Experts say the sheer length of the report suggests careless financial management and a failure to comply with laws and rules required of candidates who take taxpayer-funded matching money
Mayor Eric Adams faces the threat of significant financial penalties that could hinder his re-election efforts after a city watchdog said his 2021 campaign failed to document $2.3 million in expenses.
A lawyer for Adams’ campaign did not respond to specific questions about the draft audit, but said in a statement that they would address all of the concerns raised. Nevertheless, experts were taken aback by the sheer number of issues with Adams’ campaign in the draft audit. Records show the board granted the campaign an extension to respond to the audit on July 1 – the day a response was due.
The board also flagged a $35,000 payment to Suggs Solutions Inc, a consulting company owned by Brianna Suggs, the campaign’s chief fundraiser whose home was. Auditors said the payment was missing required paperwork, including a contract, a canceled check and an invoice for the transaction. The payment also did not appear in the campaign's bank records.
“Overall, it is critical to remember that the 2021 campaign raised more than $18 million through more than 10,000 transactions, an unprecedented volume that requires an unprecedented amount of paperwork, which we will provide as needed,” said Pitta. Mayor Eric Adams 2021 campaign is the subject of a 900-page audit detailing 22 categories of financial discrepancies, prohibited donations, straw donors and other issues.It is unclear when the Adams’ campaign plans to respond to the draft audit. The new deadline after the Campaign Finance Board granted the extension is approximately Aug. 30, 2024.
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