The New York State Independence Party is taking steps to return hundreds of thousands of dollars that a grand jury charged were stolen from Mayor Michael Bloomberg as part of an Election Day scheme orchestrated by a volunteer in the mayor's campaign, the party chairman said Wednesday.
"We have no idea what the outcome of the trial will be, but out of respect for the district attorney and Mayor Bloomberg we're returning the money in question," said Frank MacKay, the party's chairman, in an interview.
I estimate the amount is between $350,000 and $450,000. Further checking shows $133,000 of this amount was not properly reported on their quarterly filings and could result in a fine.
Use the above link to read the entire article By MICHAEL HOWARD SAUL of The Wall Street Journal.
Michael H. Drucker
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