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China fines Alibaba $2.eight billion in anti-monopoly probe

The front of Alibaba’s Wangjing office in Beijing on December 24, 2020.

Costfoto | Barcroft Media | Getty Images

Chinese regulators fined Alibaba 18.23 billion yuan ($ 2.8 billion) in the tech giant’s antimonopoly investigation, claiming it abused its dominance.

Regulators launched an investigation into the company’s monopoly practices in December. The main focus of the research was on a practice that forces traders to choose one of two platforms rather than being able to work with both.

In a statement on Saturday, the Chinese State Administration for Market Regulation (SAMR) said the policy suppressed competition in China’s online retail market and “harmed retailers’ businesses on platforms and the legitimate rights and interests of consumers, according to a CNBC translation. a Chinese-language statement.

The government said the “choose one” policy and others allowed Alibaba to strengthen its position in the market and gain unfair competitive advantage.

In addition to the fine, which represents around 4% of the company’s 2019 sales, regulators are required to file Alibaba self-assessment and compliance reports with the SAMR for three years.

The company said in a statement that it had accepted the penalty and would comply with the SAMR’s decision. Alibaba said it had fully cooperated with the investigation, conducted a self-assessment and already made improvements to its internal systems.

“Alibaba would not have achieved our growth without solid government regulation and service, and the critical scrutiny, tolerance and support of all of our constituencies have been vital to our development,” the company said.

The company added it would hold a conference call at 8 a.m. Hong Kong time on Monday to discuss the fine.

The announcement is the latest development in China’s crackdown on its technology companies. Regulators are increasingly concerned about the power of China’s tech giants, especially those in the financial sector.

Much of this heightened scrutiny has tightened in the business empire of billionaire Jack Ma, who founded both Alibaba and Ant Group.

Ant’s much-anticipated IPO was abruptly suspended in November, shortly after Chinese regulators released new draft rules on online microcredit, an integral part of the company’s business. The China Securities Regulatory Commission also cited Ma and other Ant executives ahead of the announcement.

Ma appeared to have come under fire for criticizing China’s financial regulators. The country’s financial system is “the legacy of the industrial age”.

After the Ant went public, Ma fell out of the spotlight and fueled speculation about his whereabouts. In January, the eccentric billionaire reappeared briefly in a video as part of an initiative by his charity foundation.

Ant has since committed to listing, saying it would help employees monetize stocks.

– CNBC’s Arjun Kharpal, Evelyn Cheng and Eunice Yoon contributed to this report.

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Politics

Former Matt Gaetz aide says FBI contacted him after sex-trafficking probe information

Nathan Nelson, a former employee of U.S. Representative Matt Gaetz, speaks to the news media on April 5, 2021 in Santa Rosa Beach, Florida.

Colin Hackley | Reuters

A former Rep. Matt Gaetz employee said Monday that FBI agents contacted him last week shortly after it became known that the Florida Republican was involved in a federal investigation into the sex trafficking.

Nathan Nelson, Gaetz’s former director of military affairs, said two agents questioned him at his home after hearing from media officials that Nelson knew of Gaetz’s alleged involvement in illegal activities. The media tipsters told the FBI that Nelson resigned based on this knowledge, the ex-aide said.

“I’m here this morning to declare that nothing could be further from the truth,” Nelson said at a press conference in northwest Florida. “Neither I nor any other employee of Congressman Gaetz had knowledge of illegal activities.”

Nelson His departure from Gaetz’s office last fall had nothing to do with investigating the Justice Department’s allegations against the 38-year-old congressman. The investigation into whether Gaetz trafficked an underage girl began in the final months of former President Donald Trump’s tenure, the New York Times reported on Tuesday.

In response to CNBC’s report on Nelson’s statements, Gaetz slammed the FBI, claiming the agency had “literally false media rumors”.

“Sounds familiar?” Gaetz added. He and other Republicans have accused government agencies and officials of conservative bias in recent years. In 2019, Gaetz accused special adviser Robert Mueller, who led the investigation into Russian interference and possible collusion with Trump’s campaign in the 2016 elections, of attempting to “stop Trump”. That investigation, which did not find enough evidence to suggest a collusion between Trump and Russia, has since become a powerful symbol for Republicans feeling targeted by government institutions.

The FBI did not immediately respond to CNBC’s request for comment.

In the meantime, Gaetz stated in a new comment that he was “absolutely not resigning” and “not being intimidated or blackmailed” by his political opponents.

Gaetz, an outspoken Trump loyalist, has previously denied having a sexual relationship with a 17-year-old girl and paying for her trips with him, and he remained defiant on Monday morning.

“Since it is my turn under the gun, I would like to address the allegations against me directly. First, I never paid for sex. And second, as a grown man, I did not sleep at the age of 17 -old,” wrote Gaetz in the Washington Examiner.

Last week, Gaetz said in a statement that he and his family are threatened in a multi-million dollar extortion program involving a former Justice Department official. Police officers told NBC News that the DOJ is pursuing a separate investigation into Gaetz’s allegations of blackmail.

The sex trafficking investigation with Gaetz emerged from another case involving his former associate, Joel Greenberg, a local Florida official who was charged on numerous charges last summer, including sex trafficking in a child.

Nelson said at the press conference that he was approached by federal agents the day after the Times first reported on alleged sex trafficking.

The former Gaetz aide said he knew nothing specific about the investigation and had never heard of Greenberg before last week’s reports. But the “unsubstantiated allegation” that led the FBI to approach him “continues to convince me” that the allegations against Gaetz “are also fabricated,” Nelson said.

Another Gaetz employee, communications director Luke Ball, resigned last week.

Nelson worked in Gaetz’s office for more than four years before leaving last October, according to his LinkedIn profile. He said Monday that his departure was planned.

