Earlier this year federal prosecutors hit New York Assembly Speaker Sheldon Silver with corruption charges for allegedly taking $4 million in bribes, and now the disgraced politician's son-in-law Marcello Trebitsch is accused of running a Ponzi scheme in an unrelated case as reported by the New York Post: "Marcello Trebitsch, who’s married to Silver's daughter, Michelle Trebitsch, allegedly promised his victims double-digit returns with very low risk before the scam collapsed last December."
Last year New York power broker and Silver pal William Rapfogel pleaded guilty to stealing millions from the Metropolitan Council on Jewish Poverty which he headed for years as then reported by Shayna Jacobs for the Daily News:
He and his cronies inflated insurance payments they claimed Met Council owed and pocketed the difference with the help of an insurance man, he admitted. Some of those funds were used to donate to politicians' campaigns to gain support for the charity, but there is no indication any of the public officials knew the money was tainted.
Rapfogel's wife Judy is Silver's chief of staff.
Further reading that may be of interest: