The Feds finally caught the big (Silver) fish:
Here’s the lowdown from the NYT:
The complaint maintains that for more than a decade, Mr. Silver devised a scheme “to induce real estate developers with business before the state” to use a real estate law firm controlled by a lawyer who had once worked as Mr. Silver’s counsel who orchestrated payments to the speaker for referrals to the firm.
The complaint said that “there is probable cause to believe that Silver received approximately $4 million in payments characterized as attorney referral fees solely through the corrupt use of his official position.”
Prosecutors, according to the complaint, said that Mr. Silver did essentially no work for the payments.
Prosecutors seized approximately $3.8 million of Mr. Silver’s money on Thursday morning.