Former New Jersey councilman convicted of steering business to insurance brokerages

Advertisement

A former Passaic, N.J. councilman has been convicted on federal extortion charges following an FBI sting that found 13 state politicians accepted bribes for government contracts, including those for insurance.

Jonathan Soto, 33, was found guilty on 23 counts in U.S. District Court in Trenton after accepting $44,500 in bribes for himself and other city officials, according to the Star Ledger.

Payments came from undercover agents, posing as businessmen offering bribes to obtain public contracts for insurance brokerage and roofing services.

Others charged in the sting included former Orange Mayor Mims Hackett and former Passaic Mayor Samuel Rivera, the report said

Soto was found guilty of bribery, extortion and attempted drug possession and faces up to 30 years in federal prison, when he is sentenced June 5.

Leave a Comment

Follow IFAwebnews: 
Important links and updates throughout the day via Twitter Join IFAwebnews’ Insurance News group on LinkedIn.com Become a fan of IFAwebnewss Insurance News on Facebook Feeds for all the ourinsurance news or just the lines you need. Insurance news delivered to your inbox
© 2012 New Horizon Group, Inc. :: Insurance & Financial Advisor | IFAwebnews.com :: NS 175 queries. 0.482 seconds.
Entries RSS Comments RSS