Thursday, April 18, 2024

Fox on Rox: US Prosecutors Said to Offer Roger Ailes’ CFO Immunity for Testimony

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Some people worried that Preet Bharara’s dismissal as US Attorney in New York would end the probe into Fox News. Wrong.

Turns out, according to the Financial Times, the US Attorney’s office has offered immunity to ex CFO Mark Kranz in exchange for his testimony. Kranz was CFO from 2004 until last year, and was fired right after Ailes. Kranz knows where the money is buried in settlements made by the company but never reported to women who claimed sexual harassment.

The Gretchen Carlson case brought out all this out, but there were other settlements rumored over the years. At least one of them involved prime time star Bill O’Reilly.

The government is trying to ascertain if Fox News didn’t disclose these settlements to its stockholders at 21st Century Fox.

More to come…

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.
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