Federal prosecutors weigh new charges that bring Lev Parnas investigation closer to Giuliani

By Kara Scannell and Erica Orden, CNN
Updated 8:31 AM ET, Mon February 17, 2020

New York (CNN)Federal prosecutors are weighing new charges against associates of Rudy Giuliani in connection with a company that paid him $500,000, according to people familiar with the investigation.

Prosecutors with the US attorney’s office for the Southern District of New York are considering whether to charge Giuliani associate Lev Parnas and at least one of his business partners with misleading potential investors for Fraud Guarantee, the Florida-based company that paid Giuliani, President Donald Trump’s personal attorney, these people say. Parnas co-founded Fraud Guarantee with the idea of providing insurance to companies to protect against fraud.

The scrutiny of Fraud Guarantee brings the investigation closer to Giuliani, Trump’s vocal defender, and raises questions about what role the former mayor played, if any, in the marketing of the company. A lawyer for Giuliani said his client never had any conversations about investor pitches or marketing with Parnas or his business partner David Correia.


Article URL : https://www.cnn.com/2020/02/17/politics/sdny-weighs-new-charges-fraud-guarantee/index.html

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