Friday, October 31, 2014

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Lobbyist Linked To Kruger Pleads Guilty In Bribery Case

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TWC News: Lobbyist Linked To Kruger Pleads Guilty In Bribery Case
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A lobbyist has taken a plea deal for his involvement in a political corruption case.

Richard Lipsky pleaded guilty to two counts of bribery in Manhattan Federal Court Wednesday.

Prosecutors say Lipsky directed about $260,000 in lobbying fees to two companies linked to former State Senator Carl Kruger, who pleaded guilty to corruption two weeks ago.

Lipsky’s clients included a Bronx beverage distributor, a supermarket retailer and real estate developer.

Under the terms of the deal, he faces up to 71 months in prison and a $500,000 fine.

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