Giuliani Associate Pleads Guilty

An associate of former President Donald Trump‘s personal attorney Rudy Giuliani asked a judge to let him change his plea to guilty on a conspiracy charge that could put him behind bars for at least a year.

Lev Parnas, a Ukraine-born businessman, pleaded not guilty to wire fraud conspiracy in November. Parnas and his co-defendant, David Correia, were accused of conning investors into giving more than $2 million to an oddly named insurance business, Fraud Guarantee. Prosecutors say Parnas and Correia funneled most of those funds to themselves for personal and political use.

At least $500,000 was used to pay Giuliani, who has not been accused of any crime in the Fraud Guarantee case. Parnas asked Giuliani to work as a consultant for Fraud Guarantee and then touted his involvement when courting investors, prosecutors said.

Correia pleaded guilty to the same conspiracy charge in February 2021 and was sentenced to a year in prison.

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