Nelson told reporters he was still “loosely linked to Gaetz’s office as a military advisor” in an unpaid capacity, “but said he had not spoken to Gaetz in” several months “.

Gaetz’s office had arranged Nelson’s press conference.

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Politics

Former Mueller prosecutor Greg Andres joins probe

Prosecutor Greg Andres.

Source: CSPAN

The New York State Assembly hired attorneys from a well-known Manhattan law firm – one of whom was a prosecutor on the then Robert Mueller team – to investigate the impeachment investigation of Governor Andrew Cuomo.

Cuomo, who denies wrongdoing, is under investigation by the congregation’s judicial committee on allegations of sexual harassment of aides and other women, as well as covering up Covid death dates related to nursing home patients.

Davis Polk & Wardwell firm has been hired to lead this investigation, congregation spokesman Carl Heastie and judicial committee chairman Charles Lavine said in a statement Wednesday. Both leaders of the assembly are Democrats, as is Cuomo.

Attorneys for the investigation include Davis Polk partner Greg Andres, a former federal attorney who worked on Mueller’s extensive investigation into people related to former President Donald Trump’s 2016 campaign and Russian meddling in this year’s election.

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The impeachment investigation is different from an ongoing Cuomo investigation conducted by a team of other lawyers in private practice overseen by Attorney General Letitia James.

That team spent four hours this week interviewing at least one woman who has made allegations against Cuomo: former aide-de-camp Charlotte Bennett.

In another investigation, police in Albany, New York were informed of allegations that Cuomo aggressively groped a current employee at the governor’s mansion after calling her there on the pretext of helping him with his cell phone.

Andres served as a prosecutor in the 2018 Virginia trial of former Trump campaign leader Paul Manafort, which resulted in a conviction on financial crime charges related to the Republican advisor’s work in Ukraine.

One month before leaving office in January, Trump pardoned Manafort, who had also pleaded guilty separately in another federal trial.

Andres was the subject of news articles during the Manafort trial when the federal judge in the case, TS Ellis, which the prosecutor had complained about, prevented him from asking vital questions to a witness, suspected that Andres was crying in court.

Andres denied he cried, and a number of lawyers said Ellis’ behavior toward the prosecutor was wrong.

In addition to his work on the Mueller probe, Andres previously served as a federal attorney in Brooklyn, New York, and in Washington, where he served as the deputy assistant attorney general in the Department of Justice’s crime department from 2010 to 2012.

Davis Polk’s other attorneys hired on the Cuomo investigation include Angela Burgess, co-chair of the firm’s commercial defense and investigations group, and Martine Beamon, partner in the legal department who previously served as a prosecutor in the firm’s office US attorney for the southern borough of New York.

Only one New York governor has ever been charged: William “Plain Bill” Sulzer, who was removed from office in 1913 on charges of campaign fraud.

If the assembly, which has 150 members, 106 Democrats and 43 Republicans, indicts Cuomo, Lt. Governor Kathy Hochul will assume the office of incumbent governor until the Senate completes a trial of Cuomo. The jurors in this process include not only senators, but also the seven members of the state’s highest court, the Court of Appeal.

Those judges include the court’s chief judge, Janet DiFiore, who is married to former Davis Polk partner Dennis Glazer, whom Cuomo has appointed to the board of directors of the State University of New York, Purchase. Last month, Cuomo DiFiore failed to get the investigation to work with the Attorney General.

There are 43 Senate Democrats and 20 Republicans. Majority leader, Senator Andrea Stewart-Cousins, has called for Cuomo’s resignation.

If Cuomo is acquitted by the Senate, he would serve as governor again. To convict him, two-thirds of the jury would have to vote.

Heasties approval of the Justice Committee’s impeachment investigation last week came after a meeting of the Democratic caucus.

At that meeting, some members reportedly believed that Heastie’s attempt to clear an investigation, rather than immediately launching impeachment proceedings, should give Cuomo more time to politically bail out.

Other members reportedly deemed the move appropriate for the Attorney General’s office to conclude their investigation.

Heastie said in a statement Wednesday that Judicial Officer Lavine has been “conducting a vigorous search for a top-notch company to help with the investigation” since last week.

“The hiring of Davis Polk will give the committee the experience, independence and resources necessary to properly and expeditiously process this important investigation,” said Heastie.

Lavine said, “The addition of Davis Polk will allow my colleagues on the Judicial Committee and myself to investigate the allegations fully and fairly.”

“These are serious allegations and will be treated with fairness, due process and discretion,” said Lavine.

Governor Andrew Cuomo touches his nose during a visit to a new Covid-19 vaccination site on Monday, March 15, 2021, at New York State University at Old Westbury.

Mark Lennihan | AFP | Getty Images

In addition to Bennett, several women, including other former employees and at least one employee, have said that Cuomo sexually molested them, touched them in any other way, or spoke to them in a way they believed was inappropriate.

Cuomo has denied taking inappropriate action against a woman. But he has apologized for comments that he says he now understands that some women have felt uncomfortable.

He has repeatedly turned down calls to resign from individuals who include the majority of the Democratic members of the New York congressional delegation – including both US state senators – and over 60 Democratic members of the state legislature. The National Organization of Women has also called for Cuomo’s resignation.

On Tuesday, President Joe Biden said if the women’s allegations against Cuomo are confirmed, the governor should resign.

And when that happens, Biden said, “I think he’ll likely be prosecuted.”

Biden’s comments, beyond previous White House statements not about whether or not Cuomo should resign, were made during an interview with ABC News that aired on Good Morning America Wednesday.

Biden said in the same interview that “a woman should be assumed to be telling the truth and not become a scapegoat and victim for coming forward.”

