From NYC Council Watch:
Sources close to the action report that indictments are being prepared against one or more members of Council Member Larry Seabrook's office, possibly including the Member himself.
We have previously discussed the scandal in the Seabrook office regarding the nesting of bogus community operations within City-funded office space, which was then sublet to groups existing in name only. These phony groups then billed the City for their rent, with Member Seabrook or his operatives pocketing the extra money.
The US Attorney's office had no comment either way about the indictments. Neither did the office of Member Seabrook.