NBC News reports:
Federal prosecutors have brought new charges against Lev Parnas, a former associate of Rudy Giuliani, accusing him of duping investors in a company called Fraud Guarantee. A superseding indictment unsealed Thursday says that Parnas and a second man, David Correia, convinced investors to hand over more than $2 million between 2012 and 2019 for a new venture they said would provide fraud protection services.
The two men instead distributed the money to their personal accounts, spending $30,000 on luxury car leases and an unspecified amount on their rents and other personal expenses, according to the indictment brought by New York prosecutors. “We couldn’t say it better ourselves – the behavior alleged today is indeed fraudulent – guaranteed,” FBI Assistant Director Bill Sweeney said in a statement.
From the Justice Department:
The Superseding Indictment returned today – in addition to charging PARNAS and CORREIA with conspiracy to commit wire fraud – charges CORREIA with making false statements to and falsifying records to obstruct the administration of a matter within the jurisdiction of the FEC; charges PARNAS, FRUMAN, and CORREIA with soliciting a foreign national to make donations and contributions in connection with federal and state elections; and charges PARNAS, FRUMAN, and KUKUSHKIN with aiding and abetting the making of donations and contributions by a foreign national in connection with federal and state elections.
Lev Parnas, an associate of Rudy Giuliani who helped collect dirt on President Trump’s rivals, is facing new federal charges of duping investors. https://t.co/ySemYSi5I6
— The New York Times (@nytimes) September 17, 2020
NEW: Lev Parnas and David Correia, former associates of Rudy Giuliani who were at the heart of Donald Trump’s impeachment scandal, were charged with conspiring to defraud investors via an insurance company titled “Fraud Guarantee” https://t.co/ybj306cZ2H
— The Daily Beast (@thedailybeast) September 17, 2020