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Two Adams allies being eyed by feds for potentially influencing city contracts, taking kickbacks

The feds are eyeing a pair of Mayor Eric Adams’ allies for potentially influencing city contracts and taking kickbacks, The Post has learned — yet another damaging thread in their sweeping corruption and influence-peddling probe, according to law-enforcement sources.

Federal authorities are looking into whether Deputy Mayor of Public Safety Phil Banks — a top Adams aide — had a hand in steering city contracts to companies purportedly represented by his “consultant” brother, the sources said.

Taken together, the firms said to be working with Terence Banks secured millions of dollars’ worth of contracts with the Big Apple, online records showed. They includes app-maker Saferwatch; IT companies such as Derive Technologies and SVAM International; and Mercato, a grocery store delivery app.

Mayor Eric Adams speaking to reporters at his weekly availability in the City Hall Blue Room. William Farrington

Investigators are also looking into Tim Pearson — a retired NYPD inspector and fellow top Adams aide — regarding city contracts he may have had a hand in, and whether any kickbacks were involved, according to the sources.

Both men appear to be caught up in the feds’ dragnet, which last week targeted a litany of high-ranking city officials and close Adams allies, including Police Commissioner Edward Caban, Deputy Mayor for Public Safety Phil Banks, Schools Chancellor David Banks and First Deputy Mayor Sheena Wright.

Agents showed up at their doors with warrants, law enforcement sources said, and seized their electronic devices.

Federal authorities also subpoenaed Pearson’s and Banks’ phones — among several others, law enforcement sources said.

Just a few months ago, Chief Business Diversity Officer Michael Garner boasted during an internal meeting that Pearson — who is in charge of doling out lucrative city contracts for migrant security — gave out 20 such deals in one week alone.

Investigators are looking into Tim Pearson — a retired NYPD inspector and fellow top Adams aide — regarding city contracts he may have had a hand in. Stephen Yang
Federal authorities are looking into New York City Deputy Mayor for Public Safety Philip Banks III for steering contracts to companies purportedly represented by his “consultant” brother. Ed Reed/Mayoral Photography Office

“The mayor wants to make sure the money isn’t going to the same old contractors, so they put Tim Pearson in charge of making sure of that — for the giving out of security contracts of security guards,” Garner recalled, according to a source with knowledge of the situation.

The comments came just days after Pearson was named in an April lawsuit that accused him of always searching for his piece of the migrant contracts — and announcing it by allegedly asking, “Where are my crumbs?”

Pearson — who is involved in three other lawsuits, including a sexual harassment case — allegedly tried to wield his influence in an obscure, newly-created office that oversees city agencies to make a buck, according to the lawsuit.

“Do you know how these contracts work?” the Adams ally allegedly asked some unit employees in October 2022. “People are doing very well on these contracts. I have to get mine. Where are my crumbs?”

Pearson, Phil Banks and Terence Banks did not respond to requests for comment. Their attorneys either declined to comment or did not return The Post’s calls.

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