“It takes a lot of courage to come forward,” said Biden. “So the guess is that they should be taken seriously. And it should be investigated. And that is exactly what is happening now.”

The New York Times on Tuesday detailed how current Cuomo employees attempted in December to get former employees to sign a letter attacking the credibility of former employee Lindsey Boylan, which appeared in several Twitter posts accused the governor of sexual harassment on Twitter posts. The letter was never published publicly.

Boylan sparked the current wave of allegations last month with a blog post detailing her allegations against Cuomo. She wrote that he kissed her once without her consent and jokingly suggested that they play strip poker on an official flight.

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Politics

Former Trump lawyer Michael Cohen aids DA Vance felony probe

Michael Cohen, former attorney for President Donald Trump, testifies before the House Oversight Committee in the Rayburn House Office Building in Washington, DC on Wednesday, February 27, 2019.

Matt McClain | The Washington Post | Getty Images

Senior officials in the Manhattan Attorney’s Office this week asked ex-President Donald Trump’s former personal attorney Michael Cohen to return for his eighth interview with the firm, which is conducting a far-reaching criminal investigation related to the Trump Organization.

One person familiar with the case said that when Cohen was interviewed for the seventh time by officials via videoconference earlier this week, he was asked to be available for a face-to-face interview at DA Cyrus Vance Jr.’s office soon.

Cohen, who is now an avowed enemy of Trump, agreed, the person said.

Cohen declined to speak to CNBC, as did Vance’s spokesman Danny Frost. A Trump Organization spokeswoman did not immediately respond to a request for comment.

The interest in speaking to Cohen repeatedly comes because Vance has strengthened its investigative team, recently gained access to Trump’s financial records, and reportedly broadened the scope of his investigation to investigate Trump’s longtime CFO Allen Weisselberg and the Sons of Weisselberg.

One of these sons works for the Trump Organization and runs the company’s Central Park ice rinks. The other works for Ladder Capital Finance, which has borrowed Trump’s company nearly $ 300 million in connection with four buildings in Manhattan. Vance is known to watch the Trump organization rate its buildings.

These developments, as well as Vance’s long-awaited announcement on Friday that he will not seek re-election this fall, have sparked speculation that the prosecutor will attempt to indict Trump or officials at his company in the coming months.

Vance’s investigation originally focused on how the Trump organization recorded hush money payments made or facilitated by Cohen, prior to the 2016 presidential election, to two women, porn star Stormy Daniels and playboy model Karen McDougal.

When Cohen pleaded guilty to financial financing violations and other crimes in 2018, he told a federal judge that he arranged these payments on Trump’s orders to calmly approve the women over their allegations of having sex with Trump hold. The former president denies the women’s claims.

Cohen later testified to Congress that the Trump Organization would inflate and deflate the value of real estate assets to either gain favorable loan and insurance terms or to reduce the amount of taxes owed on them.

These Cohen allegations are now being investigated in both Vance’s investigation and a civil investigation by Attorney General Letitia James.

Vance court records suggest that his investigation is investigating possible “insurance and banking fraud by the Trump organization and its officials” and possible tax crimes.

Vance last month hired Mark Pomerantz, a private practice criminal defense attorney, as a special assistant prosecutor to work solely on the Trump investigation.

Pomerantz’s career included a stint as head of the criminal justice department of the US Attorney’s Office in Manhattan, where he was responsible for securities fraud and organized crime cases.

Pomerantz was one of the investigators who spoke to Cohen about the video call this week, along with Vance and other top officials in the office, NBC News reported.

The DA office also kept the consulting firm FTI to analyze Trump’s financial records.

In February, shortly after Pomerantz was hired, the US Supreme Court rejected Trump’s efforts to prevent Vance from obtaining his tax returns and other financial records from his longtime accountants through a grand jury subpoena.

The investigators received these documents immediately.

Cohen began working with Vance’s investigation in 2018 before being sentenced to three years in prison for his crimes in 2019.

Investigators from the district attorney’s office visited him at federal prison in Otisville, New York.

Cohen was released from prison last May on fear of being particularly vulnerable to Covid-19 due to several health problems.

He was thrown back in jail in July after defying demands from federal probation officers not to publish a book about Trump or anyone else while he was serving the remainder of his sentence.

About two weeks later, Cohen was released again after an outraged federal judge declared that he had been the victim of retaliation by the Bureau of Prisons for failing to meet this condition. Cohen later published his book on Trump called “Disloyal”.

Since then, Cohen has not only moderated the investigation with Vance, but also hosts a podcast, Mea Culpa, whose guests include other Trump critics such as Daniels and Rosie O’Donnell.

Audio Up, which produces the podcast, touted it Friday as “the fastest growing podcast in the world” with “5 million downloads”.

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Politics

Cuomo sexual harassment probe attorneys appointed, impeachment mulled

The New York attorney general on Monday appointed a former top federal attorney and a senior labor lawyer to lead the investigation into allegations that Governor Andrew Cuomo sexually molested several women.

Also on Monday, a spokesman for the New York Congregation minority leader William Barclay told the media that a Republican-sponsored resolution to initiate impeachment proceedings against Cuomo would be introduced by the end of the day.

Republicans have a relatively small minority of seats in the assembly and cannot force Democrats to indict Democrat Cuomo.

However, there were growing calls from the Democrats for Cuomo to step down. The governor has said he will not resign voluntarily.

In another development on Monday, Cuomo said his attorney, Kumiki Gibson, would be leaving that post to take a position in the private sector. Beth Garvey, who is Cuomo’s special advisor and senior advisor, will take on Gibson’s acting job.

Garvey was implicated in a failed attempt to induce a former federal judge, instead of Attorney General Letitia James, to investigate allegations that Cuomo molested former aides and behaved inappropriately with other women.

