Categorized | Newswire

Father and son plead not guilty

Pedro G. Espada joined his father, former state Sen. Pedro Espada Jr. in Brooklyn Federal Court Tuesday where the two plead not guilty to a new indictment of tax evasion.

The duo is charged with filing faulty tax returns and falsely reporting hundreds of thousands of dollars of expenses from Espada Jr.’s company. The pair is also charged with conspiracy to commit wire fraud and embezzling more than $500,000 from the company to pay for Broadway tickets among other frivolities.

Espada Jr.’s company, Community Expansion Development Company, is a janitorial firm servicing health-care clinics in the Bronx.

The trial is scheduled for Sept. 12 in federal court. (NYDailyNews)

Leave a Reply