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Frank Carone, Longtime Eric Adams Associate, Is Arrested in Bribery Scheme
The New York Times • • nation
Key Points:
- Frank V. Carone, former chief of staff to ex-New York Mayor Eric Adams, was arrested on federal bribery and money laundering charges related to steering a $6.8 million emergency shelter contract to developer Yan Po Zhu in exchange for $120,000 in bribes.
- Prosecutors allege Carone used his influence to secure the contract for Zhu’s Microtel Inn by Wyndham in Long Island City after city officials initially rejected Zhu’s efforts.
- The indictment claims Carone received bribes through a law firm bank account controlled by his brother, Anthony C. Carone, who also faces charges including obstruction of justice, fraud, and tax crimes.
- Anthony Carone is accused of using the bribe money for personal credit card payments and transferring funds to Frank Carone’s bank accounts; Zhu’s business manager, Crystal Chen, was also arrested.
- U.S. prosecutors stated the defendants exploited the city’s migrant crisis for personal financial gain.
