The Republican political operative John Haggerty was found guilty of second degree grand larceny and money laundering related to the theft of $1.1 million from Mayor Bloomberg's 2009 re-election campaign. Haggerty, who had promised to use the money for ballot security but instead bought a home, faces up to 15 years in prison. more ›

You don't see the mayor of New York take the stand in a trial every day, but today is one of those days. As part of the ongoing criminal case against political consultant John Haggerty the prosecution today called hizzoner to the stand and he so has, with a chorus of twitterers present. This isn't the first time a sitting mayor has taken the stand, but it may be the first time one has done so as the victim of a crime. And if lawyers were hoping for a testy Bloomberg, they seem to be getting their wish. more ›

A Queens banker has been charged with perpetrating a simple but effective money laundering scheme, right under the noses of her bosses. Natanzia St. Rose was arrested last week for "possible money laundering and structuring of narcotics proceeds through financial institutions." And she was undone by some dank bud! more ›

Some of you may remember Natalie McLennan when she posed on the cover of New York magazine—under the name "Natalia McLennan"—as New York's #1 escort who charged $2,000 an hour while working for "King of All Pimps" Jason Itzler. Now, five years later, McLennan has pleaded guilty to money laundering for her involvement in the NY Confidential prostitution ring and was sentenced to time served. And, as she left the courthouse, when a reporter suggested her current life was probably boring, she said, "That's what you think." more ›

Manhattan DA Cyrus Vance announced that Republican operative John Haggerty was indicted for allegedly stealing $1.1 million of Mayor Michael Bloomberg's money. The Post explains, "The indictment came after The Post ran a series of stories detailing how the mayor wired $1.2 million to the state Independence Party in two transactions right before the [2009] election so it could transfer $750,000 to Haggerty, a once-trusted member of Bloomberg's campaign team, for the poll-watching effort." more ›

Former Giants wide receiver Mark Ingram had 27 months tacked onto his 92 month jail sentence yesterday after jumping bail to watch his football star son play in the Sugar Bowl. Ingram—who was sentenced in 2008 on charges of money laundering and bank fraud—had already been granted one extension to go see Mark Jr. finish his freshman season at the University of Alabama, so when he asked for a second reprieve, he was denied. But on the date the 44-year-old was supposed to surrender himself, he was a no-show; on game day officials found him in his underwear, stationed in front of a TV screen in a Michigan motel room. more ›

[UPDATE BELOW] Councilman Larry Seabrook (D-Bronx) has reportedly been hit with a 13-count indictment on federal charges of money laundering, conspiracy to commit mail and wire fraud, mail and wire fraud, extortion, and receiving an unlawful gratuity. Insiders told the Times that the Democrat—who represents Wakefield, Co-op City, Edenwald, Williamsbridge and Baychester—is suspected of helping a boiler company obtain city contracts. more ›

Yesterday, federal agents arrested dozens of individuals, many of them NJ politicians and lawmakers as well as prominent religious figures in NJ and NY, in a probe that began as a money laundering investigation but then turned into a political corruption bust as well. The Star-Ledger reports, "The bribes went down in diners, living rooms and parking lots. New Jersey Assemblymen took them, mayors took them, and so did dozens of others. Orthodox rabbis, acting more like crime bosses than religious leaders, laundered millions through synagogues and yeshivas in Deal, one of the state's wealthiest towns. And a Realtor tried to sell an informant a black market kidney for $160,000." more ›

The feds' raids and arrests this morning didn't just capture the NJ mayors and officials (past and present)—there are rabbis, relatives and apparently an organ dealer! A total of 44 people were arrested in a "broad-ranging corruption and international money laundering investigation." more ›

Marc Dreier is currently under house arrest for his alleged $380 million fraud. Except now the feds had amended their indictment and say the fraud—selling fake promissory notes to hedge funds—is actually $700 million. The Law Blog reports, "Prosecutors are demanding that Dreier forfeit approximately $700 million, including all of his interest in a yacht, luxury cars, and more than 200 works of art by such masters as Andy Warhol, Jasper Johns, Roy Lichtenstein and Henri Matisse." Dreier, a once prominent lawyer whose firm employee 200 people and who pleaded guilty to previous charges, was also hit with a money laundering charge; his lawyer said, "We are looking for a fair resolution and will continue with that effort." more ›

The lawyer accused of operating a strip club/brothel in Midtown was held on $150,000 bail, as was his wife. And his employees spared no details about Lou Posner while talking with the tabloids. more ›