Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Freetrade looks to shake up the mutual funds market
    • Reps move to protect private investments from ‘adversarial unionism’ after Dangote Refinery strike
    • Investors pull cash from CLO ETFs in biggest outflow since April
    • Dynamic announces October 2025 cash distributions for Dynamic Active ETFs and ETF Series
    • The Celebrity Traitors cast closest bonds and secret connections outside of castle
    • Special Situation Funds rise as India’s next growth driver, turning stressed assets into opportunity
    • How One Board Sparked A Fundraising Shift
    • Bitcoin investors flee ETFs to the tune of $1bn as volatility spikes
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»As Eric Adams’s Problems Mount, His Legal Defense Fund Is Empty
    Funds

    As Eric Adams’s Problems Mount, His Legal Defense Fund Is Empty

    October 16, 2024


    Mayor Eric Adams has a lot to worry about these days, from the five-count federal indictment against him to his dimming re-election prospects next year.

    Now another pressing concern has emerged: His legal defense fund is empty.

    Over the last year, Mr. Adams has spent nearly all of the roughly $1.8 million he has raised to pay for legal expenses related to a federal investigation into his campaign fund-raising, according to a new filing submitted late Tuesday.

    And the pace of the donations has slowed. The mayor has received only one donation since his indictment on Sept. 26 on federal charges of bribery, fraud and soliciting illegal foreign campaign donations. The donation, for $1,000, was from Deborah Robins, who lives in Miami Beach, and who did not respond to a request for comment.

    The defense fund has raised roughly $92,000 since July — less than in other recent periods, according to a quarterly filing with city’s Conflicts of Interest Board. The fund was created in November 2023, when the federal investigation burst into public view and federal agents seized the mayor’s phones.

    Recent donors include James Dolan, who oversees a family empire that includes Madison Square Garden and the Knicks. Mr. Dolan donated $5,000 to the defense fund, as did several of his family members. Daniel Loeb, a prominent hedge fund manager, and his wife, Margaret, donated $10,000.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Special Situation Funds rise as India’s next growth driver, turning stressed assets into opportunity

    October 21, 2025

    Aterian Raises New Funds to Support Mining Projects in Africa

    October 20, 2025

    UK’s biggest pension funds join forces with government to launch Sterling 20 initiative

    October 20, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Reps move to protect private investments from ‘adversarial unionism’ after Dangote Refinery strike

    October 21, 2025

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Freetrade looks to shake up the mutual funds market

    October 21, 2025

    Thursday 02 October 2025 8:00 am  |  Updated:  Thursday 02 October 2025 8:09 am Share Facebook…

    Reps move to protect private investments from ‘adversarial unionism’ after Dangote Refinery strike

    October 21, 2025

    Investors pull cash from CLO ETFs in biggest outflow since April

    October 21, 2025

    Dynamic announces October 2025 cash distributions for Dynamic Active ETFs and ETF Series

    October 21, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    TDS Adds Another Wrinkle To Floating Rate Savings Bonds 

    August 18, 2024

    Trump administration grant funds major repairs at Yosemite National Park

    August 30, 2025

    Investors Rush Into Junk Corporate Bonds As Fed Rate Cut Speculation Goes Wild: High-Yield Credit ETF Sees Record Monthly Inflows – iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

    July 29, 2024
    Our Picks

    Freetrade looks to shake up the mutual funds market

    October 21, 2025

    Reps move to protect private investments from ‘adversarial unionism’ after Dangote Refinery strike

    October 21, 2025

    Investors pull cash from CLO ETFs in biggest outflow since April

    October 21, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.