Ex-NYPD union boss accused of stealing hundreds of thousands from union to fund 'lavish...

Former New York City police union president Ed Mullins was charged with fraud on Wednesday, accused of stealing hundreds of thousands of dollars from the union and spending it on a "lavish lifestyle."

The charge against Mullins comes following a raid last year on his home and union office. He resigned in October as head of the Sergeants Benevolent Association (SBA) and retired from the NYPD in November following the raids.

The FBI confirmed that Mullins was in custody as of midmorning Wednesday.

The U.S. Attorney's Office for the Southern District of New York later announced that Mullins was charged with a count wire fraud. He's accused of stealing hundreds of thousands of dollars of the union's money through fraudulent expense reports.