Updated 10/12/2012 08:37 PM
Espada pleads guilty to tax fraud
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NEW YORK -- Former New York State Senator Pedro Espada Jr. pleaded guilty Friday to tax fraud charges as part of a deal with federal prosecutors.
Appearing in Brooklyn federal court, Espada Jr. admitted to filing a false tax return in misrepresenting his income while his son, Pedro G. Espada, admitted to not filing a tax return when he should have as well as one count of theft.
The former Democratic conference leader was convicted in May of looting $450,000 from the Soundview Health Center in the Bronx.
However, the jury could not reach a verdict on the additional theft charges against him.
The panel also deadlocked on the charges against his son.
Friday's plea resolves the charges against both men, including tax evasion charges they face in Manhattan.
"With the guilty pleas of Pedro Espada Jr. and his son Pedro Gaultier Espada we can finally declare the Espada era is over," said U.S. Attorney for the Eastern District of New York Loretta Lynch. "Now as you all will recall in May of this year Espada was convicted of looting Soundview health clinics in the Bronx of federal funds, funds that were meant to provide healthcare services for a desperately poor community."
"We have accepted responsibility and we're moving on with our lives. I am a husband, a father and grandfather. And my family is important as much as they have always been there for me I hope to be there for them today, tomorrow and always,' Espada Jr. said.
The elder Espada already faces 10 years in prison stemming from his earlier conviction.
He will remain free on bail until sentencing early next year.