Connect with us

Executive

Waste of the Day: NYC Bribery Bigs Paid $13 Million

New York City officials, including Mayor Adams, earned $13.3 million in salaries over ten years while taking bribes.

Published

on

New York quarter reverse

Topline: Mayor Eric Adams and 13 other officials questioned in New York City’s bribery scandal earned $13.3 million in salary from taxpayers in the past decade, according to payroll records obtained by OpenTheBooks.com.

A bribery scheme worth more than a million dollars each

Key facts: Adams was indicted in September for allegedly taking bribes and campaign contributions from foreign governments in exchange for political favors.

Since then, at least 13 other members of his administration were either indicted or questioned and searched by the FBI. Only two of them have been charged with a crime, but eight of them have already resigned. All except for three earned salaries above $200,000 last year.

Waste of the Day: NYC Bribery Bigs Paid $13 Million
Waste of the Day – NYC by Open the Books

Adams has earned almost $2.2 million since 2014 as mayor and Brooklyn Borough president. Police Commissioner Edward Caban, who resigned after federal agents seized his phone, has earned $2.1 million in the last 10 years. Three others made over $1 million in the last decade.

Search all federal, state and local government salaries and vendor spending with the AI search bot, Benjamin, at OpenTheBooks.com.

Widespread salary abuse

Background: Schools Chancellor David Banks took home over $363,000 per year before stepping down, but he and Adams have helped their friends and family earn massive salaries as well.

Advertisement

In 2022, Banks promoted Adams’ girlfriend Tracey Collins to a senior role in the Department of Education, and gave her a $50,000 raise to bring her salary to $221,000. She allegedly hasn’t shown up to work since last Thanksgiving. She made $1.9 million since 2014.

That was months after, Adams hired Banks’ girlfriend Sheena Wright as a deputy mayor earning $275,000.

Adams also hired Banks’ brother, Phillip Banks III, as deputy mayor. He was earning $252,000 before resigning in October following an FBI raid.

Banks also gave a $150,000 education job to Adams’ sister-in-law. Adams tried to pay his brother $242,000 as a mayoral security advisor but was stopped by city ethics rules.

Summary: Investigations after a wrongdoing has occurred can only accomplish so much. Taxpayers must demand more transparency to weed out potentially corrupt officials before they become millionaires off public salaries.

Advertisement

The #WasteOfTheDay is brought to you by the forensic auditors at OpenTheBooks.com

This article was originally published by RCI and made available via RealClearWire.

Journalist at | + posts

Jeremy Portnoy, former reporting intern at Open the Books, is now a full-fledged investigative journalist at that organization. With the death of founder Adam Andrzejewki, he has taken over the Waste of the Day column.

Trending

0
Would love your thoughts, please comment.x
()
x