Market
What will be the impact of corruption probes on the Adams administration by end of 2025?
2
Resolution / Starting Odds
Major reshuffle of administration • 25%
Minor reshuffle of administration • 25%
No significant changes • 25%
Administration collapse • 25%
Official announcements, news reports, and administration changes
Story
Ingrid Lewis-Martin Surrenders on Bribery Charges Involving $100,000 Loan for Porsche on December 19, 2024
Dec 19, 2024, 01:25 PM
Ingrid Lewis-Martin, the former chief adviser to New York City Mayor Eric Adams, surrendered to the Manhattan District Attorney's Office on December 19, 2024, to face bribery and conspiracy charges. The indictment alleges that she engaged in a scheme involving two businessmen who provided her son with a $100,000 loan to purchase a Porsche. Lewis-Martin is accused of using her influence as a city official to expedite construction projects in exchange for cash and other benefits. This case is part of ongoing corruption probes affecting the Adams administration, which has seen multiple officials resign or face legal challenges. The Manhattan District Attorney, Alvin Bragg, stated that Lewis-Martin's actions represented a significant breach of public trust, as she allegedly accepted bribes for her and her son's benefit.
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