Michael Grimm Resigns from Congress

Rep. Michael Grimm announced late Monday night plans to resign from Congress, after pleading guilty to a felony tax evasion charge last week. The New York Republican admitted a week ago to failing to report more than $900,000 in revenue from a Manhattan restaurant, Healthalicious, that he owned from 2007 to 2010. He also acknowledged lying in a civil case brought by former Healthalicious employees.

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