Mayor Eric Adams Faces Scrutiny Over Campaign Finance Practices
New findings reveal irregularities in matching fund claims and ongoing federal charges related to his 2021 campaign.
- The Campaign Finance Board (CFB) flagged over $166,000 in unreported transactions from Mayor Eric Adams' reelection campaign, including questionable expenditures at a jewelry store, steakhouse, and for travel expenses.
- Half of the matching fund claims submitted by Adams' campaign in the latest reporting period were deemed invalid, the highest rejection rate his campaign has faced to date.
- Federal prosecutors have indicted Adams on charges of defrauding New York City's campaign finance system during his 2021 mayoral bid, alleging he solicited illegal donations and misused public funds.
- The CFB is set to announce whether Adams' 2025 campaign will receive public matching funds, with millions of dollars at stake as he faces several challengers in the upcoming Democratic primary.
- Adams' campaign has been criticized for delayed responses to CFB audits, with unresolved issues from his 2021 campaign still under review, including $2.3 million in undocumented expenses.