Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Fund Manager Reveals Quant PMS Strategy Which Beats Mutual Funds’ Returns; Calls Microcaps Attractive
    • Bandhan Liquid Fund – Regular Plan – Growth | Mutual Fund Performance
    • 27% of Americans Own ETFs but Allocate Just 6%, Here’s Why That Costs Them Retirement Income
    • Small-Cap Funds Rally 20% in April: Stay invested or book profits? Experts weigh in
    • Titanium vs Arthaya Long Short Funds: Which strategy fits your portfolio?
    • 3 Vanguard ETFs Long-Term Investors Should Consider Adding in May
    • New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998 | Gilts
    • Operational Challenges of Managing Digital Asset Funds
    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

    Operational Challenges of Managing Digital Asset Funds

    May 5, 2026

    Hedge Funds Rebound in April, Led by Citadel and ExodusPoint

    May 4, 2026

    Global equity funds attract inflows for sixth week on earnings optimism

    May 4, 2026
    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

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

    November 19, 2023

    Prediction Market ETFs Explained: How They Work, SEC Delay, and Risks

    May 4, 2026
    Don't Miss
    Mutual Funds

    Fund Manager Reveals Quant PMS Strategy Which Beats Mutual Funds’ Returns; Calls Microcaps Attractive

    May 6, 2026

    Indian equity markets have remained under pressure over the past year, with returns moderating amid…

    Bandhan Liquid Fund – Regular Plan – Growth | Mutual Fund Performance

    May 5, 2026

    27% of Americans Own ETFs but Allocate Just 6%, Here’s Why That Costs Them Retirement Income

    May 5, 2026

    Small-Cap Funds Rally 20% in April: Stay invested or book profits? Experts weigh in

    May 5, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Why it’s worth buying corporate bonds at launch

    April 28, 2026

    Product & Service Launches – 8/8/24

    August 8, 2024

    Why Boomers Are Still Avoiding ETFs

    December 3, 2025
    Our Picks

    Fund Manager Reveals Quant PMS Strategy Which Beats Mutual Funds’ Returns; Calls Microcaps Attractive

    May 6, 2026

    Bandhan Liquid Fund – Regular Plan – Growth | Mutual Fund Performance

    May 5, 2026

    27% of Americans Own ETFs but Allocate Just 6%, Here’s Why That Costs Them Retirement Income

    May 5, 2026
    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

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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