Real Estate Magnate to Plead Guilty in Campaign Finance Scheme

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Politics News

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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