BREAKING NEWS – Washington, D.C. – Democratic New Jersey Sen. Bob Menendez is being charged with bribery offenses in a federal indictment out of the Southern District of New York to be unsealed Friday, prosecutors announced.

The FBI and IRS criminal investigators are attempting to determine if Menendez or his wife had taken up to $400,000 worth of gold bars from Fred Daibes, a New Jersey developer and former bank chairman, or his associates in a swap for Menendez reaching out to the Justice Department to aid the “admitted felon” accused of banking crimes.

Menendez made a brief statement at a press conference. “This makes no sense to me. How the feds can charge me or my wife with bribery, if we already spent the money?”