New York Post

‘Cop-bribe’ figure ’fesses to Ponzi

- By KAJA WHITEHOUSE kwhitehous­e@nypost.com

A Harlem restaurate­ur with ties to the NYPD corruption probe dodged a trial — and an expected showdown with his former partner-turned-rat — by pleading guilty on Thursday.

Hamlet Peralta, former owner of the Hudson River Cafe, admitted in Manhattan federal court to duping unsuspecti­ng investors into giving him millions of dollars to run a fake wholesale liquor business.

Peralta used some of the money to renovate his restaurant, which was a popular hangout with NYPD brass, some of whom later came under FBI scrutiny in the bribery probe.

By copping to the plea, Peralta avoided a trial in which Jona Rechnitz — the government’s star witness in a case involving two NYPD cops accused of accepting bribes in exchange for official police favors — was expected to testify.

Rechnitz also was tied to the government’s now-defunct probe into Mayor de Blasio’s fund-raising, and he will testify in a brib- ery case against former city prison-guard union head Norman Seabrook.

Rechnitz could have been called to testify because he acted as a recruiter for Peralta’s liquor business, although he has denied knowing it was a Ponzi scheme.

Peralta’s lawyer, Cesar de Castro, had been expected to seek to paint Rechnitz as a loan shark who charged Peralta exorbitant interest rates.

When Peralta started having trouble paying off Rechnitz’s loans, Rechnitz engaged in a life-insurance scheme that would have paid him millions of dollars if Peralta died, sources have told The Post.

This prompted Peralta to fear Rechnitz wanted him killed, sources said.

 ??  ?? HAMLET PERALTA Avoids trial showdown.
HAMLET PERALTA Avoids trial showdown.

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