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In 2018, seven employees of two medical companies in New Jersey began donating thousands of dollars to the campaign treasury of then-Brooklyn Borough President Eric Adams.
They worked for two companies — Ridgewood Diagnostic Lab and Interstate Multi-Specialty Group, both in Hackensack, and owned by Dr. Alexandr Zaitsev, who was among the Adams donors.
They each gave what was then the maximum amount, $5,100, or close to it, to the campaign account for Adams between April 19 and Nov. 29, 2018, Campaign Finance Board records show.
At the time, Adams had not officially declared he was running for mayor.
Ridgewood, Zaitsev and two other of the Adams donors are now defendants in a lawsuit filed by GEICO in September 2020, with the insurance company alleging they and other medical groups billed GEICO for more than $4.5 million in fraudulent claims.
The lawsuit filed in Brooklyn Federal Court and first reported by Bloomberg News, also lays out the two medical companies’ connection to Adams chief of staff Frank Carone, who was a part owner of two limited liability corporations that helped finance their launch.
The employees donated $40,600 to the campaign by the end of 2018.
They were all later refunded more than half of the money after the Campaign Finance Board made changes to the maximum amount for donations when a candidate takes part in a matching-funds program.
GEICO’s lawsuit alleges that Carone, along with his former law partners, father and son Howard and Jordan Fensterman of the firm Abrams Fensterman LLP, used limited-liability companies to advance money to Zaitsev and other medical companies as they waited for insurance claims to process.
After fronting the money, the LLCs would be paid back with interest when GEICO paid the no-fault claims, the company alleged in its suit.
The companies that fronted the cash to the medical groups, Financial Vision Group LLC and others with similar names, are owned by Zaitsev and Daniel Kandhorov, according to court documents.
Kandhorov, who lives in Queens, could not be reached for comment.
During his mayoral campaign, Adams opted to take part in the new 8-to-1 matching-funds program — which allows $2,000 per person, with city-funded matching dollars for New York City-based donors.
A spokesperson for Adams, Max Young, said that Carone had nothing to do with the contributions from the mostly Jersey-based donors.
“Mr. Carone was a passive investor in these LLCs, didn’t solicit these donations, never met the donors in question, and had no knowledge that they donated, then or now,” said Young in a statement.
13 comments:
Off to a bad start Eric !
I'm not sure why right-wingers cry so much about corruption. The corrupt right-wing of the Supreme court says that corporations are people and can throw loads of $$ at politicians.
The right-wing of congress has prevented any form of campaign finance reform. Yet you Karens still complain about corrupt Democrats while you vote for the people who enable it.
I'm sure the "Everyone's a commie" drone will spew his/her/its usual nonsense at this "heresy" .
You get what you vote for, Karens!
Can he be recalled ?
@"The corrupt right-wing of the Supreme court"
The only nuts here are the Commies and Soy Boys !
"Dr. Zaitsev graduated from the Russian National Research Medical University"
But he's probably not "Russian," if you get me. Like the "Russian mob." Mostly not Russian. But still, why do we let these people into our once nice nation? It's obvious they're just here to steal whatever they can get their hands on, and incompetent government at all levels makes it easy.
"The corrupt right-wing of the Supreme court"
Liberals always project.
"says that corporations are people and can throw loads of $$ at politicians."
How many decades have Lefties been using this as a talking point? Yet here's the thing. Corporations are woke. Big corporations -- especially those in tech, retail, finance, and media -- are overwhelmingly Democrat and Liberal in their politics and giving. The Dem party is run and owned by a small group of major donors. So this is a typical Liberal lie, which only weak-minded nincompoops believe.
In any case, the real issue in this story isn't the puny contributions to Adams, it's the insurance fraud. Brought to you by upstanding immigrants, the kind Liberals tell us we need more of.
@Can he be recalled? It's called impeachment. We, the People demand it, but will it ever happen? What do you think?
NYC Sux said...
Rising NYC theft is hurting small businesses so bad even the New York Times can't provide cover.
https://www.youtube.com/watch?v=WuzJddEJfcQ&ab_channel=LouisRossmann
The law says corporations are people. Look at the word. Corp. Body. Literally, a body, a legal entity.
Sheeple you can't afford food, but don't worry, he's gonna cure cancer !
Profiting from political connections is a crime??? LOL That is the definition of a NY politician.
NYC Sheeple eat shit and love it, they keep voting blue no matter who.
Adams again takes aim at state bail reform law after Bronx shit attack !
All talk no action, we keed change Eric !
https://nypost.com/2022/03/03/adams-takes-aim-at-bail-reform-law-after-bronx-poop-attack/
@Typical Liberal lie
The Weak-minded Leftoid nincompoops must be sniffing to manny cow farts that AOC is worried about !
If you listen to Eric or his administration then you get what you deserve.
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