'Gold Bar' Bob Menendez to finally resign from the Senate after he was convicted of getting bribes in piles of cash and sports cars READ MORE: Grimacing Sen. Bob Menendez spotted with hemorrhoid creme By Jon Michael Raasch, Political Reporter On Capitol Hill, For Dailymail.Com Published: 22:09, 23 July 2024 | Updated: 22:10, 23 July 2024 e-mail 1 View comments Convicted New Jersey Democrat Sen.

Bob Menendez is set to resign his position this summer after being found guilty of over a dozen charges related to corruption. The longtime Garden State lawmaker's drawn out bribery trial ended last week with him being found guilty on all 16 charges. He currently faces up to 222 years in prison for his crimes.

The jury found him guilty of accepting gold bars, cash and a luxury convertible from several New Jersey businessmen in exchange for political favors. The Democrat has vowed to appeal his conviction. But in a bid to salvage some of his credibility, Menendez decided to toss in the towel and wrote in a letter to New Jersey Gov.

Phil Murphy of his plans to resign. Menendez allegedly used his high-profile position as the former Senate Foreign Relations Committee chairman to help one man negotiate a contract with Egyptian officials 'This is to advise you that I will be resigning from my office as the United States Senator from New Jersey, effective on the close of business on August 20, 2024,' Menendez wrote to Murphy on Tuesday. 'This will give time for my staff to transition to other.