Rep. Michael Grimm charged with fraud

WASHINGTON, DC - JANUARY 02: U.S. Rep. Michael Grimm (R-NY) speaks to the media prior to a meeting regarding the Sandy aid bill with Speaker of the House Rep. John Boehner (R-OH) January 2, 2013 on Capitol Hill in Washington, DC. The House Republican leadership was criticized for not acting on the Senate passed legislation for Hurricane Sandy disaster aid. (Photo by Alex Wong/Getty Images)
WASHINGTON, DC - JANUARY 02: U.S. Rep. Michael Grimm (R-NY) speaks to the media prior to a meeting regarding the Sandy aid bill with Speaker of the House Rep. John Boehner (R-OH) January 2, 2013 on Capitol Hill in Washington, DC. The House Republican leadership was criticized for not acting on the Senate passed legislation for Hurricane Sandy disaster aid. (Photo by Alex Wong/Getty Images)

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    Rep. Michael Grimm charged with fraud

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U.S. Attorney Loretta Lynch outlines a 20 count indictment, including fraud charges, against Rep. Michael Grimm (R-NY).