Brooklyn real estate mogul pleads guilty in campaign finance scheme linked to Mayor Eric Adams

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Brooklyn real estate mogul pleads guilty in campaign finance scheme linked to Mayor Eric Adams
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Erden Arkan pleaded guilty to a conspiracy charge Friday alleging that he worked with a Turkish government official to funnel illegal campaign contributions to Mayor Eric Adams.

A Brooklyn real estate magnate pleaded guilty Friday to working with a Turkish government official to funnel illegal campaign contributions to New York City Mayor Eric Adams .Erden Arkan, 76, admitted Friday in Manhattan federal court to reimbursing employees of his construction firm for donations made to Mayor Adams’ campaign. The donations were then used to fraudulently obtain public matching funds under the city’s campaign finance program.

Adams then allegedly used those funds to fraudulently obtain public money under the city’s matching funds program, which provides a generous match for small-dollar donations, prosecutors allege.Arkan is the first individual to pubically plead guilty in a sprawling federal indictment brought against Adams in September.

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