Smith was one of 44 individuals arrested on July 23, 2009, as part of
Operation Bid Rig, a joint operation of the
FBI,
IRS, and the
U.S. Attorney's Office for the District of New Jersey into
political corruption and
money laundering. Smith was charged with accepting $15,000 in bribes in exchange for obtaining approval of building plans. Despite call for Smith's resignation from Governor
Jon Corzine and others, Smith has said that he would remain in office. In a letter sent to Assembly Speaker
Joseph J. Roberts on August 6, 2009, Smith stated, "I believe that the resignation of my position as assemblyman is inconsistent with the presumption of innocence." Roberts, however, has said that he would suspend Smith's pay and benefits. On February 9, 2010, Smith was indicted for receiving $15,000 in bribes from a government informant. He pleaded not guilty and planned to use an
entrapment defense for the federal trial, scheduled to begin on November 29, 2010. After a three-week trial, Smith was acquitted of all charges on December 16, 2010. ==References==