Real Estate Magnate to Plead Guilty in Campaign Finance Scheme

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Campaign Finance,Conspiracy,Guilty Plea

A Brooklyn real estate figure, accused of collaborating with a Turkish government official to illegally channel campaign donations to New York City Mayor Eric Adams, is set to admit guilt to a conspiracy charge.

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“We know from the government’s own interviews that Mr. Arkan repeatedly said that Mayor Adams had no knowledge of his actions,” Spiro said. The indictment details an April 2021 dinner organized by the Turkish official in which Adams personally solicited illegal campaign contributions from Arkan — identified in court papers only as “Businessman-5.”

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Real Estate Magnate to Plead Guilty in NYC Mayor's Campaign Finance CaseErden Arkan, a Brooklyn real estate developer, is set to plead guilty to a conspiracy charge related to an alleged scheme to funnel illegal campaign contributions to Mayor Eric Adams. This would be the first guilty plea in the case, which has implicated several individuals in a broader corruption investigation.
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Brooklyn Real Estate Magnate to Plead Guilty in Adams Campaign Finance CaseErden Arkan, a Brooklyn real estate developer, is set to plead guilty to a conspiracy charge related to an alleged scheme to funnel illegal campaign contributions to New York City Mayor Eric Adams.
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Construction Magnate to Plead Guilty in NYC Mayor's Campaign Finance CaseErden Arkan, a wealthy construction magnate, is set to plead guilty to a conspiracy charge related to illegal campaign contributions in a case involving New York City Mayor Eric Adams.
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