Current:Home > ScamsJurors see gold bars in Bob Menendez bribery trial -TradeWise
Jurors see gold bars in Bob Menendez bribery trial
View
Date:2025-04-12 16:23:31
An FBI agent who led the search of Sen. Bob Menendez's home, in which federal investigators discovered more than a dozen gold bars and hundreds of thousands of dollars in cash, testified Thursday in the New Jersey Democrat's corruption trial.
Prosecutors showed jurors two one-kilogram gold bars and several $100 bills that were confiscated from the home Menendez shares with his wife, Nadine, in Englewood Cliffs, New Jersey.
Investigators found more than $480,000 in cash stashed in envelopes, jacket pockets and shoes, as well as 13 gold bars worth more than $100,000 when executing a search warrant on June 16, 2022, according to prosecutors. They also discovered nearly $80,000 in his wife's safe deposit box at a nearby bank.
Prosecutors assert the gold bars and cash were bribes from the businessmen that were given to Menendez and his wife in exchange for political favors.
But Menendez's lawyer, Avi Weitzman, said Wednesday the cash can be explained by Menendez withdrawing hundreds of dollars each month from his bank account and stockpiling it at home because of his parents' experience as Cuban immigrants. He sought to challenge prosecutors' claims that the cash was from the other defendants, saying some of the bills were not even in circulation anymore.
As for the gold bars, Weitzman said Menendez believed they were from his wife's family. The gold bars were found in her locked closet, to which the senator did not have a key, according to Weitzman. He claimed owning gold bars was a cultural norm for Nadine Menendez, who was born in Lebanon to Armenian parents.
The indictment says that on Oct. 17, 2021, Bob Menendez and his wife returned from Egypt, and a driver for Diabes picked them up and drove them home. It then says of the senator, that "[t]he next day, Menendez performed a web search for 'how much is one kilo of gold worth.'"
Jurors also heard opening statements for Menendez's co-defendants, Wael Hana, owner of the halal meat company IS EG Halal, and Fred Daibes, a real estate developer. All three have pleaded not guilty. A third New Jersey businessman who was indicted, Jose Uribe, pleaded guilty in March and confessed to buying Menendez's wife a $60,000 Mercedes convertible to influence the senator. He is cooperating with the prosecution, agreeing to testify in the case.
Defense lawyer Lawrence Lustberg, arguing on Hana's behalf, accused prosecutors of "criminalizing friendships." He portrayed Hana as assumed by the government to be guilty by association with Daibes and Uribe.
Referencing several dinners including Hana, Nadine and Bob Menendez and Egyptian officials, Lustberg said that while the government has tried to paint the relationship between Hana and the couple as a conspiracy — accusing Hana of trying to tempt the senator to commit official acts on behalf of a foreign country during these dinners — Lustberg described the dinners as advocating for one's native country through elected officials.
Wednesday's proceedings consisted of opening statements, as the defense and prosecution offered very different portraits of the Democratic senator. Menendez, who is being tried separately from his wife, Nadine Menendez, stands accused of trading his influence and power to foreign governments and three New Jersey businessmen in a complex bribery scheme that allegedly spanned from 2018 to 2023.
"Public servants are expected to serve the public," said Assistant U.S. Attorney Lara Pomerantz on Wednesday. "He was powerful. He was also corrupt. For years, Robert Menendez betrayed the people he was supposed to serve by taking bribes. And what was his price? Gold bars. Envelopes stuffed with cash. Checks for a bogus job for his wife. A Mercedes-Benz convertible."
Weitzman tried to distance his client from Nadine Menendez, saying the two live mostly separately lives. Nadine Menendez is expected to be a key player in the senator's trial.
Menendez is being tried alongside two of the businessmen — Hana, owner of the halal meat company IS EG Halal, and Daibes, a real estate developer. All three have pleaded not guilty. Uribe pleaded guilty in March and confessed to buying Menendez's wife a $60,000 Mercedes convertible to influence the senator.
- Who is Nadine Menendez? Sen. Bob Menendez's wife is at center of corruption allegations
The judge in the case determined earlier this week that a psychiatrist who evaluated Menendez will not be allowed to testify about "two significant traumatic events" in the senator's life that his lawyers claim explains why investigators found hundreds of thousands in cash in his home.
- In:
- Bob Menendez
Caitlin Yilek is a politics reporter at cbsnews.com and is based in Washington, D.C. She previously worked for the Washington Examiner and The Hill, and was a member of the 2022 Paul Miller Washington Reporting Fellowship with the National Press Foundation.
TwitterveryGood! (34)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Iran's morality police to resume detaining women not wearing hijab, 10 months after nationwide protests
- Meet Ukraine's sappers, working to clear ground retaken from Russian troops who mine everything
- Kelli Giddish Is Returning to Law & Order: SVU After Season 24 Exit
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Hot weather could be getting in the way of good sleep, a new study finds
- An estimated 45,000 people have been displaced by a cyclone in Madagascar
- A new study predicts a huge increase in catastrophic hurricanes for the northeastern U.S.
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Bonus Episode: Consider the Lobstermen
Ranking
- 'Most Whopper
- Mystery object that washed up on Australia beach believed to be part of a rocket
- Remembering Every Detail of Jenna Johnson and Val Chmerkovskiy's Dance-Filled Wedding
- Milan Kundera, The Unbearable Lightness of Being author and former dissident, dies at 94
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Jamie Foxx Suffers Medical Complication
- U.S. rejoins UNESCO: It's a historic moment!
- As carbon removal gains traction, economists imagine a new market to save the planet
Recommendation
Meta donates $1 million to Trump’s inauguration fund
South Korea flood death toll hits 40, prompting president to vow climate change prep overhaul
Last Day To Save Up to 50% On Adidas Shoes, Clothes, and Accessories
Green Book Actor Frank Vallelonga Jr.’s Cause of Death Revealed
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Extreme weather in the U.S. cost 688 lives and $145 billion last year, NOAA says
Megadrought fuels debate over whether a flooded canyon should reemerge
Watch Kris Jenner Yell at Assistant James Corden for Showering in Kylie Jenner's Bathroom