Manhattan District Legal professional Cyrus Vance introduced on FTI Consulting final 12 months as a part of his workplace’s wide-ranging investigation into attainable insurance coverage fraud, fraud involving lenders, and tax fraud.
Prosecutors typically retain consultants in accounting, cash laundering and tax for sophisticated monetary investigations. Vance’s workplace has additionally recruited Mark Pomerantz, a well-respected lawyer who has deep expertise in advanced white-collar probes.
Representatives for the district legal professional declined to remark. A spokesman for FTI and Magionos didn’t reply to requests for remark.
Magionos, an authorized fraud examiner and accountant, spent 9 years on the FBI the place she labored in its worldwide corruption squad in Washington, DC. She was detailed to the Mueller investigation and traced Manafort’s property throughout 4 nations. Manafort was charged with a number of counts of financial institution fraud, failing to report overseas financial institution accounts, and submitting false tax returns, amongst different crimes.
At Manafort’s trial, Magionos testified that she uncovered a number of overseas financial institution accounts linked to Manafort and traced $15 million in transfers that Manafort used to fund his private life-style, together with an ostrich-skin jacket and landscaping companies for his residence within the Hamptons. Manafort was convicted on eight counts and later pleaded responsible to different costs. Trump pardoned Manafort earlier this 12 months.
Earlier than becoming a member of the FBI, Magionos was a senior auditor at Deloitte. She graduated from the Manhattan Faculty of Music with a level in music in cello efficiency. Magionos left the FBI in 2019 for FTI.
Manhattan prosecutors are combing by means of thousands and thousands of pages of paperwork, together with Trump’s tax returns, which they obtained in February after the US Supreme Courtroom blocked Trump’s try and cease a subpoena to his long-time accounting agency.
Prosecutors are wanting into whether or not the Trump Group misled lenders and insurance coverage corporations concerning the worth of properties and paid applicable taxes. The investigation encompasses Trump Tower, the household property referred to as Seven Springs, its Chicago resort and condominium tower, in addition to the hush cash funds made to silence Stormy Daniels, the grownup movie star who alleges an affair with Trump. Trump has denied the affair.
Fischetti joins the Trump group the place he’ll work carefully with Alan Futerfas, who has represented the Trump Group for the reason that particular counsel investigation.
“I’ve labored with Ron Fischetti for many years in giant and complex circumstances and he’s merely one of many most interesting attorneys on the market — full cease. We’re fortunate to have him,” Futerfas informed CNN. Futerfas declined to touch upon Magionos.
Futerfas and Fischetti within the Nineties represented two people charged in an alleged mafia-linked garbage-carting case. A number of defendants have been charged within the case however solely their two went to trial, which lasted 9 months. Prosecutors had recordings of the defendants, who have been convicted.
Fischetti, who labored with Pomerantz for about eight years the place they tried a minimum of one case collectively, mentioned of his former legislation companion, “He is an expert and wonderful lawyer.”
“There’s a whole lot of work to do right here. I am actually pleased to be on board,” Fischetti informed CNN.
“It may warmth up. They did not deliver me in to simply do subpoenas,” he mentioned.