Federal crime? No. Corrupt? Absolutely. The whole thing smacks of contempt for "the little people."
The charges should have been dismissed once the star witness for the prosecution -- the mayor of Fort Lee who was allegedly the target of the retribution -- admitted under cross-examination that all of the stories he had been telling in the press (including a letter to the editor that was published in the Newark Star-Ledger) about the whole episode weren't true.