After a backlash to the idea, Cuomo’s office suggested that James share oversight of the probe with the state’s chief judge. The attorney general denied the agreement, and the governor’s office then said it would ask them to oversee the investigation on their own.

James said Monday the investigation would be led by Joon Kim, who served as acting U.S. attorney for the Southern District of New York from March 2017 through the following January, and Anne Clark, who has represented numerous plaintiffs in sexual harassment lawsuits .

Kim is a partner at Cleary Gottlieb Steen & Hamilton law firm, while Clark is a partner at Vladeck, Raskin & Clark.

“The people of New York deserve a full and independent investigation into these allegations, and I am determined to persevere,” said Clark in a statement released by James’ office.

In a statement, Kim said, “These are grave allegations that require strict and impartial investigation. We will act sensibly and pursue the facts wherever they lead.”

James also named three other lawyers, Jennifer Kennedy Park, Abena Mainoo, and Yannick Grant, to help conduct the investigation.

“We are committed to an independent and thorough investigation into the facts,” said James.

Kim and Clark “are independent legal professionals with decades of experience conducting investigations and fighting to uphold the rule of law,” said James.

“There’s no question that they both have the knowledge and background to lead this investigation and give New Yorkers the answers they deserve.”

Debra Katz, attorney for one of Cuomo’s accusers Charlotte Bennett, said the selection of Kim and Clark “shows that Attorney General Letitia James takes this matter very seriously”.

“We are encouraged by the experience and background of the attorneys who will investigate Charlotte’s claims and expect the investigation to extend into the claims of the other women we know are out there,” said Katz.

It is important that this investigation not only focus on what Governor Cuomo said and did. It also needs to focus on the culture of secrecy, abuse and fear he has cultivated among his staff – often below Violation of the laws he signed protecting workers from sexual harassment. We look forward to working with investigators. “

The investigation began on February 24 when Lindsey Boylan, a former state business development official, wrote in a Medium post that Cuomo had “abused his governor power to sexually harass me, as he did.” many other women did. ” . “

Boylan, who is running for Manhattan District President, wrote that Cuomo kissed her once without her consent and suggested as a joke that they play strip poker while on an official flight. The governor’s office declined Boylan’s account.

Days later, another former Cuomo aide, Bennett, told the New York Times that he had asked her questions about her sex life and whether she “had ever been with an older man.” Bennett, who played soccer against one of Cuomo’s daughters in middle school, is 25 while the governor is 63.

Shortly after this article, the Times published claims by former Obama’s White House employee Anna Ruch that Cuomo put his hand on her bare lower back at a wedding reception and told her that she looked “aggressive” when he was with her His face and then asked if he could kiss her.

Cuomo has said that he “never made progress” to Bennett.

However, he also apologized last week and said, “I understand now that I acted in a way that made people feel uncomfortable. … It was unintentional.”

Karen Hinton, who served as Cuomo’s press secretary for the US Department of Housing and Urban Development, told the Washington Post recently that Cuomo invited her to his Los Angeles hotel room and hugged her in 2000 when she tried to leave the room and pull her back to him when she moves again to leave.

Ana Liss, who had worked as the governor’s advisor to Cuomo, told the Wall Street Journal that he hugged her, kissed her on both cheeks and grabbed her waist.

Cuomo’s office flatly denied Hinton’s account, saying it “didn’t happen”. Referring to Liss’s allegation, his office said that Cuomo had a known habit of kissing and posing for pictures to both men and women.

“That’s what people do in politics,” said Cuomo’s senior advisor Rich Azzopardi.

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Politics

Trump lawyer Michael Cohen pushes podcast as felony probe continues

Michael Cohen, former personal attorney for President Donald Trump, leaves the U.S. Capitol after testifying before a closed House Intelligence Committee hearing on Capitol Hill in Washington on February 28, 2019.

Joshua Roberts | Reuters

Podcasts make for strange bedfellows.

Michael Cohen, who worked as Donald Trump’s personal attorney and fixer for years, is now allied with people investigating the former president – and uses a podcast to promote both his criticism and fellow critics of Trump.

Cohen’s ironically titled show “Mea Culpa” – a Latin phrase for “through my fault” – premiered last year with Rosie O’Donnell, a longtime Trump target, who made teenage cracks in her personal looks, among other things.

Cohen, 54, recently featured porn actress Stormy Daniels as a guest on his show. In 2016, Cohen paid her $ 130,000 to buy her pre-election silence over her claim that she had sex with Trump once years ago.

“You and I have both gone through hell and back,” Cohen said to Daniels. “I’m sorry for the unnecessary pain I caused you.”

“Our stories will forever be linked to Donald Trump, but also to each other,” Cohen said.

That’s probably an understatement.

Trump denies Daniels’ claim and also denies allegations of an affair with another woman, Playboy model Karen McDougal, who herself received hush money from the Trump-friendly editor of The National Enquirer before the 2016 election.

Trump and his company, the Trump Organization, reimbursed Cohen for the payoff from Daniels.

A Trump spokesperson did not respond to a request for comment on this article.

The discovery of this payment led to a federal criminal investigation into Cohen, a Manhattan resident who pleaded guilty in 2018 to violating the financial rules for organizing the Daniels and McDougal payouts, as well as other financial crimes unrelated to Trump fight.

Cohen, who was sentenced to three years in prison, said Trump directed him to arrange the hush money deals so as not to affect his chances of winning the presidency.

These payments were likely the first issue investigated by the Manhattan District Attorney’s office, Cyrus Vance Jr. It examined how the Trump organization accounted for them.

However, court records suggest that the investigation may now have expanded to include potential banking and insurance fraud, as well as tax crimes.

