Suit: Espada stole $14M from BX organization

THE BRONX - Attorney General Andrew M. Cuomo is suing Senate Majority Leader Pedro Espada Jr. for allegedly looting $14 million out of the Bronx based not-for-profit where Espada serves as president and CEO.

Nineteen current and former officers of the Comprehensive Community Development Corporation in Soundview have also been named in the lawsuit. The suit alleges Espada stole more than $14 million of taxpayer money over five years.

Cuomo says Espada diverted charitable assets to himself, relatives, friends and for his political operation.

Some voters say they'd like to see Espada removed from office.

"I think he should go directly to serve his time and plus pay back the money," says Rodney Paulin.

AP wire reports contributed to this story.

advertisement | advertise on News 12

Trending Video

1 Neighborhood Brief for April 30
More than 2,000 people took part in the 2 Thousands attend NYPD Cares 5K for kids with disabilities
More than 200 Brooklyn residents received a goody 3 Expecting moms attend massive baby shower in E. Flatbush
A 3-year-old girl died after a car accident 4 3-year-old killed in crash on Bruckner Boulevard
The victim, a man in his 20s, was 5 Man shot in head during Williamsburg drive-by shooting

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE