Ex-Moreno Valley Councilman Admits To Taking $2.3M Bribe

CBS Los Angeles

[worldnow id=9494354 width=420 height=315 type=video]

LOS ANGELES (CBS/AP) — A former member of the Moreno Valley City Council has agreed to plead guilty to a federal bribery charge for taking a $2.36 million cash payment from an undercover operative posing as a real estate broker, authorities said Tuesday.

Thom Mrozek, a spokesman for the U.S. Attorney’s Office, says the bribe is believed to be the largest ever accepted by a U.S. public official in an undercover operation.

Federal prosecutors announced Tuesday that 64-year-old Marcelo Co will plead guilty to one count each of bribery and filing a false tax return.

Prosecutors say Co agreed to sell a 30-acre property for $5.36 million at a meeting on Jan. 30 but that the publicly filed documents would reflect a sale price of only $3 million. At this meeting, Co accepted $2.36 million in cash, promising to rezone the land, prosecutors said.

Surveillance…

View original post 393 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s