This time, it’s about money
HARVEY WEINSTEIN is in the hot seat with federal prosecutors for what one source called a possible “money laundering scheme” involving amfAR and its fashion-designer chairman, Kenneth Cole.
The new federal criminal probe, first reported by the New York Times, centers on Weinstein’s behind-the-scenes maneuvering to have $600,000 raised at an amfAR auction paid out to the Cambridge, Mass.-based American Repertory Theater, which previously staged his Broadway-bound play “Finding Neverland.”
Weinstein made available several auction items that raised more than $900,000 for the New York-based AIDS charity at its 2015 gala in Cannes. But even before the items went on the block, Weinstein struck a deal with Cole to have $600,000 of their proceeds go to the nonprofit theater.
That six-figure payment was earmarked to reimburse Weinstein and his fellow investors the licensing fee they paid for the rights to stage “Finding Neverland,” a well-placed source told the Daily News.
“We did receive a subpoena. We are cooperating. It is my understanding we are not a target but considered a witness,” Gary Lewi, a spokesman for amfAR and Cole, told The News.
Reached by The News Friday, Weinstein’s spokeswoman said there’s no evidence he violated state or federal charity laws .