
On September 22, 2023, Robert Menendez, the senior United States Senator from New Jersey, was indicted by federal prosecutors in Manhattan. The indictment alleges that Menendez accepted bribes in exchange for using his political position to benefit three businessmen and the Egyptian government. [AP News] [New York Times] [The Economist]
This market resolves YES if United States Senator Robert Menendez is found guilty of a criminal offense in United States v Menendez (docket no. 23 Cr. 490) by the New York Southern District Court.
The market resolves YES if Menendez accepts a plea bargain in which he pleads guilty to at least one charge. Pleading nolo contendere ("no contest") to a charge is not sufficient to be considered a guilty plea.
The market resolves NO if Menendez is found not guilty of any criminal offense because he is acquitted of the charges or because the case/charges are dismissed.
The market resolves NO if there is a mistrial or hung jury.
In any other outcome besides those listed above, the market will resolve N/A. If none of the outcomes above occur before January 1, 2028, the market will resolve N/A.
This market pertains only to the proceedings, verdict, and resolution by the New York Southern District Court of the specific case referenced above. Any appeals, referrals, retrials, or subsequent legal proceedings are beyond the scope of the market.
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