From the Daily News:
In Manhattan Federal Court, Martinez admitted he had siphoned off $106,000 in public funds through several ruses, using fake invoices, shell corporations and bogus names on bank accounts.
"I received the monies as a direct result of the conspiracy," he said.
Martinez - who resigned suddenly on Tuesday - pleaded guilty to three federal conspiracy counts, including two involving mail fraud and one involving money laundering.
Under a plea agreement, he faces between 57 and 71 months in prison. He was released on $250,000 bond.
The disgraced pol admitted he was able to carry out the scheme "because I was a New York City councilman."