Nationwide Enquirer For Sale Two Months After Jeff Bezos Scandal

Andrew Cummings
April 14, 2019

Amazon founder and CEO Jeff Bezos is slated to meet with federal prosecutors in NY in the coming days as authorities investigate his claim Saudi Arabia tried to extort him.

The company said in a statement that it has chose to "explore strategic options for its National Enquirer (US and United Kingdom editions), Globe and National Examiner brands, which will likely result in their sale in the near future".

Last year, AMI cooperated with federal prosecutors to avoid charges and admitted it made a $150,000 hush-money payment to a former Playboy magazine model to prevent her from going public ahead of the 2016 election with claims that she had an affair with Trump.

He accused of threatening to publish explicit photographs of him unless he stopped exploring his messages were acquired by the Enquirer together with Sanchez, the tabloid's writer. Bezos' attorneys also had no comment.

Amid these developments, Bezos has expanded his legal team, adding attorney Matthew Schwartz, a partner at law firm Boies Schiller Flexner LLP who spent a decade as a federal prosecutor in NY, the people familiar with the matter said. The Associated Press reported past year that Pecker kept a safe that held documents on hush money payments and killed stories, including records on ones involving Trump.

The Washington Post reported yesterday that America Media Inc. was looking to unload its beleaguered tabloid, the National Enquirer.

The Enquirer and Saudi Arabia have denied wrongdoing.

"Our investigators and several experts concluded with high confidence that the Saudis had access to Bezos' phone, and gained private information", de Becker wrote in an opinion article in the Daily Beast. "There was no involvement by any other third party whatsoever".

In an open letter to the Amazon leadership, which was signed by 4,074 Amazon workers, they said Amazon has the resources and scale to fight climate change, which they called "an existential threat". Saudi Arabia's minister of state for foreign affairs said recently that the kingdom had "absolutely nothing to do with" the matter.

AMI's chief executive, David Pecker, is a longtime friend of President Donald Trump.

According to CNN, Bezos could meet with federal officials as soon as this week to hand over his personal electronic devices for examination.

Other reports by iNewsToday