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Pedro Espada charged with looting $14M from his Bronx not-for-profit

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Embattled Bronx politico Pedro Espada Jr. looted a whopping $14 million over the past five years from a non-profit that he runs — including giving himself a $9 million severance package, paying for family vacations to Puerto Rico and hefty bills at sushi restaurants, Attorney General Andrew Cuomo’s office revealed today.

In a lawsuit filed in Manhattan Supreme Court, Cuomo claims Espada diverted charitable assets connected to the Bronx-based Soundview HealthCare Network and used the money for himself, his family and his political operation.

Cuomo said Soundview, which relies heavily on Medicaid dollars with the aim of providing health-care to poor Bronx residents, was Espada’s personal and political piggy bank.

Full story: Pedro Espada charged with looting $14M from his Bronx not-for-profit – NYPOST.com