Federal investigators search private firm that hired Terence Banks as part of NYC corruption probe

excalibur

Diamond Member
Mar 19, 2015
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The oh so corrupt Adams administration.

And virtually all the people caught up in this are black. But then Mayor Adams did say his was made up of 'chocolate people'.


Federal authorities investigating possible City Hall corruption have served a search warrant on at least one employee of SaferWatch, a security app company that hired the brother of two of Mayor Adams’ top deputies as a consultant, the Daily News has learned.
The company is the first publicly identified client of the brother, Terence Banks, to become directly ensnared in the probe, which has already been a factor in the firing of one City Hall employee and the resignation of Police Commissioner Edward Caban.
The identity of the employee of the Florida-based tech firm and the date of the search is unclear, but sources familiar with the probe confirmed investigators seized at least one electronic device while executing the warrant.
SaferWatch is one of nine companies listed as clients of The Pearl Alliance, a government relations firm started by Banks — a former MTA worker and the younger brother of Deputy Mayor for Public Safety Phil Banks and School Chancellor David Banks. Several have financial interests before city agencies run by Terence Banks’ brothers.
The three Banks brothers got their homes raided and electronics seized by the feds last week as part of a coordinated operation that also involved searches at the homes of multiple other top Adams administration officials, including former NYPD Commissioner Edward Caban, who resigned Thursday.
Sources have told The News that last week’s raids were prompted by two separate federal investigations.
The one focusing on the Banks brothers is looking at whether Terence Banks and top Adams administration officials played part in a scheme involving unregistered lobbying and kickbacks on city contracts, according to law enforcement sources. Neither Terence Banks nor anyone at his firm are registered lobbyists.
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The people of NYC voted overwhelmingly for this kind of corruption, so I don't think that they are that shocked at all. Even though they had a tremendous alternative to the Adams regime with the rejected candidacy of Curtis Sliwa.
 

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