Federal agents arrested and charged 11 New Jersey officials with taking bribes in exchange for giving public contracts to a fake insurance brokerage set up by investigators. The investigation netted five members of an Atlantic County school board, two state Assemblymen, the mayor of Passaic, a current and a former Passaic city council member and the chief of staff to Newark’s city council president. The investigation began in mid-2006 amid evidence of corruption in the Pleasantville School District.
Topics New Markets
Was this article valuable?
Here are more articles you may enjoy.
Reserve Strengthening for Casualty Lines Not Over: Moody’s 
Worsening Weather Igniting $25 Billion Weather Derivatives Market 
Miami Retirement Fund Class Action Alleges Globe Life Officers Concealed Fraud 
Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse From This Issue
