Jun 24, 2026
A 13-count indictment charging fraud, bribery, money laundering, obstruction of justice, and tax fraud was unsealed in Brooklyn federal court. Prosecutors allege Carone used his position as chief of staff to steer an emergency shelter contract worth $6,825,000 to the Microtel Inn in Long Island City, Queens, in exchange for about $120,000 in bribes from Zhu and Chen, routed through a bank account controlled by his brother Anthony's law firm. All four defendants pleaded not guilty before Magistrate Judge Marcia Henry and were released on bail, with Carone held on a $2 million bond and Zhu on an $8 million bond.
Gothamist
The City Reporter