Thursday, February 26, 2015

Prosecutor: Former Democratic powerbroker sold influence

By DAVID PORTER Associated Press NEWARK, N.J. - A former Democratic power broker sold his political influence in schemes including one that involved a multibillion-dollar megamall project that has languished for more than a decade at New Jersey's Meadowlands sports complex, a federal prosecutor told jurors Thursday at the start of Joseph Ferriero's racketeering trial. Now known as American Dream Meadowlands, the sprawling project was known as Xanadu in the early 2000s when, the government contends, Ferriero used his position as head of the Bergen County Democratic Organization to squeeze nearly $2 million out of a Virginia-based developer in exchange for his political influence.

http://ift.tt/1MVU6bJ

No comments:

Post a Comment