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

President TrumpDonald TrumpThe Memo: Biden comes out punching on COVID-19 Ex-Kansas state rep charged with fraud of more than 0K in COVID-19 relief money Medicare trustees sound alarm, but progressives press ahead with irresponsible Medicare expansion MORE’s personal attorney Rudy GiulianiRudy GiulianiGiuliani communications director resigns for role with tech startup Lawyer for 17 Jan. 6 rioters reportedly on ventilator with COVID-19 infection Legal experts welcome sanctions of pro-Trump lawyers, say more needed 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 BidenKentucky state lawmakers vote to scrap school mask mandate Arkansas governor pushes back against Biden's vaccine mandate RNC vows to sue over Biden vaccine, testing mandate 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.