These areas became a focus after Cohen Rep. Alexandria Ocasio-Cortez, DN.Y., said during a testimony to Congress in early 2019 that Trump provided insurance companies with excessive real estate values ​​and undervalued assets in an effort to cut his taxes.

“They dump the asset’s value and then file a request with the tax department for a deduction,” Cohen told Ocasio-Cortez.

New York attorney general Letitia James credited Cohen’s testimony for launching her own ongoing civilian investigation into the Trump Organization’s asset valuations.

“I’m ashamed because I know what Mr. Trump is. He’s a racist. He’s a cheater. He’s a cheater,” Cohen said during his testimony. He also called himself a “fool” for working for Trump and believing in him for so long.

Even when he was in jail, Cohen helped Vance’s probe, and he reportedly continued to help after being released from jail last year due to the coronavirus pandemic.

“The concept for creating the podcast came when I was on leave,” Cohen told CNBC in an interview.

“Mea Culpa” promotes its host as a man who “once vowed to take a ball for the president”.

“But that was before the country was brought to its knees by the president’s own lies and personal insanity,” the podcast’s homepage reads.

“Now, locked in his house, his life, reputation and livelihood shattered, Cohen is on a mission to correct the wrongs he committed on behalf of his boss.”

Transport and goods

For someone released from jail less than a year ago, Cohen’s podcast, which now has more than 50 episodes in its archive, has done very well and is at times among the top 10 political podcasts in the US on Apple and other platforms.

“We’re increasing our audience by over 20% week in, week out,” said Cohen.

“Am I surprised?” Cohen replied when asked if it was him. “I’m happy about it. I don’t want to be surprised.”

Rob Ellin, CEO of digital media company LiveXLive, said of Cohen’s podcast, “Traffic is just skyrocketing.

“The competition from podcasts is much tougher than it used to be,” said Ellin. But he added, “I can’t think of anyone who showed up as quickly as him.”

Ellin’s publicly traded company owns PodcastOne, which sells and handles sales for “Mea Culpa,” and another company that does the merchandising for the podcast. Another unaffiliated company, Audio Up, produces “Mea Culpa”.

Cohen’s show this week added a new clothing line for sale that reflects his current take on Trump.

Items include inmate orange jumpsuit that may contain the initials “DJT” – which also happens to be Trump’s initials – or the seal of the President of the United States over the left breast pocket.

Cohen told CNBC the merchandise was inspired by a rift he made about Trump last week after the US Supreme Court ruled against the ex-president to prevent the prosecutor’s office from filing his tax returns and other financial records to receive from his accountants as part of his criminal investigation.

“He should maybe start talking to someone about custom jumpsuit because it doesn’t look good, that’s my prediction,” Cohen told MSNBC’s Katy Tur.

Ellin said Cohen’s criticism of Trump, coupled with the accelerated pace of the DA and New York AG probes, was a justification for his friend and a driver of interest in “Mea Culpa.”

“Michael said a lot of it,” said Ellin.

“A lot of people didn’t believe him before and are starting to believe him.”

Two years before the January 6th invasion of the Capitol by a crowd of Trump supporters seeking to undo the affirmation that day of President Joe Biden’s election, Cohen warned Congress: “Given my experience with Mr. Trump, I’m afraid that if he loses the 2020 election, there will never be a peaceful change of power. “

Trump was indicted by the House of Representatives shortly before he left office on January 20 for instigating the invasion of Congress with false claims of electoral fraud. He was acquitted by the Senate in a lawsuit last month.

Cohen’s podcast discussed the Capitol uprising in an episode that also included an interview with actor and filmmaker Ben Stiller. Another episode was titled “Why Trump Must Be Indicted”.

Friendship and opportunity

Rob Ellin, LiveXLive Media

Source: LiveXLive Media

Ellin has been friends with Cohen since they played tennis together in Long Island High School.

Both Cohen and Ellin describe this period ironically, including playing doubles against opponents that include Patrick McEnroe, brother of tennis legend John McEnroe, and himself a future professional player.

“I think we won 2 points,” Ellin said of the match in which Cohen yelled at him to adjust to McEnroe’s shots.

“Wasn’t that when I smashed the bat?” he asked Cohen while on a call with CNBC.

Cohen and Ellin both remember inventing the phrase “hug it, b —-” to smooth out their sometimes inconsistent arguments on the tennis court.

Ellin’s brother, Douglas Reed Ellin, later used it as one of the signature phrases for the HBO television series “Entourage” which he created.

Despite their four decades of friendship, the connection between Ellin’s company and Cohen’s podcast was the result of chance.

Months after the launch of “Mea Culpa” last summer, the podcast’s distribution platform was moved to PodcastOne. This company, founded by the founder of radio giant Westwood One, Norm Pattiz, has since been taken over by LiveXLive, Ellin’s company.

Cohen said he was on the phone with PodcastOne one day when he was told that Ellin happened to be in the room.

“I said, ‘Put him on the speakerphone with me,'” Cohen said.

Cohen said doing business with Ellin was “incredible”.

“But it brings me back a lot of nostalgia, whichever is the same,” added Cohen.

Ellin also has a warm personal feeling for Cohen, whom he called “a great father and a great husband”.

“I think Michael is humble,” said Ellin. “That was painful.”

But Ellin sees the business opportunity on his friend’s podcast too.

“We now have the opportunity to help Michael,” by attracting more high-profile guests and expanding marketing opportunities, Ellin said. “Who knows? There could be a second podcast.”

Adam Carolla, a radio host and comedian, recently made crossover appearances with Cohen on “Mea Culpa” and his own high-profile podcast, distributed by PodcastOne.

