He was once a rising star in the NYPD — and a finalist to be Mayor de Blasio’s police commissioner.
But Chief of Department Philip Banks stunned city leaders when he resigned in late 2014, rather than take a promotion to the No. 2 spot in the department.
Now, The Post can reveal that Banks was the target of an ongoing federal corruption probe when he walked away from his job as one of the most powerful men on the force.
Investigators found “hundreds of thousands” of dollars in his bank accounts that raised red flags, sources said on Wednesday.
“He did bow out in kind of a strange manner,” said a source involved with the investigation.
The feds discovered the money while looking into his close relationship with two businessmen being probed for giving gifts to high-ranking NYPD members in exchange for favors.
“Banks had collected an inordinate amount of cash,” a source familiar with the case said. “Which begged the question, where is he getting this money? How is he getting it?”
“We were hearing about alleged gifts and all of these trips he was taking,” the source said.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
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