Charles Kushner
Posted on 03/04/2005 1:37:18 PM PST by Liz
Charles Kushner
Charles Kushner, former chairman of Kushner Companies, a real estate and apartment owning/managing company in northern New Jersey and the Northeast, was sentenced on 3/4 to twenty-four months in prison and fined $40,000. He had been free on $5 million bail.
Kushner, a major fundraiser for Democrats, pleaded guilty in August to giving false statements to the FEC regarding $385,000 in political contributions he made from real estate partnerships without the permission of other partners, falsifying tax forms (16 counts), improperly listing $1 million in charitable contributions as business expenses, and shaving funds several hundred thousand dollars off taxes owed, and retaliating against his sister - a government witness.
Kushner had already paid the FEC a civil penalty of $508,900. The contributions were made in 1997-2000 and came from forty partnerships he controls. The recipients included 13 candidate committees, one party committee and one PAC.
Because federal law prohibits convicted felons from owning any interest in a bank, federal regulators forced the sale of Kushner-owned NorCrown Bank in New Jersey. On Nov. 11, Valley National Bancorp finalized a deal to buy NorCrown for $141 million. The Federal Reserve and the Federal Deposit Insurance Corp reached a settlement in February with Kushner and a trust fund requiring them to pay $12.5 million for not fully identifying all the persons connected to the family trust that owned the bank.
Kushner may also owe between $200,000 and $320,000 in back taxes.
PoliticalMoneyLine highlighted the Kushner bundles in its May 30, 2001, home page link.
See also DOJ press release on Kushner’s guilty plea (link).
Companies, partnerships & individuals connected to Charles J. Kushner (Kushner Companies) bundled over $1 million to federal candidates and the DNC in 1999-00.
The scheme involved at least 72 partnerships/companies and 75 individuals/employees in and around Florham Park , NJ. The principal recipients were the DNC ($383K); Com for Working Families CWF (PAC of Mayor McGreevey, Woodbridge, NJ); Mayor Giuliani ($100K); Hillary Clinton ($79K); Jon Corzine ($72K); Sen Bob Torricelli ($57K); and Al Gore ($51K).
The employee relationship, timing and bundling of the donations has raised questions about who controlled the money and if the money was laundered with the use of 'straw' donors names.
CWF got 18 donations ($90K) on 5/2/00; Giuliani got 33 donations ($63K) on 3/31/99, and 35 ($35K) on 12/29/99; Clinton got 68 ($68K) on 6/29/00; Torricelli got 18 ($18K) on 1/22/99, and 38 ($38K) on 2/19/99; Gore got 33 ($33K) on 12/30/99 and 25 ($25K) on 2/10/00; Corzine got 30 ($30K) on 2/24/00, 18 ($18K) on 3/6/00 and 12 ($12K) on 3/31/00. Six individuals made 20 or more donations, totaling between $26K -$60K each. Download the spreadsheet file. Read additional text. http://www.politicalmoneyline.com/bundle.xls
See also: Soprano,Anthony.
The sleaziest.......Kushner hired a $25K prostitute to intimidate federal witnesses against him ......including his BIL. Kushner videotaped his BIL in sex acts, and sent the tape to his own sister. He was also planning to send the tapes to his nieces but somebody with a cooler head prevailed.
So the hillary felons voting bill is really a Kushner voting bill.
......besides being radically pro-abortion.......
Too bad that Giuliani's name is in there...for Giuiliani, anyway. This will taint him as much as Kerik's corruption did.
LOL....damn, you're good.
You mean McGay was sleeping with Tony, too? (/sarc)
Guiliani stinks to high heaven.........another pro-abortion Repub prez wannbee that's going nowhere.
I remember Hannity talking about this. Was he ever charged or prosecuted for that?
"and retaliating against his sister - a government witness."
Ha Ha.
LVM
Susan McDougal had the steel resolve of a pit viper to not talk to prosecutors. Was it because of the money that she made or her loyalty to the Clintons? I'll bet a fear of getting a bullet in the head or being found dead in a one-car "accident" had a hell of a lot more to do with it.
So, everybody makes out. < /sarcasm >
Great graphic.
bttt
Today, arch-Democrat Kushner was sentenced for political finance wrongdoing and for intimidation of federal witnesses via the prostitute sex video.
His companies are still under criminal investigation for an assortment of fraudulent business practices that might also include tax evasion.
What did the HildaBeast know and when did she know it?!
Let's go get the BadGuys...MUD
Hitlery is on record (hah) saying that if Kushner got convicted she would return the money.........so far, no response from her, the DNC, Rudy, Schumer, Corzine or the other recepients of Kushner's illegal largesse.
chuckie has close business and political relations with corzine. whats the odds corzine didn't know about the affair?
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