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Giuliani paid $500K for work for indicted associate's firm

President TrumpDonald TrumpIran's leader vows 'revenge,' posting an image resembling Trump Former Sanders spokesperson: Biden 'backing away' from 'populist offerings' Justice Dept. to probe sudden departure of US attorney in Atlanta after Trump criticism MORE’s personal attorney Rudy GiulianiRudy GiulianiLawyers group calls for Giuliani's suspension from law practice, ethics probe Would Trump have gotten away with a self-pardon? History will never know Trump grants clemency to more than 100 people, including Bannon MORE said he was paid $500,000 for his work at a company co-founded by an associate who was arrested on campaign finance charges.

Giuliani told Reuters that Fraud Guarantee, Lev Parnas’s Boca Raton, Fla.-based company, took on Giuliani Partners as a management and security consulting firm around August 2018. Giuliani was hired to consult with the company and provide legal advice.

Giuliani also said he received two payments within weeks of each other but did not say when they were made.

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Parnas, a Ukraine-born businessman, was one of two Giuliani associates  who helped the former New York City mayor in efforts to investigate former Vice President Joe BidenJoe BidenRev. Barber says best way to undercut extremism is with honesty Biden requires international travelers to quarantine upon arrival to US Overnight Defense: House approves waiver for Biden's Pentagon nominee | Biden to seek five-year extension of key arms control pact with Russia | Two more US service members killed by COVID-19 MORE. House Democrats launched an impeachment inquiry after revelations that Trump pressured his Ukrainian counterpart to investigate Biden, a leading Democratic presidential candidate, and his son.

The latest development comes after The New York Times noted last week that Parnas told associates he paid Giuliani hundreds of thousands of dollars for his work.

Parnas and Igor Fruman, another Florida-based businessman, were arrested last Wednesday at Dulles International Airport with one-way international tickets. They arrests came hours after they had lunch with Giuliani at the Trump International Hotel in Washington, D.C.

Federal authorities allege Parnas and Fruman violated campaign finance laws in order to funnel money to numerous Republican PACs and politicians, including a $325,000 contribution in May 2018 to the pro-Trump super PAC called America First Action.

Federal prosecutors in Manhattan are also reportedly investigating whether Giuliani’s dealing with Ukraine broke lobbying laws.