New York City Department of Investigation
Manhattan District Attorney Cyrus Vance announced that two companies and seven people have been indicted on charges that include grand larceny, fraud and forgery.
Friday’s clash of the two political titans came as the mayor is furiously trying to derail a council bill to have an inspector general monitor one the of the Police Department’s signature crime fighting tools: stop and frisk.
“Nobody paid as much attention to it as they should have — from me on down,” Bloomberg said after a graduation ceremony at Gracie Mansion.
U.S. Attorney Preet Bharara called the fraud “epic in duration, magnitude and scope.” Prosecutors previously had put the figure at about $85 million.