Story highlights Prosecutors are preparing charges against New York lawmaker

FBI has been investigating the Republican for two years

Case centers on business dealings and his campaign for Congress in 2010

Grimm's lawyer says the congressman asserts his innocence, and will be vindicated

Federal prosecutors are preparing to announce criminal charges against Rep. Michael Grimm, capping a two-year FBI investigation that ranges from his business dealings to his first campaign for Congress in 2010, according to his lawyer and U.S. officials briefed on the matter.

In recent months, public attention has focused on the 44-year-old House member's campaign donations after a friend and donor was charged with funneling illegal contributions to Grimm's campaign four years ago.

The former FBI agent and two-term Republican lawmaker from New York made headlines when he was shown on camera threatening to throw a reporter over a Capitol Hill balcony after an interview following the State of the Union address in January.

A former Marine, Grimm represents Staten Island and parts of Brooklyn.

The U.S. attorney's office in Brooklyn declined to comment on the expectation that charges could be filed as soon as next week.

JUST WATCHED Congressman attacks reporter on live TV Replay More Videos ... MUST WATCH Congressman attacks reporter on live TV 00:50

An attorney for Grimm, William McGinley, said in a statement to CNN that the "U.S. Attorney's Office has disclosed its intent to file criminal charges" against the congressman, and that Grimm "asserts his innocence of any wrongdoing."

McGinley said that "we are disappointed by the government's decision, but hardly surprised," and that Grimm would remain in office and would be vindicated.

He added that the investigation has been "plagued by malicious leaks, violations of grand jury secrecy, and strong-arm tactics," saying that "from the beginning, the government has pursued a politically driven vendetta against Congressman Grimm and not an independent search for the truth."

Prosecutors are in discussions with Grimm's attorney to make arrangements for the congressman to turn himself in to face charges, according to officials briefed on the matter.

Such arrangements are common in cases involving lawmakers, rather than having agents making a surprise arrest.

Prosecutors in New York and the Justice Department's public integrity section in Washington have been reviewing details of the case against Grimm in recent weeks, and have decided to proceed with charges, the officials said.

Charges are expected to relate to Grimm's previous business dealings and alleged false statements he provided when questioned by the government about them. Precise details couldn't be learned.

Investigators have previously focused on Grimm's involvement with a former donor and ownership of a Manhattan restaurant, Healthalicious. The donor, Ofer Biton, has pleaded guilty to filing false documents in an investor visa application.

If prosecutors bring charges, they will have to do so without the help of a Grimm donor and friend, Donna Durand, who hasn't provided the testimony against the lawmaker that prosecutors sought, her lawyer said.

Attorney Stuart Kaplan said negotiations with the government have failed to produce a deal, and Kaplan now expects them to secure an indictment against Durand.

"The government made clear the door is open. They would like her to come in and talk about Michael Grimm," said Kaplan. "She just doesn't have anything, she can't make it up."

Kaplan said Durand had a long-distance and strong friendship with Grimm and didn't intend to violate campaign finance laws when she organized and reimbursed donations beyond campaign-finance limits.

He said she was "not a sophisticated person" and had not been involved in campaign finance, and that any errors she made were because "she was trying to help someone she cared about."

The investigation into campaign finance is still ongoing.