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VisitSen. Menendez, Two Businessmen Face Trial Over $480K, Gold Bar Bribes
May 13, 2024, 08:32 AM
U.S. Senator Bob Menendez, alongside businessmen Fred Daibes and Wael Hana, is set to face a federal corruption trial starting Monday in Manhattan. The trial will focus on allegations that Menendez accepted bribes, including $480,000 in cash, 13 gold bars, and a Mercedes convertible, in exchange for political favors. Menendez and his wife, who are both implicated, have pleaded not guilty. The trial could have significant implications for Menendez's political career and the control of the Senate.
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Markets
Guilty • 50%
Not Guilty • 50%
Official court verdict announcement
No • 50%
Yes • 50%
Public resignation announcement by Sen. Menendez or official Senate records
No Changes • 50%
Changes • 50%
Senate composition changes officially recorded
Switches political party • 25%
No significant changes • 25%
Retires from politics • 25%
Runs for re-election • 25%
Official announcements from Sen. Menendez or his office
Expelled from Senate • 34%
Continues in current position • 33%
Resigns • 33%
Official political records or credible media sources
Fred Daibes faces legal consequences • 50%
Wael Hana faces legal consequences • 50%
Credible media sources or official statements