CNN, December 15, 2010

Outgoing New York state Sen. Pedro Espada Jr. and his son, Pedro, were charged Tuesday with embezzling $500,000 from a federally funded health care nonprofit, according to a statement from the U.S. attorney for the Eastern District of New York.

Federal prosecutors slapped both men with five counts of embezzlement and one count of conspiracy, the statement said.

Espada served as president and CEO of the Comprehensive Community Development Corp. -- referred to locally as the Soundview Health Care Network -- which receives more than $1 million in federal funding from the U.S. Department of Health and Human Services, it said.

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