Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Trial of Giuliani associates Parnas, Fruman delayed to March 2021

Published 10/08/2020, 01:43 PM
Updated 10/08/2020, 02:06 PM
© Reuters. FILE PHOTO: Combo file picture shows Ukrainian-American businessman Lev Parnas and Russian born businessman Igor Fruman exiting the United States Courthouse in New York

By Jonathan Stempel

NEW YORK (Reuters) - A federal judge on Thursday delayed the criminal trial of two former associates of U.S. President Donald Trump's personal lawyer Rudy Giuliani on campaign finance charges, reflecting difficulties caused by the coronavirus pandemic.

U.S. District Judge Paul Oetken in Manhattan scheduled the trial of Lev Parnas, Igor Fruman and two other defendants for March 1, 2021, one month later than planned and five months after the original Oct. 5, 2020 trial date.

Defense lawyers said a delay was needed because they had large amounts of evidence to review and difficulties meeting with witnesses because of travel restrictions.

The judge also noted that prosecutors issued an amended indictment just three weeks ago, and that the Manhattan federal court has few courtrooms equipped to safely try four defendants, each with his own lawyers.

"Everything is happening more slowly than it otherwise would," Oetken said. He said the courthouse's first two criminal trials since March are scheduled to begin next week.

The Ukraine-born Parnas and Belarus-born Fruman were charged over their alleged use of a shell company to make an illegal $325,000 donation to a committee supporting Trump's re-election.

In the new indictment, prosecutors added charges accusing Parnas and U.S.-born David Correia of conspiring to induce people to plow more than $2 million in their insurance company Fraud Guarantee, but spending much of it on rent, luxury car leasing payments, political donations and other expenses.

Correia and the fourth defendant, Ukraine-born Andrey Kukushkin, also face charges over a separate alleged scheme to channel donations to U.S. politicians from a Russian businessman to support a proposed marijuana business.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The defendants have pleaded not guilty to charges in the original indictment.

Giuliani has not been criminally charged and has denied wrongdoing. He told Reuters last October he was paid $500,000 for work he did for Fraud Guarantee.

The case is U.S. v. Parnas et al, U.S. District Court, Southern District of New York, No. 19-cr-00725.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.