In
SDNY Norman Seabrook Sentenced to
58 Months in Prison and Restitution
of Union Funds But
Bail Pending Appeal
By Matthew
Russell Lee, Periscope,
Update
NEW YORK CITY,
February 8 – Norman Seabrook,
former head of the NYC
Corrections Officers union,
was sentenced on February 8 by
the U.S. District Court for
the Southern District of New
York to 58 months in prison
and ordered to pay $19 million
in restitution, jointly and
severally with the hedge
funders he was convicted of
taking briber from to street
union money to their fund.
But at the end of
the more than two hour
proceeding Seabrook appeared
to win the right to remain
free on bail pending appeal
from SDNY Judge Alvin K.
Hellerstein.
Afterward on Worth Street
Inner City Press asked
Seabrook about the victim
statement urging Judge
Hellerstein to search YouTube
for a video of him calling the
union's members racial
derogatory terms. Seabrook
told Inner City Press that
people can doctor video. His
(actual) answer on Periscope here.
Seabrook's lawyer
Paul Shechtman also spoke
after the sentencing. Inner
City Press asked him about
Judge Hellerstein's seeming
reversal of an initial
position that it would be hard
to leave Seabrook out on bail
pending appeal. Shechtman
replied affably that he had to
win something, after the 58
month sentence. Video here.
Inner City Press
asked Shechtman about the
restitution, how much would be
paid by hedge funders Murray
Huberfeld, Jona Rechnitz
and perhaps (Judge Hellerstein
indicated) Jeremy Reichberg.
Shechtman told Inner City
Press, If Norman wins $19
million in the lottery, we'll
have about that. For now,
$2500 is due in 60 days,
through the SDNY Clerk, for
the union. We'll have more on
this - in fact, we already
have,
here.
Upcoming in the
SDNY is a recently-filed
complaint by the Bangladesh
Central Bank for the $81
million hacking of its funds,
which were then wired through
the Federal Reserve Bank of
New York, a case
that Inner City Press will
cover. Times change. Watch
this site.
***
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