My town makes history (and not in a good way ) $2.36 million in bribes
http://blog.pe.com/court-docket/2013/11/05/moreno-valley-ex-councilman-pleads-guilty-to-accepting-2-3-million-bribe/
MORENO VALLEY: Ex-Councilman pleads guilty to accepting $2.3 million bribe
November 5, 2013 by John Asbury
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Moreno Valley City Councilman Marcelo Co agreed to plead guilty Tuesday, Nov. 5, to offering $2.36 million in bribes to an undercover FBI agent posing as a real estate developer, in what
officials called the largest bribe by an undercover agent in history. As part of his payoff, Co vowed to line the pockets of other councilmembers to secure a voting majority and inflate the value of a 38-acre parcel to more than $5 million that would be voted on by the council, officials said.
During the undercover meeting, Co vowed to vote in favor of any land use and development proposals by the fictional developer, officials said. In return, officials said the land deal would be approved by the council for $3 million, while Co would keep the additional $2.36 million as a cash bribe. U.S. attorneys officials believe the proposal never came up for a vote by the council.
The bribe was caught on video made with piles of cash visible in a public place, officials said.
Co is also accused of taking more than $100,000 in unreported income for his private business.
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