“It was just a great engagement between the two of them,” said Ellin. “Michael did a great job as an initial radio host at staying in the ring with him.”

Ellin credits Cohen for having the moxie to reinvent himself as a podcast host.

“He’s not afraid to take a swing,” said Ellin. “I think he did an exceptional job driving this.”

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Politics

New York AG able to oversee Cuomo sexual harassment probe

New York Attorney General Letitia James

Lucas Jackson | Reuters

New York attorney general Letitia James said Sunday she was ready to oversee an investigation into the sexual harassment allegations against New York Governor Andrew Cuomo, but needed an official referral from the governor’s office, which includes a subpoena.

“I am ready to oversee this investigation and make any necessary appointments,” James said in a statement. “Given state law, this can only be achieved through an official referral from the governor’s office based on state law (§ 63-8) and must include subpoena authority. I request the governor to make this referral immediately.”

Cuomo’s office on Sunday withdrew a plan to appoint a former federal judge who is in close contact with one of the governor’s top advisors to oversee an investigation into sexual harassment allegations against him.

The Cuomo administration said it would ask James and Janet DiFiore, the chief justice of the state’s highest court, to decide who will oversee an independent investigation. The decision would help “avoid even perceiving a lack of independence or inferring politics,” Cuomo’s special adviser Beth Garvey said in a statement.

“We will leave all decisions regarding the investigation at the discretion of the independent attorney chosen by the Attorney General and the Chief Justice,” Garvey said.

The governor’s reversal came after a number of Democrats criticized the governor’s initial decision to conduct a review and called for an independent investigation into the allegations after a second aide came forward to allege sexual harassment against Cuomo. Some Democratic lawmakers also joined some Republicans in urging Cuomo to resign immediately.

Cuomo’s office initially said it would select former federal judge Barbara Jones to lead the review. Jones had worked with Cuomo’s top advisor, Steven Cohen.

The calls for an independent investigation follow a New York Times report released Saturday night describing the allegations made by Charlotte Bennett, a 25-year-old former aide to the governor, who said Cuomo asked her about her sex life and whether she did it was monogamous in relationships and had ever “been with an older man”.

It was the second allegation against the governor in a week. Former adjutant Lindsey Boylan, a former state economic development officer, released detailed information about sexual harassment against Cuomo last week, including a kiss without her consent in his Manhattan office. Cuomo has denied Boylan’s allegations.

Cuomo responded to Bennett’s allegations in a statement on Saturday, saying he intended to act as a mentor and “never make any progress on Ms. Bennett, nor did I ever intend to act in an inappropriate manner”.

Pressure from democrats

White House press secretary Jen Psaki said Cuomo should undergo an independent review of both allegations in an interview on CNN on Sunday. President Joe Biden supports this and “we believe we should move forward as soon as possible”.

A spokesman for Senator Chuck Schumer, DN.Y., said the Senator believes the allegations “should be investigated thoroughly and independently.” Senator Kirsten Gillibrand, DN.Y., also called for an “independent, transparent and prompt investigation into these grave and deeply worrying allegations.”

MP Alexandria Ocasio-Cortez, DN.Y., along with other Democrats, called for an independent investigation into the governor, led not by someone chosen by Cuomo, but by the Attorney General.

“Lindsey Boylan and Charlotte Bennett’s detailed reports of sexual harassment by Governor Cuomo are extremely serious and painful to read,” Ocasio-Cortez wrote in a tweet on Sunday morning. “There needs to be an independent investigation – not one led by someone chosen by the governor, but by the attorney general.”

The new allegations also come after a January report that the Cuomo government failed to report thousands of Covid-19 deaths in state nursing homes.

New York City Mayor Bill De Blasio, a Democrat, said Sunday that Cuomos state lawmakers must immediately revoke emergency powers overriding local scrutiny and called for two separate independent investigations into the sexual misconduct allegations and the undercounting Deaths in nursing homes.

“New Yorkers have seen detailed, documented reports of sexual harassment, multiple cases of intimidation and admitted withholding of information about the deaths of over 15,000 people,” De Blasio said in a statement. “Questions of this magnitude cannot hang over their heads as New Yorkers fight a pandemic and economic crisis.”

New York State Senator Alessandra Biaggi praised the two women for their allegations and called on the governor to step down in a statement posted on Twitter Saturday night.

“The harassment of these former employees is part of a clear pattern of abuse and manipulation by the governor, and that pattern makes him unworthy of the highest office in New York,” wrote Biaggi.

Republicans again urged Cuomo to resign after the second allegation, including MP Elise Stefanik, RN.Y., who described the governor as a “criminal sexual predator” in a statement on Saturday and said he should resign immediately.

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Politics

New York AG James says Trump Supreme Court docket tax information case will not have an effect on probe

New York attorney general Letitia James said Monday that her office is continuing to actively investigate alleged inflation and deflation of Trump Organization’s real estate values ​​in an effort to evade state tax liability and gain other financial benefits.

James also said the U.S. Supreme Court’s decision to allow the Manhattan Attorney’s Office to obtain former President Donald Trump’s income tax return and other financial records for eight years as part of a criminal investigation would not affect their own ongoing civil investigation.

This decision, made on Monday, “does not change the tenor of our lawsuit,” James said in an interview with the New York Times’ DealBook DC Policy Project.

“We will continue our investigation and will announce our results when we are finished,” said James.

James also said the Supreme Court’s decision would not mean that her office would receive Trump’s tax filings from Manhattan DA Cyrus Vance Jr., who is expected to receive it this week from the former president’s accounting firm through a grand jury subpoena.

“There’s a wall separating the two offices,” she said.

The Supreme Court in its decision denied Trump’s motion to hear an appeal against decisions by lower courts confirming the legality of the subpoena issued at Vance’s request.

