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New York City Mayor Eric Adams speaks during a press conference at the City Hall, after it was revealed that he received a fresh round of federal grand jury subpoenas, New York City, U.S., August 16, 2024. New York City Mayor Eric Adams has been indicted on criminal charges in federal court in Manhattan, a source familiar with the matter told CNBC on Wednesday night. The indictment, which remains sealed for now, at least in part accuses Adams of criminal conduct related to donations to his 2021 mayoral campaign. Adams, a 64-year-old former police captain, is at least the second New York mayor to be criminally charged while still in office. If Adams resigns before his first term in office ends, he would be replaced by New York City Public Advocate Jumaane Williams as acting mayor.
Persons: Eric Adams, Adams, Alexandria Ocasio, Cortez, Jumaane Williams Organizations: York City, City, New York City, CNBC, city's Campaign, Program, New York, New York Police Department, Manhattan U.S, Attorney's, New York Times, City Hall, Police Department, Brooklyn Borough, FBI, Public Locations: York, New York City, U.S, New York, Manhattan, Turkey, Israel, China, Qatar, South Korea, Uzbekistan, New, Alexandria, Cortez
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[The stream is slated to start at 11:30 a.m. Please refresh the page if you do not see a player above at that time.] Federal prosecutors are expected to announce public corruption charges against New York City Mayor Eric Adams Thursday in a press conference in lower Manhattan. Adams has been indicted on criminal charges related to contributions to the Democrat's 2021 mayoral campaign. Damian Williams, U.S. Attorney for the Southern District of New York, James Dennehy, FBI New York Assistant Director in Charge, and Jocelyn E. Strauber, Department of Investigation Commissioner, will deliver remarks at the press conference.
Persons: Eric Adams, Adams, Gracie, Damian Williams, James Dennehy, Jocelyn E Organizations: New York City, FBI, Attorney, Southern, of, York, Department of Investigation Locations: Manhattan, U.S, of New York
Eric Adams spent two nights at the St. Regis Istanbul in the summer of 2017, prosecutors said. He paid $600 for the hotel's Bentley suite instead of its true worth, about $7,000, they said. A page from the indictment showing the Bentley Suite, where feds say Adams stayed at a big discount. One of these perks was the 2017 stay in the St. Regis' Bentley Suite. Take a look inside the Bentley hotel suite where prosecutors say he stayed in 2017 at a major discount.
Persons: Eric Adams, , Adams, Regis, Bentley Organizations: Regis, Service, Bentley, Turkish Airlines, Prosecutors Locations: Regis Istanbul, New York City, Regis, Istanbul, St, New York, Turkey
Eric Adams took perks and donations from the Turkish government for years, prosecutors say. "It is very expensive because it is last minute," the airline manager texted the Adams staffer, according to the indictment. AdvertisementThe Adams staffer pushed the manager to charge a more realistic-sounding price, prosecutors say. The Adams staffer asked for "$1,000 or so," noting that Adams' "every step is being watched right now." The Turkish Airlines manager also offered to set up Adams in the Four Seasons, which the Adams staffer deemed "too expensive."
Persons: Eric Adams, wasn't, Adams, , Damian Williams Organizations: Service, Turkish Airlines, Prosecutors, Turkish, United Nations, Cosmopolitan Suite, Regis Locations: Turkish, New York City, Turkey, Istanbul, Manhattan, Regis Istanbul, New York, France
New York City Mayor Eric Adams has been indicted on on bribery and conspiracy charges. Adams is the first sitting NYC mayor to be charged in a criminal indictment. Go to newsletter preferences Thanks for signing up! AdvertisementA federal grand jury in Manhattan has indicted New York City Mayor Eric Adams on bribery and conspiracy charges. The charges were detailed in a 57-page indictment unsealed Thursday, accusing Adams of soliciting bribes from foreign businesspeople, including a Turkish government official, to fuel his political campaigns.
