spot_imgspot_img

Adams stockpiles defense funds amid federal probe

spot_img

(The Center Square) — New York City Mayor Eric Adams has raked in hundreds of thousands of dollars for a legal defense fund amid an ongoing federal probe into his campaign’s financial dealings.

The mayor created Eric Adams Legal Defense Trust in November in response to a federal investigation looking into whether the Democrat’s campaign conspired to avoid finance rules by funneling donations from the Turkish government. He also hired a private attorney.

To date, the fund has collected more than $725,000 for Adams’ legal costs, including $625,000 by Dec. 31, Vito Pitta, an attorney for the fund, has told several news outlets.

Under campaign finance rules, Adams can use the fund to raise money for legal fees without violating city laws on receiving gifts. Adams can accept contributions of up to $5,000 for legal fees, but donors must be disclosed. City employees are prohibited from donating to the fund.

Federal agents raided the home of Breanna Suggs in early November as part of an investigation into whether Adams’ 2021 mayoral campaign conspired with a Brooklyn-based construction company to funnel foreign money into the campaign by way of a straw donor scheme. Suggs served as a chief fundraiser for Adams’s 2021 gubernatorial campaign.

Investigators also seized Adams’ electronic devices, including two cell phones and an iPad, as part of the investigation.

Adams denies any wrongdoing and claims that his campaign “followed the rules” during his run for mayor. He noted that neither he nor Suggs had been accused of crimes by state or federal authorities.

Adams, up for reelection in two years, also faces a probe by Manhattan District Attorney Alvin Bragg, whose office announced several months ago it was investigating allegations that donors used Adams’ mayoral campaign to make donations for political influence.

In September, Adam’s former city buildings commissioner, Eric Ulrich, was arrested and charged with using his position to get political favors and provide access to the mayor in exchange for cash and other bribes, according to state prosecutors. Ulrich and other co-defendants in the case have pleaded not guilty.

Adams denied involvement in the alleged crimes, which did not directly implicate his mayoral campaign or administration.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Biden Looks to Tackle High-Cost Diet Drugs

(AURN News) — The Biden administration on Tuesday proposed...

Wisconsin receives $32M to study DOT carbon impact

(The Center Square) – Nearly $32 million in federal...

Proposed littering ordinance could see Spokane property owners paid for cleanup

(The Center Square) – Spokane is considering an ordinance...

Congressmen urge approval for updates to Newport News-Williamsburg airport

(The Center Square) — The Newport News-Williamsburg International Airport...

Hochul signs domestic violence bill

(The Center Square) — Gov. Kathy Hochul has signed...

Ayotte creates public safety task force

(The Center Square) — New Hampshire's Republican Gov.-elect Kelly...

Michigan GOP outlines $2.7B revenue-neutral funding plan for local roads

(The Center Square) – With a road fiscal cliff...

More like this
Related

Biden Looks to Tackle High-Cost Diet Drugs

(AURN News) — The Biden administration on Tuesday proposed...

Wisconsin receives $32M to study DOT carbon impact

(The Center Square) – Nearly $32 million in federal...

Proposed littering ordinance could see Spokane property owners paid for cleanup

(The Center Square) – Spokane is considering an ordinance...