BREAKING NEWS – New York City, New York – Several gold bars discovered by federal agents in Democratic New Jersey Sen. Bob Menendez’s residence as part of a high-profile bribery investigation can be traced to a violent robbery a decade ago.
According to a sprawling indictment unsealed by federal prosecutors in September, Menendez and his wife allegedly played a role in a years-long bribery scheme that involved the Egyptian government and local businessmen including Fred Daibes, a wealthy New Jersey real estate developer. Prosecutors revealed they retrieved multiple gold bars from Menendez’s home which were allegedly used as payment in the scheme. In November 2013, four assailants beat and robbed Daibes at gunpoint in his Edgewater, New Jersey, apartment, stealing 22 gold bars, jewelry and cash.
“Each gold bar has its own serial number,” Daibes told local investigators in a 2014 transcript obtained by NBC New York. “They’re all stamped … you’ll never see two stamped the same way.”
“I firmly believe that when all the facts are presented, not only will I be exonerated, but I still will be New Jersey’s senior senator,” said Senator Menendez. “And I still think the federal court shouldn’t have any objections to me paying my legal fees with gold bars and stolen diamonds.”