NYC Mayor de Blasio Fundraising Under Investigation

NYC Mayor de Blasio Fundraising Under Investigation

NYC Mayor de Blasio Fundraising Under Investigation

Grand juries (2) are hearing testimony in connection with federal and state criminal investigations into NYC Mayor Bill de Blasio’s campaign fundraising.

The grand jury action was the strongest indication that prosecutors could be moving closer to one or more indictments.

Mayor De Blasio, a Democrat, and several senior aides are at the center of the inquires, according sources.

The state investigation is looking into whether Mr. de Blasio and others violated election laws by raising money and funneling it through upstate Democratic county committees to help elect state Senate candidates and take control away from the GOP in the Y 2014 election, their efforts failed.

State prosecutors appear to be centering on 3 campaign aides.

The NY-T’s says the separate federal probe is looking into whether the Mayor or his aides took beneficial action on behalf of donors in exchange for contributions made to his Y 2013 campaign.

It noted both grand juries were operating in secret and few details are available, the investigations are on going.

Mr. De Blasio was asked at a news conference whether he or any of city employees had been called to testify before a grand jury.

“I have not been asked to testify before a grand jury,” he said. “I can’t speak to other people.”

Have a terrific weekend.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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