Josh Lafazan had billionaire couple cover at least K of college payments

Josh Lafazan had billionaire couple cover at least $50K of college payments

A Lengthy Island pol in a aggressive congressional race had a billionaire couple cowl no less than $50,000 of his school tuition funds.

Nassau County Legislator Josh Lafazan, a Democratic frontrunner within the Aug. 23 major for the seat representing Lengthy Island’s northern shore, listed in current monetary disclosure filings that billionaire investor Bryan Lawrence and his spouse Elizabeth are a “creditor” who supplied him a “scholar mortgage” totaling $50,001 to $100,000 in September 2020.

Underneath federal election regulation, Lafazan can settle for such assist as a result of it predates the beginning of his congressional candidacy earlier this 12 months.

Nonetheless, election regulation specialists say it actually violates the spirit of regulation limiting particular person donations — or doubtlessly worse — contemplating data present Lafazan was rich sufficient to funnel $166,000 of his personal cash into his marketing campaign coffers. They are saying he might have simply used that very same money to pay his scholar loans.

Nassau County congressional hopeful Josh Lafazan reportedly obtained a $50,000 “scholar mortgage” from billionaire investor Bryan Lawrence and his spouse Elizabeth.Fb

Apart from the mortgage, the Lawrences donated a complete of $20,300 to Lafazan’s congressional marketing campaign. Data additionally present the marketing campaign gave Bryan Lawrence again $5,800 as a result of he exceeded the utmost quantity allowed in the course of the election cycle.

Jerry Goldfeder, a longtime election lawyer, advised The Publish the mortgage “might be construed” by the Federal Election Fee as an “oblique fee” or “oblique switch of cash” to Lafazan, which enabled him to contribute money to his marketing campaign that was “legitimately not his personal.”

“The FEC appears very rigorously on the sources of a candidate’s cash when they’re making large contributions or loans to their very own marketing campaign as a result of it must be their very own cash legitimately,” he stated.

The FEC declined remark.

The 28-year-old county legislator can be employed as an advisor for Northwell Well being, and he reported incomes greater than $184,000 final 12 months. He holds a doctorate in training from College of Pennsylvania and a grasp’s diploma in training from Harvard College, in response to his LinkedIn web page.

Kim Devlin, an advisor for Lafazan’s marketing campaign defended the association with the Lawrences, saying “the details are that Josh was capable of get a mortgage for graduate college from a good friend as an alternative of a financial institution or college mortgage firm. He absolutely disclosed it on his public monetary disclosure, and it was a mortgage that was made effectively earlier than his run for Congress.”

Lafazan is searching for to turn into one of many youngest members of Congress. He entered race for the third District seat — which features a sliver of northeast Queens and northwest and central Nassau County — after Democratic incumbent Tom Suozzi determined to not search re-election and mount a failed marketing campaign for governor.

As of June 30, data present Lafazan had raised $1.53 million for the race — probably the most of any Democratic major candidate. Others working embody PR maven and longtime Democratic Nationwide Committee member Robert Zimmerman and Deputy Suffolk County Govt Jon Kaiman.

Josh Lafazan apparently earned greater than $184,000 whereas working as an advisor at Northwell Well being in 2021.Twitter

Republican George Santos, a financier, would be the GOP nominee. He misplaced to Suozzi two years in the past, however specialists say the Republicans have an actual likelihood of taking the seat this 12 months with no incumbent working.

About Muji Sakawari

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