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Rudy Giuliani associate pleads guilty in fraud scheme

yonkershonda.com / CC BY-SA 2.0

By LARRY NEUMEISTER
Associated Press

NEW YORK (AP) — An associate of Rudy Giuliani has pleaded guilty to a conspiracy charge alleging that he defrauded investors in a company supposedly created to prevent people from being defrauded. Lev Parnas entered the plea Friday during a remotely-held electronic proceeding in Manhattan federal court. Parnas told a judge that he conspired with another person to give investors false information about a business titled “Fraud Guarantee.” The plea comes months after Parnas was convicted of campaign finance crimes at a Manhattan trial. Sentencing for the 50-year-old Parnas was scheduled for June.

Article Topic Follows: AP National Business

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