Featured image of post Rudy Giuliani associate pleads guilty in fraud scheme

Rudy Giuliani associate pleads guilty in fraud scheme

NEW YORK (AP) — An associate of Rudy Giuliani pleaded guilty Friday to a conspiracy charge alleging that he defrauded investors in a company supposedly created to prevent people from being defrauded.

· 2194 points

NEW YORK (AP) — An associate of Rudy Giuliani pleaded guilty Friday to a conspiracy charge alleging that he defrauded investors in a company supposedly created to prevent people from being defrauded.

Highlights

  • Lev Parnas, 50, entered the plea to conspiring to commit wire fraud during a remotely held electronic proceeding in Manhattan federal court.
  • The plea came months after the Soviet-born businessman was convicted of campaign finance crimes at a Manhattan trial.
  • He said he was “wrong at the time and I am truly sorry for my actions, your honor.
  • The judge set sentencing for June 29.
  • In October 2020, codefendant David Correia, a former golf professional, pleaded guilty in connection with the same fraud.
  • Parna and another man used false claims to induce at least seven investors to contribute between $200,000 and $500,000.