Gerald Migdol is the founder of Harlem-based real estate management and development company, Migdol organization.
Gerald Migdol was previously arrested for involving in a campaign finance scheme that reportedly involved Brian Benjamin’s campaign. However, the authorities did not hold him responsible at that time.
But now, he had surrendered himself and admitted his involvement in the scheme.
Who Is Gerald Migdol?
Gerald Migdol is the founder and president of the Migdol Organization. It is a Harlem-based real estate management and development company.
It provides ancillary social services, legal and security companies, and multiple non-profits committed to the Harlem community’s health, education, and welfare.
According to his bio on the company profile, he is an attorney with a background in the building trades who has spent over 40 years in the city buying, developing, and turning around mismanaged properties.
Throughout his career, he has overseen the administration of hundreds of apartments in many states and provided crises immediate takeover management for the Resolution Trust Company, Freddie Mac, and local Supreme Court Receiverships.
Additionally, he is also into charity work. After his son Daniel died in Harlem in 2008, his family established The Daniel Migdol Memorial Fund to assist young people in need.
NY Lieutenant Governor Brian Benjamin Arrested In Campaign Finance Scheme
Brian Benjamin, the NY lieutenant governor, has turned himself in to authorities to face a campaign finance scheme charges. It is in connection with a previous campaign.
His arrest comes following rumors that federal prosecutors in Manhattan and the FBI were looking into whether he willfully participated in a campaign finance fraud conspiracy.
The lieutenant was investigated when his fundraiser, Gerald Migdol, was detained by the FBI in November. He has been charged with wire fraud concerning an alleged campaign fraud plot involving prior Benjamin donations.
According to Patch.com, prosecutors allege that between October 2019 and January 2021, Migdol set up a scheme to conceal the true sources of campaign contributions flowing to “a candidate for New York City Comptroller” to secure matching funds.
It is a city program that pays candidates money if they receive enough small-dollar donations. As a result, he was charged with wire fraud, conspiracy to commit wire fraud, and aggravated identity theft.
Explore Gerald Migdol Net Worth- How Rich Is He?
Gerald Migdol has not revealed his net worth details yet. However, he is an attorney and a businessman who owns a real estate company.
Therefore, he may have impressive wealth. He is also involved in charity work.