Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Mutual funds trim small-cap bets as institutional flows chase large caps – Jefferies explains what’s driving the trend – Money News
    • Debt MFs see outflow of ₹1 lakh cr in Sep on withdrawals from liquid, money market funds
    • Fresh issuances in corporate bonds moderated in August: RBI
    • A Sip Of Nostalgia That Sparked A Beverage Revolution
    • Debt MFs see outflow of ₹1 lk cr in Sept on withdrawals from liquid, money market funds
    • Mutual Funds KYC: How To Check And Update Your Status, Here’s A Step-by-Step Guide | Savings and Investments News
    • ETFs vs Individual Stocks: What Should You Buy?
    • Sherry FitzGerald expands into commercial property with Knight Frank deal – The Irish Times
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Cuomo’s campaign unlocked matching funds on donations from minors in violation of CFB rules
    Funds

    Cuomo’s campaign unlocked matching funds on donations from minors in violation of CFB rules

    September 10, 2025


    NEW YORK — Andrew Cuomo’s mayoral campaign unlocked $4,000 in public matching funds off of donations made in the names of minors in violation of fundraising compliance laws, according to records reviewed by the Daily News. The donors whose contributions produced the questionable matching cash include a 5-year-old son of a prominent Cuomo supporter, the records show.

    Under the city Campaign Finance Board’s matching funds program, mayoral candidates can get any donation from a local resident matched eightfold with taxpayer funds up to $250, providing a big incentive as every eligible contribution can be worth an extra $2,000 in public money. The program’s rules are strict and include a prohibition on candidates seeking matching funds on donations from anyone under 18.

    Still, records show Cuomo’s campaign secured $2,000 in matching cash off a $250 donation made on March 6 by the 5-year-old son of Marc Schneier, a Long Island rabbi who has called Cuomo “a dear friend” and hosts him for speaking engagements at his synagogue in the Hamptons.

    The donation from the boy, whose occupation is listed as “student,” was made via credit card, filings show. The contribution came after Marc Schneier chipped in $2,100 — the legal max — to Cuomo’s campaign March 1, the same day the ex-governor officially launched his mayoral bid.

    Schneier issued a written statement saying that, after The News asked for comment, he contacted Cuomo’s campaign Wednesday morning to ask that the contribution be returned.

    “As soon as this matter was brought to our attention, we recognized a mistake was made and we understand the donation is being returned,” the statement said.

    The statement didn’t elaborate on how the child’s contribution was funded, but said Cuomo “is like family to us” and “our son wanted to help out like mommy and daddy.”

    Records show Cuomo’s campaign also got $2,000 in matching funds based on a $1,000 contribution made via credit card on May 1 by Lorraine Mossery, a 17-year-old Brooklyn resident whose occupation is also listed as “student.” The teen’s contribution came on the same day her mother, Sherene Nakash Mossery, gave the legal $2,100 max to Cuomo.

    Lorraine couldn’t be reached for comment, and her mother told The News to “lose my #” when asked over text about her daughter’s donation.

    Both donations were solicited by Morris Missry, a registered fundraising agent of Cuomo’s campaign, records show. Missry, a managing partner at the Wachtel Missry law firm, didn’t respond to emailed questions.

    Cuomo campaign spokesman Rich Azzopardi said Wednesday the Schneiner son’s donation was “refunded immediately” and that the related matching funds are as a result expected to be deducted. Azzopardi said the campaign’s still looking into the Mossery donation.

    Ex-Campaign Finance Board member Art Chang faulted Cuomo’s campaign for not doing better donor vetting, citing heightened concerns in the wake of the Trump administration’s controversial dismissal of Adams’ corruption indictment, which alleged he solicited illegal straw contributions for his 2021 and 2025 campaigns from Turkish government operatives.

    “A contribution from a 5-year-old defies common sense,” Chang added.

    A CFB spokesman declined to comment on the suspicious donations, citing the board’s confidential enforcement process.

    The donations are emerging as Cuomo faces an uphill battle running as an independent in November’s election, having lost June’s Democratic primary to Zohran Mamdani, who’s polling as the favorite to become the next mayor. Adams is also running on an independent line on November’s ballot, and Curtis Sliwa has the Republican nomination.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Debt MFs see outflow of ₹1 lk cr in Sept on withdrawals from liquid, money market funds

    October 22, 2025

    Debt MFs witness ₹1 lakh cr outflow in September on withdrawals from liquid, money market funds

    October 22, 2025

    National University of Singapore to sell US$500 million in funds

    October 21, 2025
    Leave A Reply Cancel Reply

    Top Posts

    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

    Fresh issuances in corporate bonds moderated in August: RBI

    October 22, 2025

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

    November 19, 2023
    Don't Miss
    Mutual Funds

    Mutual funds trim small-cap bets as institutional flows chase large caps – Jefferies explains what’s driving the trend – Money News

    October 22, 2025

    The Nifty 50 reached an intraday high of 25,932 on October 21, 2025, also a…

    Debt MFs see outflow of ₹1 lakh cr in Sep on withdrawals from liquid, money market funds

    October 22, 2025

    Fresh issuances in corporate bonds moderated in August: RBI

    October 22, 2025

    A Sip Of Nostalgia That Sparked A Beverage Revolution

    October 22, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    BSEC bars mutual fund investment in bank bonds.Will it deprive investors?

    October 21, 2025

    Metaphor: ReFantazio – Max Follower Bonds Guide (Social Links)

    October 14, 2024

    INDIA BONDS – Les rendements obligataires indiens reculent, les traders voyant une opportunité d’achat

    May 6, 2025
    Our Picks

    Mutual funds trim small-cap bets as institutional flows chase large caps – Jefferies explains what’s driving the trend – Money News

    October 22, 2025

    Debt MFs see outflow of ₹1 lakh cr in Sep on withdrawals from liquid, money market funds

    October 22, 2025

    Fresh issuances in corporate bonds moderated in August: RBI

    October 22, 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.