McLaughlin pleads guilty to racketeering
Stephen Stirling, Times Ledger
Former state Assemblyman Brian McLaughlin, a former labor leader who once had mayoral aspirations, pleaded guilty to federal charges of racketeering and making false statements Friday in federal court in Manhattan.
According to the U.S. attorney's office for the Southern District, McLaughlin, 55, signed a plea deal that will recommend he serve between eight and ten years in prison. Judge Richard Sullivan is not bound to the details of the plea deal, however, and will have the final say at McLaughlin's sentencing, scheduled for Sept. 12.
McLaughlin pleaded guilty to one count of racketeering and one count of making false statements on a loan application, according to the plea agreement. He faces a maximum of 30 years in prison for the racketeering charge, and another 20 years in prison for the false statements charge.
Mclaughlin was freed on $250,000 bail Friday.
McLaughlin was charged by federal investigators in 2006 with stealing more than $2 million from city unions, nonprofits, his own campaign committee and the Electchester Little League, according to an 186-page, 43-count indictment filed by the U.S. attorney's office in Manhattan.