- Associated Press - Thursday, October 27, 2016

NEW YORK (AP) - A former Palm Beach County, Florida, school board official has pleaded guilty to a federal charge in New York City.

Other charges against Michael Murgio related to a bribery case are being dropped in exchange for the plea to attempting to obstruct examination of a financial institution.

He entered the plea Thursday in Manhattan federal court in a deal with prosecutors calling for a sentence of up to a year and four months in prison.

The 65-year-old Murgio was on the school board when he was arrested in April by the FBI.

Murgio told a judge he knew what he was doing was wrong when he tried to mislead a financial probe.

His son is awaiting trial on charges he ran an unlicensed bitcoin exchange to help criminals launder money.



Click to Read More

Click to Hide