Former Moreno Valley City Councilman Marcelo Co pleaded guilty Monday, Jan. 13, to accepting a record $2.36 million bribe from an undercover FBI agent in exchange for a promise to rezone land to make its value skyrocket.
The bribe was the largest a public official has ever accepted in a U.S. sting operation, authorities said. Co also promised to deliver City Council votes to the agent and a businessman who was working with the FBI if they would make campaign contributions, according to a federal affidavit. Co, 65, appeared with his attorneys in a federal courtroom in downtown Riverside, where he entered the guilty plea as part of a deal with prosecutors to cooperate in a separate political corruption investigation underway in Moreno Valley.
Full Story, Press Enterprise | By John Asbury | January 13, 2014