union pension fund through Huberfeld and his Platinum Investment Fund.
Huberfeld is then alleged to have kicked back some of the money to the union president.
Federal investigators have been looking into Seabrook's relationship with Huberfeld for at least
Huberfeld has prior arrests, including a 1993 fraud conviction. He also had to settle a separate