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Giuliani: 'I Know Exactly Where the Money Came From'

He defends $500K contract with company founded by Lev Parnas, now indicted
By John Johnson,  Newser Staff
Posted Oct 15, 2019 2:10 PM CDT
In this Aug. 1, 2018, file photo, Rudy Giuliani, an attorney for President Trump, speaks in Portsmouth, N.H.   (AP Photo/Charles Krupa, File)
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(Newser) – Rudy Giuliani may be a metaphorical "hand grenade"—as former White House official John Bolton thinks—but he is a handsomely paid hand grenade for sure. Reuters reports that Giuliani collected $500,000 last year for work with a company co-founded by a Ukrainian-American associate, Lev Parnas. If that name rings a bell, it's because Parnas was one of two Giuliani associates arrested last week on campaign finance charges. The new disclosure of Giuliani's pay from Parnas' Florida-based Fraud Guarantee company doesn't suggest any wrongdoing, though Reuters notes that prosecutors are digging into the various interactions Giuliani had with Parnas and the other indicted man, Igor Fruman.

  • In defense: The payment is above-board, Giuliani tells the Washington Post. “I know exactly where the money came from. I knew it at the time,” he tells the newspaper. “I will prove beyond any doubt it came from the United States of America.”
  • His services: Parnas' company Fraud Guarantee says it helps clients "reduce and mitigate fraud," and it contracted with Giuliani Partners in part so Giuliani could offer legal advice on regulatory matters, per Reuters. Giuliani tells the Post that $500,000 is relatively cheap. "Some of our contracts are two or three million dollars."

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