Persons: Eric Adams, Adams, , ADAMS —, New York City — Organizations: York City, Service, New, New York City, Turkish, Mayor, Business Locations: York, Manhattan, New York, New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEric Adams indictment unsealed: New York mayor charged in campaign contribution schemeCNBC's Eamon Javers joins 'Squawk on the Street' to report the latest on New York City Mayor Eric Adams' indictment on bribery and fraud charges
Persons: Eric Adams, Eamon Javers Organizations: New York City Locations: New York, New
Eric Adams told a staffer he "always" deleted messages after discussing alleged bribes. Prosecutors included some of the messages in the new indictment against the NYC mayor. Go to newsletter preferences Thanks for signing up! AdvertisementNew York City Mayor Eric Adams promised to "always" delete messages exchanged with one of his staffers who arranged Turkish government-funded trips, according to the indictment against him unsealed Thursday. "To be o[n the] safe side Please Delete all messages you send me," the Adams staffer wrote in a message to Adams, according to the indictment.
Persons: Eric Adams, Adams, Organizations: NYC, Service, York City, Prosecutors, Business Locations: York, Turkish
NYC Mayor Eric Adams isn't messing around defending himself against a federal indictment. The mayor has hired high-powered attorney and Elon Musk favorite, Alex Spiro, Bloomberg reported. Adams was indicted this week on charges related to bribery, fraud, and conspiracy. Go to newsletter preferences Thanks for signing up! AdvertisementNew York City Mayor Eric Adams is reportedly turning to one high-profile person to help fight his recent indictment: Elon Musk's favorite lawyer.
Persons: Eric Adams isn't, Elon Musk, Alex Spiro, Adams, , Eric Adams, Elon Musk's Organizations: Bloomberg, Service, York City, NYPD, Business Locations: York
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A grand jury has indicted New York City Mayor Eric Adams on 5 criminal counts in a corruption probe. Prosecutors accuse Adams of soliciting bribes from wealthy foreign businesspeople. He has been hit with charges of bribery and receiving illegal campaign contributions from foreign nationals. AdvertisementA grand jury has indicted New York City Mayor Eric Adams on five criminal counts in a federal corruption probe. The retired captain of the New York Police Department is the first sitting mayor of New York City to be indicted while in office.
Persons: Eric Adams, Adams, Organizations: New, New York City, Service, New York Police Department, Business Locations: New York, New York City
Eric Adams was indicted after a federal corruption probe, The New York Times first reported. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEric Adams has become the first mayor in modern New York City history to be indicted while in office. Adams was indicted following a corruption probe that led to chaos in his office and a series of resignations, The New York Times first reported on Wednesday.
Persons: Eric Adams, Adams, Organizations: New York Times, Service, Business Locations: New York City
In September 2023, NYC Mayor Eric Adams gave hip-hop mogul Sean "Diddy" Combs a key to the city. Both Adams and Combs were charged with crimes in September 2024. Go to newsletter preferences Thanks for signing up! AdvertisementAbout a year ago, New York Mayor Eric Adams gave Sean Combs, the music mogul known as Diddy, a key to the city. During a ceremony in Times Square, Adams handed Diddy the key, a symbol of recognition for New Yorkers who have achieved remarkable success.
Persons: Eric Adams, Sean, Diddy, Combs, Adams, they're, , Sean Combs Organizations: Service, New, Catholic, Business Locations: New York, Harlem, Bronx
CNN —Federal prosecutors say New York City Mayor Eric Adams engaged in a “long-running conspiracy,” accepting luxury travel and gifts from foreign businesspeople and at least one Turkish government official. Adams, who’s been indicted on five federal public corruption charges, has denied wrongdoing and says he is being targeted because of his positions. Federal agents search Gracie Mansion, the official residence of the mayor of New York City, on September 26, 2024, after Mayor Eric Adams was indicted on federal criminal charges. That Adams, a Democrat, has been charged by prosecutors in the Southern District of New York on corruption charges does not, on its own, disprove Trump’s point. Adams remains defiant in the face of the charges, but they are clearly having an effect on New York politics.
