Menendez’s Home Gold Linked to Robbery

New Jersey Senator Bob Menendez’s legal woes continue to mount as new details emerge about the gold bars found in his home during an FBI raid in June 2022. According to a recent report by NBC News, four of the gold bars seized by authorities have been linked to a 2013 armed robbery at the home of real estate developer and Menendez fundraiser Fred Daibes.

The serial numbers on the gold bars recovered from Menendez’s Englewood Cliffs residence match those reported stolen by Daibes during the 2013 heist, which also saw $500,000 in cash taken. Four suspects were eventually arrested and charged in connection with the robbery, and the stolen gold was recovered. This new information not only directly links Menendez to Daibes, but also suggests a potential motive for the alleged bribery scheme.

Daibes has been accused of bribing Menendez for various favors, including helping to quash a federal prosecution against him. The serial numbers on the gold bars found in Menendez’s home serve as concrete evidence of the connection between the two men, as each bar has its own unique identifier. Additionally, Daibes had signed “property release forms” to claim the stolen gold, certifying that they belonged to him.

Senator Menendez, who has been hit with federal corruption charges, has vehemently denied any wrongdoing and has refused to resign from his position despite pressure from both Democrats and Republicans. The US Attorney’s Office for the Southern District of New York charged Menendez and his wife Nadine with three conspiracy counts related to an alleged “corrupt bribery agreement” that benefited the couple, Daibes, and two other businessmen.

According to the indictment, Daibes gifted Nadine Menendez with two kilogram-sized gold bars worth $60,000 each in March 2022. Daibes’ driver’s fingerprints were later found on an envelope containing thousands of dollars in cash recovered from the senator’s home, further tying the two men together.

In total, authorities seized 13 gold bars and $566,000 in cash from Menendez’s home during the raid. The senator, along with his wife and three other men, are facing serious charges for their alleged involvement in the bribery scheme. If convicted, Menendez could face up to 45 years in prison.

The news of the stolen gold bars found in Senator Menendez’s home has raised even more questions about his relationship with Daibes and the alleged bribery scheme. With the trial set to begin in the coming months, it remains to be seen how this new development will impact the outcome. In the meantime, Menendez continues to maintain his innocence and carry out his duties as a US Senator.