In what could be an ominous development for former Correction Officers Benevolent Association President Norman Seabrook, a former hedge-fund operator who had been charged with paying him a $60,000 bribe in return for his leading the union to invest $20 million in the fund pleaded guilty May 25 to conspiracy to commit wire fraud in connection with the scheme.
Murray Huberfeld faces up to five years in prison when he is sentenced on Sept. 14, according to Geoffrey S. Berman, the U.S. Attorney for the Southern District of New York, which prosecuted the case.
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