GOP Rep. Michael Grimm pleads guilty to tax fraud

Prosecutors alleged Grimm employed a number of immigrant workers who did not have legal status to work in the U.S., and paid them in cash — wages that were not reported to the government. He also allegedly “substantially under-reported” the restaurant’s gross receipts, lowering its taxes.

Grimm said at the time he was being wrongly accused but asked House Speaker John Boehner to take him off the House Financial Services Committee until his federal case was resolved.