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Rep. Michael Grimm To Step Down After Admitting To Tax Evasion [VIDEO]

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Rep. Michael Grimm disclosed late Monday that he intent to quit, one week after the Republican Staten Island congressman admitted to federal tax evasion.

Grimm, who was re-elected to a third term representing New York’s 13th District in November, said in a statement that he would step down effective Jan. 5.

“This decision is made with a heavy heart, as I have enjoyed a very special relationship and closeness with my constituents, whom I care about deeply,” he said. “The events which led to this day did not break my spirit, nor the will of the voters. However, I do not believe that I can continue to be 100% effective in the next Congress, and therefore, out of respect for the Office and the people I so proudly represent, it is time for me to start the next chapter of my life.”

Grimm pleaded guilty on Dec. 23 in federal court in Brooklyn to one count of aiding in the filing of a false tax return. He had been accused of hiding more than $1 million in sales and wages while running a Manhattan health-food restaurant.

Under the plea agreement, he could face up to three years in federal prison. His sentencing is set for June 8.

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