Persons: Eric Adams, Adams, who’s, , , Gracie, Timothy A, Clary, Donald Trump’s, Trump, Sen, Bob Menendez, Trump’s, Menendez, Stormy Daniels, Attorney Alvin Bragg, Jack Smith, General Merrick Garland, Smith, George Santos, Santos, Elie Honig, Honig, Sheldon Silver, Dean Skelos, ” Honig, Alexandria Ocasio, Kathy Hochul Organizations: CNN, New York City, Getty, White, Department of Justice, DOJ, Democrat, of, New, New Jersey Democrat, Manhattan, Attorney, Trump, Republican, CNN The Southern, of New York, New York State Assembly, New York State Senate, Key New York Democrats, New York Gov Locations: New York, New York City, AFP, Southern, of New York, New Jersey, Florida, Washington , DC, York, Manhattan, Lower Manhattan, of New, New, Alexandria, Cortez
New York City Mayor Eric Adams was indicted by federal grand jury amid a corruption probe. AdvertisementNew York City Mayor Eric Adams' administration has been embroiled in turmoil for months. July 2024: Adams served grand jury subpoenasFederal prosecutors subpoenaed Adams, his election committee, and City Hall in July. Advertisement"We have not identified any evidence of illegal conduct by the mayor," Adams' attorneys said at the time. September 26, 2024: Adams indictment unsealedThe 57-page indictment against Adams was unsealed on September 26, detailing serious allegations of corruption, bribery and wire fraud.
Persons: Eric Adams, , Adams, Brianna Suggs, Suggs, Rana Abbasova, Winnie Greco, Greco, Edward Caban, Public Safety Philip Banks III, Sheena Wright, David Banks, Caban, Lisa Zornberg, Zornberg, Thomas Donlon, Ashwin Vasan, Banks, Alexandria Ocasio, Cortez, Damian Williams, Williams Organizations: York City, Service, New York Police Department, Democrat, FBI, Agents, New York Times, Turkish Airlines, Times, City Hall, Associated Press, Public Safety, New York City Schools, New York, NYPD, Democratic New York Rep, New, Southern, of Locations: York, New York City, Brooklyn, manila, Jersey, Manhattan, Turkish, New, Alexandria, of New York
Eric Adams has been indicted, The New York Times first reported on Wednesday. With this indictment, Adams has become the first sitting NYC mayor to be criminally charged. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNew York City Mayor Eric Adams has been indicted after a federal corruption probe, The New York Times first reported on Wednesday. With this indictment, Adams has become the first sitting New York mayor to face criminal charges.
Persons: Eric Adams, Adams, Organizations: New York Times, Service, York City, New York, Times, Business Locations: York
CNN —New York City Mayor Eric Adams, the rank-and-file transit cop who rose to the city’s most powerful office, is no longer the master of his political destiny. President Joe Biden, asked at the White House on Thursday if Adams should resign, said, “I don’t know.”What will Jeffries do? “We need Eric Adams to be successful as mayor because he is the mayor at this moment in time,” Jeffries said. “No one is above the law, including the Mayor of New York City,” Schumer said in a statement. “This is squarely about Mayor Adams’ ability to govern New York City, and for the New York City governance to be fully staffed to serve the people of New York City,” Ocasio-Cortez told reporters Wednesday afternoon on Capitol Hill before news of the indictment broke.
Persons: Eric Adams, Adams, brazenly, , , Damian Williams, ” Williams, , ” Adams, Adams ’, Ingrid Lewis, Martin, Frank Carone, Carone, Jumaane Williams, ” Carone, “ It’s Eric Adams, Kathy Hochul, Hochul, Joe Biden, Jeffries, Hakeem Jeffries, ” Jeffries, Hakeem, Laura Gillen, Anthony D’Esposito, you’re, you’ve, ” Gillen, Chuck Schumer, ” Schumer, Scott Stringer, Brad Lander, Sen, Zellnor Myrie, ” Myrie, ” Stringer, ” Lander, Alexandria Ocasio, Cortez, Mayor Adams, ” Ocasio, Bob Holden, Adams ’ White, ” Holden, Chris Banks, ” Banks, Julia Salazar, Gustavo Rivera, Jabari, Phara Souffrant Forrest, Emily Gallagher, Brooklyn, Tiffany Caban, Alexa Aviles, Sandy Nurse, Chi Osse, ” Councilwoman Vickie Paladino, Andrew Cuomo, Cuomo, “ Cuomo, “ He’s, ” Cuomo, Rich Azzopardi, hasn’t, CNN’s Gloria Pazmino Organizations: CNN, New, New York City, Democratic, New York Times, Southern, of, Gracie, White, Brooklyn Democrat, Republicans, New York Democratic, New York, Republican, Washington D.C, Yorkers, Rep, Queens, State Locations: New York, New, of New York, , Brooklyn, Washington, South Shore, New York City, Alexandria, City, Queens, Holden’s, Brownsville, East New York, Sens
Federal prosecutors have honed in on ties between New York City Mayor Eric Adams and little-known Turkish businessman Enver Yucel, CNBC has learned from the indictment and other public records, including campaign finance documents. A federal indictment unsealed on Thursday describes a 2021 campaign fundraising scheme involving Adams, his team and a person only identified in the indictment as "Businessman-1." An August 2015 letter from New York's conflict of interest board approving the travel, lists Bahcesehir as the only university helping pay for the trip. The City reported that Adams met with Yucel in December 2015 as part of his second trip that year to the country. A spokesman for Adams referred CNBC to his personal attorneys who did not return requests for comment.
