Joshua Teverow, a Providence attorney who, as GoLocalProv exclusively reported, is cooperating with the US Attorney's Office as part of the Speaker Gordon Fox investigation, may be little known to the public, but is well-known as a donor to many of Rhode Island's most prominent politicians. GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST
According to GoLocal's review of federal and state campaign finance reports, Teverow and his wife Cheryl (the Teverows divorced in February of 2014) have donated under $40,000. His donations are almost entirely to Democrats - only Lincoln Chafee ($1,000 when he was a Republican) and GOP Lt. Governor candidate Catherine Taylor ($150) scored donations from the Teverows.
Among the Teverows' favorites were David Cicilline who received $9,375 in state donations and an additional $750 to Cicilline's Congressional campaign for a total of $10,125.
As GoLocal reported earlier after securing a copy of a letter from Joshua Teverow’s attorney Patrick J. Quinlan to PEDP counsel, Teverow is seeking attorney fees and indemnification from PEDP. In the letter, Quinlan writes, “I have been advised by the U.S. Attorney’s office that Mr. Teverow is not a target or a suspect in the investigation. Rather, he is a “friendly” witness who’s being asked to testify before the Federal Grand Jury about his work for the PEDP on this matter.”
Donation to Top Democrats
This year's star Democrats have received tens of thousands from the Teverows. Beyond Cicilline, Gubernatorial candidate Gina Raimondo received $2,375 from the Teverows, who also gave $1,100 in state donations to Sheldon Whitehouse, $1,200 to U.S. Senator Jack Reed, and $750 to Congressman Jim Langevin.
Elorza and Cianci
The Teverows have not donated to any of the Mayor candidates this election cycle, but in 2000 Joshua Teverow gave $500 to then Mayor Vincent Cianci and he has been a donor to two of Elorza's biggest supporters Michael Solomon and Myrth York. Solomon received $825 from Teverow and York received $100.
Fox Donor
While Teverow is emerging as a critical cooperating witness for the US Department of Justice in the Fox investigation, he was also a donor to Fox. While Teverow was sub-contracting legal work to Fox for work relating to closing PEDP loans, he donated a total of $1,825 to Fox while he was Finance Committee Chair, Majority Leader and Speaker of the House.
As GolocalProv reported, on March 22, "Law enforcement officials raided the office and home of Speaker of the House Gordon Fox on Friday morning as part of a joint investigation by the U.S. attorney's office, the FBI, IRS and Rhode Island State Police."
Following the raid, the United States Attorney's Office for the District of Rhode Island confirmed that there was an ongoing law enforcement matter, but did not confirm an investigation into Fox.
"I'm not going to offer any comment at all, but to confirm the obvious, that there is a federal and state law enforcement presence at the State House in an ongoing law enforcement matter," said Jim Martin with the Office."
Rhode Island Campaign Finance - Donations by Joshua and Cheryl Teverow
EDITOR'S NOTE: The total of Joshua and Cheryl Teverow's donation as a couple were $36,000. The donations from Cheryl Teverow post February of 2004 were after their divorce. Cheryl's donations after from 2004 totaled just over $3,000 to both state and federal candidates.
Related Slideshow: INVESTIGATION: Fox, Corso and 38 Studios
Fox was emerging as a powerful leader in the House via his role on the Finance Committee and later as Finance Committee Chair. Corso served on the management team at developer's Buff Chace's Cornish Associates.
The two worked together to write and pass the Historic Tax Credit Legislation.
Bio attached from the early 2000's - Cornish Assoicates Website.
Insiders Had Hands All Over Schilling’s 38 Studios Deal
The owner of the construction company that was awarded a contract to work on the interior of 38 Studios’ downtown headquarters has close ties to House leadership and other prominent local politicians, GoLocalProv has learned.
Steven Nappa, who owns Nappa Construction Management, has contributed over $16,000 over the last decade to top politicians including House Speaker Gordon Fox, Congressman and former Providence Mayor David Cicilline, Providence Mayor Angel Taveras, former House Speaker William Murphy and former House Finance chairman Steven Costantino. In June 2011, Nappa also contributed $1,000 to the Fund for Democratic Priorities, a political action committee maintained by House leadership.
Nappa is also connected with Michael Corso, a Providence lawyer who has made a fortune helping to sell state tax credits and was involved in the earliest meetings between Schilling and Rhode Island officials. The two hosted a private fundraiser at the Peerless Lofts for then-Majority Leader Fox in 2007. Nappa also helped build the movie screen located in the open space next to Tazza, the downtown café owned by Corso.
Corso himself has contributed $11,625 to Fox, Cicilline, Taveras, Murphy and other local politicians in recent years.
