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.
At least four of the gold bars discovered by investigators can be linked to Daibes, both because of their unique engraved serial numbers and thanks to court documents related to a 2013 robbery which Daibes was a victim of, an NBC New York investigation revealed Monday. In November 2013, four assailants beat and robbed Daibes at gunpoint in his Edgewater, New Jersey, apartment, stealing 22 gold bars, jewelry and cash.
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