Persons: Eric Adams, Enver Yucel, Adams, Yucel Organizations: New York City, CNBC, Bahcesehir University, Bay Atlantic University, The City, Yucel Locations: New, Turkish, Turkey, Washington ,, Brooklyn, The
U.S. Rep. Alexandria Ocasio-Cortez, D-N.Y., on Wednesday called for New York City's embattled Mayor Eric Adams to resign. In a post on X, Ocasio-Cortez said the chaos in the Adams' administration is rendering his government ineffective. Adams' administration is the target of multiple federal investigations. "I do not see how Mayor Adams can continue governing New York City," Ocasio-Cortez said. In a separate investigation, the FBI searched the homes of at least two senior officials in the Adams' administration.
Persons: Alexandria Ocasio, Eric Adams, Cortez, Adams, , Edward Caban, ” Caban Organizations: Rep, New York, New, New York Police, NYPD, NBC News, FBI Locations: Alexandria, Cortez, New, New York City, New York
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CNN —New York City Mayor Eric Adams has been indicted on at least one federal criminal charge, multiple sources familiar with the matter tell CNN. The indictment follows a monthslong federal investigation into campaign fundraising violations and foreign influence. The mayor is expected to have several days to turn himself in, according to sources familiar with the case. New York City campaign finance records show Arkan donated $1,500. As part of their investigation, FBI agents seized Adams’ cell phones days after the raid on Suggs’ home.
Persons: Eric Adams, Adams, , ” Adams, He’s, Edward Caban, Lisa Zornberg, Adams ’, Zornberg, David Banks, Brianna Suggs, Suggs, Erden Arkan, Arkan, Suggs ’, , Jumaane Williams Organizations: CNN, New, New York City, The New York Times, Mansion, City Hall, US, Southern, of, NYPD, Democratic Party, New York Police Department, KSK, FBI, Democratic, Turkish Locations: New York, New, of New York, America’s, City, Brooklyn, New York City, Manhattan, Adams ’, Turkish, Turkey, Üsküdar
Wegovy, the blockbuster weight loss treatment from Novo Nordisk , tops the list of drugs that could soon become part of the second round of price negotiations between manufacturers and Medicare. The Biden administration last month announced new negotiated prices for the first 10 Medicare Part D drugs selected for the talks. He also pushed back on Medicare price negotiations when asked about the potential selection of Wegovy and Ozempic, calling the talks "price-setting" that will have negative consequences for drug innovation. Medicare Part D doesn't cover weight loss treatments unless they are approved and prescribed for another health condition. We'll be following the next round of Medicare drug price negotiations closely, so stay tuned for our coverage.
