A Brooklyn real estate magnate accused of funneling illegal campaign contributions from the Turkish government to New York City Mayor Eric Adams plans to plead guilty to a conspiracy charge, according to a letter filed by federal prosecutors on Monday. The U.S. Attorney's Office for the Southern District of New York planned to file a charge of conspiracy to commit wire fraud against Erden Arkan in connection with making straw donations to Adams.
The letter states Arkan intends to plead guilty, the first in Adams’ against Adams in September, identified as “Businessman-5” who organized a 2021 dinner where Adams personally solicited illegal campaign contributions, the indictment reads. Adams was indicted in September on federal charges including bribery, wire fraud and conspiracy, allegedly using straw donations to obtain public funding under the city’s generous matching funds program. Adams was charged with accepting these straw donations along with luxury travel from a Turkish official and others hoping to buy influence for their benefit.that the guilty plea will have no bearing on his case and that “Arkan repeatedly said that Mayor Adams had no knowledge of his actions.
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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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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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Real Estate Magnate to Plead Guilty in Campaign Finance SchemeA 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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