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EPISODE · Jun 24, 2026 · 1 MIN

Frank Carone Arrested on Bribery Charges

from Real Estate News Today | 2 Min News | The Daily News Now!

Brooklyn power broker Frank Carone, ex-chief of staff to Mayor Eric Adams, was arrested at his Manhattan home on federal bribery charges, with an indictment expected soon—possibly tied to a migrant shelter contract. His brother Anthony, hotel owner Yan Po Zhu, and Zhu’s employee Crystal Chen were also taken into custody. The probe, which began in January and intensified after May subpoenas targeting Carone’s post-City Hall consulting firm Oaktree Solutions, centers on real estate deals and business ties. Carone, who denied wrongdoing and blamed political envy, once helped Adams win office and now faces scrutiny over his lucrative post-government ventures. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4ba3bcc1e09c7099

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