By JULIA JACOBO
pix11.com | @JuliaTheWriter
3:27 AM PDT, October 12, 2012
Former state Sen. Pedro Espada Jr. and his son, Pedro Gautier Espada, reached a deal with prosecutors over charges that they looted more than $500,000 from the Bronx health-care nonprofit they founded, and father and son are scheduled to plead guilty in Brooklyn federal court today.
The plea deal would resolve the pending retrial in Brooklyn federal court for Espada and Gautier Espada's accused embezzlement from the Soundview Healthcare Network. The money was used to fund a lavish lifestyle and a Manhattan federal court case that accused the pair of failing to pay taxes on that money.
Terms of the plea deal have not yet been released. The deal could include a reduction in the number of charges and an agreement on guidelines for a federal prison sentence. Espada's lawyer was quoted saying he expects a resolution for both the Brooklyn and Manhattan cases to be reached today.
The former state Senate majority leader was convicted of four criminal counts in May by a Brooklyn federal court jury. The jury deadlocked on four other counts and the same eight counts his son faces. The retrial for Gautier Espada, 38, was set to start on Nov. 5. Espada, 58, was set to face up to 40 years and prison and will have a stack of legal bills to pay for the retrials.
The news regarding the end of both cases was announced by Brooklyn federal Judge Frederic Block.
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