Giuliani Associate Says $1 Million from Russia Was a Loan

“Lev Parnas, an associate of Rudy Giuliani indicted on U.S. campaign finance charges, said a $1 million transfer into his wife’s bank account from Russia was the proceeds of a loan — and not an attempt to conceal his assets,” Bloomberg reports.

“Federal prosecutors raised the transfer in a filing last week asking the judge to revoke Parnas’s bail because he misrepresented his financial resources when he was arrested. They said Parnas’ wife, Svetlana, received $1 million from a bank account in Russia in September, the month before Parnas and business partner Igor Fruman were arrested as they sought to leave the country.”