New York City Mayor Eric Adams is facing tens of thousands of dollars in fines for three alleged violations of campaign finance law based on issues stemming from his 2021 Transition and Inauguration Entity — a fund that recently elected candidates use to cover expenses after they win an election and before they officially take office.
Members of the city’s Campaign Finance Board have accused Adams of accepting prohibited donations, failing to respond to requests for information and documentation, and failing to close the fund once Adams became mayor in 2022.
The charges were published in an advisory and while the board didn’t disclose the exact amount Adams might have to pay during their public meeting Wednesday morning, it could range between roughly $20,000 to $50,000, based on the fines outlined by the board guidelines.
At the public hearing Wednesday board members and Adams’ attorneys discussed five allegations of “prohibited donations” amounting to a total of $15,600.
Among those donors were four who had business before the city and were thus barred from donating to the mayor-to-be: a real estate developer, an architect and the head of a private carting company.
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