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FBI Informant at Center of New York City Bribery Case Has Own Big Troubles

Steve Neavling
ticklethewire.com

The FBI informant who provided vital information about an alleged bribe to get a state senator on the New York City mayoral ballot has his own troubles, NBC 4 New York reports [2].

NBC 4 identified the informant as real estate developer Moses Stern, 40, who is accused of orchestrating a fraudulent real estate deal totaling more than $100 million. 

Authorities allege Stern owes most of the money to Citigroup, NBC 4 reported.

“We’re gratified to hear the Mr. Stern is cooperating with law enforcement on this important corruption investigation and hope that as part of his deal, the government will insist that he come clean about the 2007 real estate fraud as well,” said Craig Missakian, general counsel for Amusement Industry, which is allegedly owed $13 million.

Stern helped the FBI uncover a bribery plot [3] by State Sen. Malcolm Smith.