EXECS AT MICHAEL BLOOMBERG’S COMPANY EXPECTED TO BE ARRESTED FOR FRAUD
EXECS AT MICHAEL BLOOMBERG’S COMPANY EXPECTED TO BE ARRESTED FOR FRAUD by Tim Pearce – The Daily Caller
TDC Note – It appears Bloomberg has done a great deal of damage to his potential 2020 Presidential run and we need to do what we can to help ensure Bloomberg doesn’t make it to the final dance. One of his goals to eliminate the 2nd Amendment – we need to make sure people understand this aspect of Bloomberg’s agenda.
The Manhattan district attorney’s office and New York state police are expected to arrest several senior executives in former New York City Mayor Michael Bloomberg’s finance company on fraud charges Tuesday, The New York Times reported.
The executives are expected to be a part of a larger arrest of roughly a dozen senior executives spanning several companies involved in New York real estate and development. The district attorney’s office launched a new investigation into New York’s $62 billion construction industry, including the construction and facilities department of Bloomberg L.P., in 2017.
Investigators uncovered a pay-to-play scheme in which subcontractors and vendors doing work on Bloomberg company offices would offer bribes and kickbacks to Bloomberg executives. In exchange, the Bloomberg executives would pay more for the work done, defrauding Bloomberg L.P. for millions.
Investigators found no evidence Bloomberg was aware of the alleged fraud.