Giuliani’s associate Lev Parnas had a “Fraud Guarantee pow wow” with… Ivana Trump? New reporting shows they had other business ties

In 2015 Lev Parnas and Ivana Trump met at a Miami club that shared the same address as a company Ivana worked for in the 1990s. During that time they also had close business associates who now work together.

By Wendy Siegelman and Stacy Jannis

2015 photo of Lev Parnas and Ivana Trump at Lique

An April 23, 2015 photo from Lev Parnas’s private instagram account was published by the Wall Street Journal and shows Parnas posing next to Donald Trump’s ex-wife Ivana Trump, two women and his business partner David Correia. They are at the Miami Beach restaurant Lique, with a caption saying: Fraud Guarantee pow wow at Lique The atmosphere TRUMPS the rest! #FraudGuarantee #IvanaTrump #bigbusiness #greatvibe #lastnight #Trump

Fraud Guarantee

Giuliani has described Parnas and Fruman as his clients, and Reuters reported that in August 2018 Parnas paid Giuliani $500,000 to consult for his firm Fraud Guarantee:

Lique is at same address as Ivana’s former business

Originally called Rouge in 2011, the restaurant was reopened as Lique in 2014 by Ukrainian immigrant and restaurateur Alex Podolnyy.

Ivana Trump’s 5th Avenue Channel Corp deal

In the late 1990’s, Ivana was contracted by a group of Florida-based private investors, traders, and stock promoters, including Mel Rosen and Charles Arnold, to host a shopping channel and website. Their joint venture ended up a failure, complete with accusations of stock price manipulation, fraud and threats to investors.

Ivana Trump & pump and dump stock accusations

In 1998, Ivana was accused of helping to inflate Tel-Com’s stock prices after announcing the launch of shopping site “5th ave dotcom” on the Rosie O’Donnell show. At the same time Tel-Com was being exposed as a haven of penny stock swindlers and mob related thugs. From the December 1998 Wall Street Journal:

The notorious Vax brothers

After bad press emerged about Tel-Com, and several investors complained that they had been threatened at their homes by Michael and Boris Vax, Ivana’s attorney said his client knew nothing about them, and she was “gung ho” on the business.

Parnas and Gringberg stock fraud, 1990’s style

Parnas and Grinberg made their American Dream come true during the heyday of penny stock pump and dump schemes. They were both featured in a December 2000 Jewish Press article about Chanukah in Brighton Beach, where they sponsored a street celebration. According to the article:

Grinberg and Arnold are now business partners

The overlaps in business associates of Lev Parnas and Ivana Trump continues today. Currently Parnas’ long-time friend and former business partner Robert Grinberg and Ivana Trump’s former shopping channel backer, Charles Arnold, are partnered in two separate business ventures.

A multitude of overlapping connections

In addition to the one photo showing Lev Parnas and Ivana Trump in April 2015 at Lique, it’s not evident they have further ties of any kind. But it is clear that they have business associates from the late 1990s through the present, who have in turned worked with each other, or have gone to prison together.