James noted that “we received information ourselves”.

“We’re reviewing Trump Organization tax information,” said James.

This tax information, which could include property tax records, is different from the former president’s income tax returns, which he always kept secret.

There is an overlap in the focus of the two probes, which are among the biggest legal threats Trump faces a month after leaving the White House.

Both studies examine how the Trump Organization values ​​real estate assets for different types of transactions.

Both offices are known to have a particular interest in the Seven Springs Estate in Westchester County, New York, an area of ​​212 acres.

The company had filed for a $ 21.2 million tax deduction on the property to grant a conservation measure preventing development on nearly 160 acres of land.

James also examines the valuations of Trump real estate in Manhattan, Los Angeles, and Chicago.

“In our investigation, we look at the fact that, based on the testimony of Michael Cohen, who was the Trump Organization’s advocate and Donald Trump, the Trump Organization has increased its taxes to take advantage of insurance companies as well by mortgage companies and then dumped the same fortune to avoid New York state tax debt, “said James.

Cohen, who made these allegations during the testimony of Congress in 2019, is known to collaborate with Vance’s criminal investigation.

While James commented several times that her investigation was civil in nature, she implied that this could change.

“At this point, until we uncover illegal behavior, our investigation will continue as a civil matter,” she said.

James had repeated success in court by forcing the Trump Organization to cooperate with its investigation despite objections.

In late January, a Manhattan Supreme Court judge ordered the Trump Organization to give James’ investigators a series of documents they had requested.

A judge had previously directed Trump’s son, Eric Trump, who runs the company with his brother, to answer questions from James’ investigators before the presidential election, not after what Eric asked.

Trump beat up both James and Vance as well as the Supreme Court, three of which nine members he had appointed, in a statement on Monday.

Trump has called both probes witch hunts and denies any wrongdoing.

“The new phenomenon of ‘headhunting’ prosecutors and AGs trying to defeat their political opponents using the law as a weapon is a threat to the very foundation of our freedom,” said Trump.

“This is being done in third world countries. Worse still are those who run for prosecutors or attorneys-general in states and jurisdictions on the far left and pledge to eliminate a political opponent. This is fascism, not justice – and that is what they are. ” I try to do it with respect for myself, except that the people in our country will not stand up for it. “

When asked by DealBook columnist Andrew Ross Sorkin if she was surprised that Trump did not pardon himself before leaving office, James said, “I am never surprised at the behavior of the former President of the United States.”

“There have been some rumors of ‘secret pardons’,” added James. “I dont know.”

When asked if she personally believed Trump pardoned himself and not made that fact public, James said, “I really don’t know. We’ll see.”

“There’s been a lot of speculation, but it’s nothing but speculation,” she told Sorkin, who is co-anchor of CNBC’s “Squawk Box”.

Even if Trump pardoned himself and found such a pardon legal under the Constitution, it would not protect him from civil sanctioning by James or prosecuted by Vance or Fulton County, Georgia, DA, who are investigating whether Trump is investigating breaking the law by pressuring the Georgian foreign minister to “find” him enough votes to undo Joe Biden’s victory in the presidential election there.

Presidential pardons apply only to federal crimes, not state crimes.

James had urged the successful passage of a law in 2019 to close New York’s so-called double-exposure gap, which in some cases was seen as a potential obstacle for prosecutors filing criminal charges against a person who had received a presidential pardon.

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Health

Cuomo faces political disaster attributable to Covid dying probe, bullying accusations

Governor Andrew Cuomo holds a daily press conference at the base of the Mario Cuomo Bridge in Tarrytown, New York on June 15, 2020.

Lev Radin | Pacific Press | LightRocket via Getty Images

What a difference a few months have made for New York Governor Andrew Cuomo – and not in a good way.

Cuomo was hailed last year by many who viewed him as a competent, scientifically respectful, no-nonsense, fatherly counterpoint to Donald Trump’s direct, expertly despicable, and often confusing approach to dealing with the coronavirus pandemic.

Cuomo’s daily press conferences, detailing the gritty Covid-19 stats in New York and urging citizens to take precautions against infection, became a must-see TV for weeks, as did his towel joke in interviews with the CNN presenter Chris Cuomo – his own brother.

As a result, it was discussed again that Cuomo, whose father Mario worried about running for president, earned him the sobriety of “Hamlet on the Hudson,” being a candidate for the Democratic White House nomination in 2024 would, or some position in the federal government before that.

Cuomo even landed a contract to write a book, American Crisis: Leadership Lessons from the Covid-19 Pandemic, which was published in October – even as the crisis continued to threaten his own state and elsewhere.

But it is Cuomo’s management approach to the health crisis that has created a political crisis in his administration that threatens his electoral future.

Thousands of vulnerable New Yorkers died in nursing homes during the pandemic. Your loved ones and the public deserve responses and transparency from their elected leadership.

Alexandria Ocasio-Cortez MP

DN.Y.

The U.S. Department of Justice is currently conducting a criminal investigation into nursing home deaths in New York related to the coronavirus. This was announced this week. The disclosure of this probe came weeks after New York attorney general Letitia James said deaths related to these hires were underreported by the Cuomo administration by up to 50%.

And Cuomo is also facing an effort in the state legislature to deprive him of his emergency powers, a push fueled by resentment at the governor’s verbal armament against lawmakers who stand in his way.

There is even talk of indicting Cuomo.

Alexandria Ocasio-Cortez, the progressive Democrat whose district includes parts of Queens and the Bronx in New York, issued a statement Friday approving requests from other elected officials for a “full investigation into government’s dealings with.” Nursing Homes During the Pandemic “joined. “

Ocasio-Cortez also said she supports “our state’s return to equal governance,” an indication of Cuomo’s years of dominance in the legislature.