Persons: Wegovy, Hollie Adams, Biden, it's, Novo, Lars Fruergaard Jørgensen, Lars Jorgensen, Ozempic, Piroschka Van De Wouw, Jørgensen, Semaglutide, We'll, Annika, annikakim.constantino Organizations: Novo Nordisk, Reuters, Specialty Pharmacy, Centers, Medicare, Medicaid Services, Health, Education, Labor, Capitol, CMS, Wall Street, GSK, Astellas Pharma, Epic Systems Locations: London, Britain, Novo, Washington , U.S
The health commissioner chosen by Mayor Eric Adams to lead New York City out of the Covid-19 pandemic resigned on Monday, the third top administration official this month to leave, or announce plans to, amid multiple federal investigations of the mayor’s inner circle. The commissioner, Dr. Ashwin Vasan, a mental health expert, cited a desire to spend more time with his family in his decision to step down, which will take effect early next year. “As anyone with a family — or a chosen family — knows, you are never alone in service, Dr. Vasan said in a statement. “My wife and three young children have served alongside me, bearing the brunt of my absence and shouldering so much. I’m grateful for their love and have chosen that now it is time to support them and their well-being.”A City Hall spokesman, William Fowler, said Dr. Vasan’s departure was unrelated to the federal inquiries, and the commissioner affirmed that in a brief interview.
Persons: Eric Adams, Ashwin Vasan, , Vasan, , William Fowler, Vasan’s Organizations: New Locations: New York City
The NYPD on Friday released body-worn camera footage from a weekend shooting at a Brooklyn subway station that started as a confrontation between police and an apparent fare-beater who they have said charged at officers with a knife. According to police and surveillance video from the station, Mickles jumped a turnstile at the subway station just after 3 p.m. Sunday, right in front of two officers. When a train pulls into the station, Mickles backs onto it once the doors open. All shots were fired by NYPD officers, authorities have said. “There was no need for any bullets to fly in the subway station, especially in a setting where the officers put innocent bystanders at risk.
Persons: Gregory Delpeche, Mickles, Jonathan Fink, , Fink, , , Bystander’s, Nick Liakas, Gregory, ” Liakas, Derell Mickles “, Tasers, Thomas Donlon, John Chell, Loyda Colon, Chris Banks, Eric Adams, ” Adams, Mickles “ Organizations: Woodhull Hospital, NYPD, ” Police, Communities United, Police Reform, New, York City, “ Police Locations: Brooklyn, Brownsville, New York City, York
For decades, Sean “Diddy” Combs presented the image of a wealthy, Black music mogul, one who broke business barriers, threw lavish parties and even created iconic TV moments. But behind the scenes, prosecutors say, was a more sinister picture, with allegations of violence, sex trafficking and severe abuses of power. Sean "Diddy" Combs during a photo shoot to promote a Sean John fragrance in 2016. Casandra Ventura and Sean "Diddy" Combs attend the the Met Gala in New York City on May 7, 2018. Designer Donna Karan, musician Tommy Lee, singer Mariah Carey, host Sean "Diddy" Combs, Star Jones and rapper Reverend Run at "The Real White Party" presented by Combs at his East Hampton, N.Y., estate on Sept. 2, 2007.
Persons: Sean “ Diddy ” Combs, Combs, Tupac, Al Yankovich, Jennifer Lopez, Versace, , Sean, Diddy, Sean John, Damian Williams, ” Fatima Goss Graves, ” “ Combs, , Goss Graves, ” Combs, Casandra, Cassie ” Ventura, Ventura, Dawn Richard, Rodney “, Rod ” Jones, Derrick Lee Cardello, Smith, Casandra Ventura, John Shearer, Oronike Odeleye, Kelly, Odeleye, ’ ” Odeleye, Combs ’, Craig Mack, Faith Evans, ” Richard, Nate Dogg, Snoop Dogg, Sean Combs, Forbes, Laurieann Gibson, , Paris Hilton, Leonardo DiCaprio, Mariah Carey, Jay, Oprah, ” Carson, Carson, Black, Donna Karan, Tommy Lee, Star Jones, Bryan Bedder, he’s, Mase, Aubrey O’Day, Danity Kane, O’Day, I’ve Organizations: Bad Boy Records, Penske Media, Getty, U.S, Metropolitan Detention, National Women’s Law, Legal Defense Fund, Hollywood, , Uptown Records, Bad Boy Entertainment, MTV, University of Virginia, Labor, Paris, White Party, White, Bad, TMZ Locations: New York, Michigan, New York City, Carson, East Hampton, N.Y
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