New York Attorney General Letitia James

Ask New York Attorney General Letitia James to open a Martin Act investigation of Jared Kushner and his firm, Affinity Partners, for securities fraud. Affinity collects fees from the governments of Saudi Arabia, Qatar, and the United Arab Emirates while Kushner negotiates with those governments on behalf of the United States, and their filings describe them as an investment fund. The Attorney General’s Investor Protection Bureau takes complaints from anyone, in any state. Section 352 of New York’s General Business Law lets her open an investigation on a complaint, with no case filed.

Where to send it

• Online: the Attorney General’s securities fraud complaint form at pcf.ag.ny.gov/form/FFC

• Mail: Office of the Attorney General, Investor Protection Bureau, 21st Floor, Attention: Complaint Unit, 28 Liberty Street, New York, NY 10005. The Bureau’s printable complaint form works for this.

• Fax: (212) 416–8816. FaxZero sends a fax from your browser for free.

• Phone: 1–800–771–7755 (main helpline) or (212) 416–8222 (Investor Protection Bureau)

• Public: comment on her posts at newyorkstateag.substack.com, and tag @TishJames and @NewYorkStateAG

Write it in your own words. Identical messages get counted once. Say who you are, why you care, and what you want: an investigation under General Business Law § 352 into whether Affinity Partners’ offering documents and Form ADV misrepresent the purpose of the fund and the nature of its fees, and whether the brochure Affinity gives investors discloses the conflicts created by their sole owner negotiating for the United States with the governments that supply 99 percent of its capital.

Points to cover:

1. Affinity reports $6.16 billion under management, 99 percent of it from clients outside the United States, principally the sovereign wealth funds of Saudi Arabia, Qatar, and the United Arab Emirates.

2. Affinity collected about $157 million in fees between 2021 and 2024, and as of July 2024 had generated no return and distributed nothing to investors, by their own disclosures to the Senate Finance Committee. Senator Ron Wyden and Representative Robert Garcia estimate another $60 million in fees in 2025.

3. Bloomberg reported on May 14, 2026 that the three governments pay the fees “in hopes of gaining influence at the White House.”

4. The New York Times reported on March 13, 2026 that Kushner sought at least $5 billion more from the same governments while negotiating with them for the United States.

5. In December 2025 Paramount Skydance named Affinity in an SEC filing as a funder of its tender offer for Warner Bros. Discovery, a company headquartered in New York.

6. Senator Ron Wyden wrote in September 2024 that Affinity’s fees were unusually high and that their dependence on foreign governments “suggests a compensation scheme designed to circumvent FARA and other U.S. laws.”

7. In December 2024 Kushner said Affinity had raised $1.5 billion in advance so it would not have to raise money during Trump’s term, “to avoid any conflicts.” In 2026 they sought $5 billion more.

I’m sharing my complaint but encourage you to write your own and explain why this matters to you, and to America.