“Thousands of New Yorkers at risk were killed in nursing homes during the pandemic,” she said. “Your loved ones and the public deserve answers and transparency from their elected leadership.”

An excuse, a probe

The contrast between Cuomo’s current situation and last fall was vividly illustrated last week when he left the White House without speaking to reporters after speaking to President Joe Biden and other governors and others at the White House about fighting pandemics and vaccinations had spoken to Mayor.

If that meeting had happened last summer, it would be unlikely that Cuomo would have missed the opportunity to share his thoughts on the seat with journalists.

That meeting, however, followed a report in the New York Post that Cuomo’s top adviser Melissa DeRosa recently apologized to Democratic lawmakers for holding back the Covid death count in government nursing homes last year while Trump was still president fear that the statistics will be “used against us” by federal prosecutors.

That excuse apparently raised the prosecutors’ antennas itself.

On Thursday evening, the Wall Street Journal reported that prosecutors from the U.S. Attorney’s Office for the Eastern District of New York had requested data on deaths in nursing homes related to Covid.

The request is “part of a broader investigation into how the state is dealing with the pandemic in these care facilities,” according to sources speaking to The Journal.

A source for the article said the data request came after DeRosa’s apology was reported.

Families of Covid victims and Republican lawmakers in New York last year criticized Cuomo for an order from the state Department of Health requiring nursing homes to withdraw their residents even if they were discharged from a hospital with Covid.

These critics accuse these policies of accelerating the spread of the virus in nursing homes.

Cuomo, whose press office did not immediately respond to a request from CNBC for comment, said this week, “My health experts do not believe it was wrong and we have gone through all the facts multiple times.”

The governor also said he had followed instructions from two leading federal agencies, the Centers for Disease Control and Prevention and the Centers for Medicare and Medicaid Services.

“If we believed it was wrong we would say we believe it is wrong and we made a mistake by following the CDC and CMS guidelines and then I would be the federal government because of Sue for misconduct related to their CDC and CMS policies, “Cuomo said.

“Classic Andrew Cuomo”

On Tuesday, nine Democratic members of the State Assembly sent their colleagues a letter accusing Cuomo of deliberately obstructing the judiciary in violation of federal criminal law. That letter called on the gathering to withdraw the government’s emergency powers granted it last year as the pandemic spread.

“This is a necessary first step in correcting the criminal injustice of this governor and his government,” said the letter, which was signed by Honorable Ron Kim from Queens.

Kim said this week, after being quoted in a New York Post article for criticizing the withholding of data from nursing homes, he received an angry phone call from Cuomo on Feb.11.

“You didn’t see my anger,” Cuomo Kim warned, according to lawmakers. “They will be destroyed,” said the governor, according to Kim.

Kim also told the Post that the governor said, “I can tell the whole world what a bad person you are and you will be done.”

In an interview with NBC New York, Kim said, “He spent 10 minutes calling me names, yelling at me, threatening me and my career, my livelihood.”

Kim’s wife, who allegedly overheard Cuomo for cursing MPs so loudly, was so shocked by the governor’s threats that she “didn’t sleep that night,” said Kim.

Cuomo’s spokesman Rich Azzopardi told The Post that Kim “lied about his conversation with Governor Cuomo”.

“I know because I was one of three other people in the room when the call came,” Azzopardi said, according to The Post.

“At no point did anyone threaten to ‘destroy’ someone with their ‘anger’ or to engage in a ‘cover-up’.” “

Kim had not backed off with his claims.

Kim appeared on ABC’s “The View” on Friday and said, “Cuomo is an abuser.”

New York Mayor Bill de Blasio, who often has a whipping boy for Cuomo, told MNBC’s “Morning Joe” show that the call to Kim was “classic Andrew Cuomo”.

“A lot of people in New York State got these calls, you know, bullying is nothing new,” said de Blasio.

“I believe Ron Kim, and it’s very, very sad – no officer, no person telling the truth should be treated like that.”

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Politics

Capitol Police suspends 6 officers, investigates dozens extra in probe of Jan. 6 riot

A US Capitol police car drives past the US Capitol in Washington, USA on January 26, 2021.

Al Drago | Reuters

The U.S. Capitol Police have suspended six paid officers and are investigating the behavior of more than two dozen others involved in responding to the deadly Capitol riot, the NBC News division said Friday.

The department’s investigation into the January 6 attack, which resulted in five deaths and triggered a joint session of Congress focusing on safety concerns, “is still under investigation,” spokesman John Stolnis said in a statement.

The USCP’s Personal Responsibility Office “is investigating the actions of 35 police officers as of that day,” six of whom are currently suspended for payment, the statement said.

Yogananda Pittman, who took office as incumbent chief shortly after Steven Sund resigned from the USCP following the Capitol violation, “has ordered that any member of her department whose conduct does not comply with the department’s code of conduct be subjected to appropriate discipline will be. “according to Stolnis.

The investigation’s update comes days after House spokeswoman Nancy Pelosi, D-Calif., Announced that Congress will set up an independent commission to investigate the storming of the Capitol by a group of supporters of former President Donald Trump should.

Pelosi’s office did not immediately respond to CNBC’s request for comment on the USCP statement.

Dozens of officials from across the country who took part in the riot or attended Trump’s rally nearby before the mob attacked the Capitol were investigated by their departments, according to an Associated Press poll last month. Some have been charged while others have been on leave, the AP reported.

The security failure that resulted in the Capitol being overrun by Trump’s supporters sparked a massive backlash against the USCP and its leadership. The department’s police union reportedly passed a vote of no confidence in the armed forces’ top leaders, including Pittman, earlier this month.

– CNBC’s Christian Nunley contributed to this report.