The Providence lawyer who pledged more than $14 million in Rhode Island motion picture tax credits that had not actually been issued as collateral in order to obtain an $8.5 million loan for Curt Schilling’s 38 Studios is now playing a behind-the-scenes role in a Michael Corrente movie that is slated to receive $625,000 in state tax credits, GoLocalProv has learned.
Michael Corso, a top tax credit broker whose loan agreement with BankRI is among several 38 Studios-related matters currently being investigated by state and federal authorities, is one of seven producers for “Backmask,” a horror film currently being shot in Exeter, according to IMDB. Corso’s business partner, Anthony Gudas, is listed as the executive producer and former State Rep. John Loughlin has a small role in the film.
On Monday, the Rhode Island Film and TV Office confirmed the film has received an “Initial Certification Letter” for the tax credits. Corso did not respond to a request for comment.
Questions Surround Speaker Fox’s Relationship with 38 Studios Insider
Several weeks after initial inquiries from GoLocalProv, House Speaker Gordon Fox still isn’t answering questions about a 2007 fundraiser held for him by the lawyer who would play a pivotal role in bringing Curt Schilling’s 38 Studios to Rhode Island three years later.
In March 2007, Michael Corso, Steven Nappa and Robert Britto of Nappa Building Corp. and former State Representative Ray Rickman were listed as the hosts of a private fundraiser held in the Peerless Lofts for the then-Majority Leader. The event, which helped Fox rake in approximately $10,000, was catered by Tazza, the downtown café owned by Corso.
But while Fox’s campaign finance reports from the time include details about several other fundraising events held during the first quarter of 2007, there is no information listed about expenses incurred for the Corso-hosted event, which may constitute a campaign finance violation.
“Speaker Fox has been extremely busy entering the final two weeks of the session, but he will soon be checking the campaign records from five years ago,” Fox spokesman Larry Berman told GoLocalProv on June 4. “If corrections are necessary to the report, he will make them.”
38 Studios Insiders Have Been Connected Since May 2009
The lawyer at the center of the deal that brought Curt Schilling’s 38 Studios to Rhode Island had a business relationship with a top executive at the video game company a year before a piece of legislation that expanded the EDC’s Job Creation Guaranty Program was pushed rapidly through the General Assembly.
On May 29, 2009, Michael Corso, a top tax credit broker whose relationship with House Speaker Gordon Fox helped steer 38 Studios to the Ocean State, struck a deal to purchase credits handed out for the multi-million dollar Stone House hotel project in Little Compton from the Round Pond Management Corporation, whose President was Tom Zaccagnino.
By June of that year, Zaccagnino, who was also the co-managing director at the Wellesley Advisors Corporation in Maynard, MA, had become Vice Chairman and Lead Director of 38 Studios. A month later, Haymarket Capital, an LLC with the same address as the Wellesley Advisors Corporation, was involved with the seven-figure bridge loan a group of Rhode Island investors provided to 38 Studios.
In March of 2010, Zaccagnino and Schilling met with Speaker Fox and former EDC director Keith Stokes in Corso’s downtown law office. By May, the General Assembly had expanded the EDC’s loan guarantee fund from $50 million to $125 million, the exact amount the EDC awarded to 38 Studios later that summer.
38 Studios Contractor Ordered to Install Equipment in Fox’s Crony’s Bar
A former subcontractor for 38 Studios is alleging that his firm was ordered to work on former Speaker of the House Gordon Fox's business colleague Michael Corso's bar as part of their contract - and has produced what he says is documentation to prove it.
Project manager Michael Rossi with SyNet, Inc. has revealed a budget for work which he says shows at $25,000 line item for work to be done at Corso's Tazza Cafe in 2011 -- under a job order for the failed 38 Studios.
Warwick-based SyNet bills itself as "the premier design-build low voltage contractor of structured cabling, access control, surveillance and audio visual systems in the Northeast."
Representative Mike Chippendale, Senior Deputy Minority Leader and Secretary of House Oversight who is leading the investigation into 38 Studios along with Rep. Karen MacBeth, told GoLocal, "[Rossi] has hit a number of things on the head, things he wouldn't have been able to have known otherwise. He was able to validate some things, and the State Police has said they have determined the [budget] document has credibility."
"We're moving in the right direction," said Chipendale, who along with Macbeth have both been the target of mail threats in the past month. "We've kicked the hornets' nest."
Rossi said when he was working at SyNet, he was aware the 38 Studios work could be a possibility. "When my boss called me to say we got the project, that I was going to oversee the [network infrastructure] work, I thought, "Wow...38 Studios. This is big."
"As soon as I started working, they told me to order cable right away," continued Rossi. "I didn't have a permit. Arguments went back and forth. I walk out, I say I don't have a budget, I'm not doing it. I get berated by my boss to get back on the job. Next day, I get the budget, I'm back on the site -- and there are walls up already, with no permits pulled."
A portion of the SyNet 38 Studios budget document with a line item for work on Corso's Tazza bar and restaurant.
