HumblePi
DP Veteran
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- Sep 3, 2018
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Yeah, but we know he laundered massive sums thru his kids.
He didn't need his kids to launder dark money. I'll show you one way he laundered massive amounts of money. This is public knowledge, I didn't even have to go to court to get it. All anyone has to do is 'follow the money', it always leaves a trail behind.
Russian elite invested nearly $100 million in Trump buildings
A Reuters review found that at least 63 individuals with Russian passports or addresses have bought at least $98.4 million worth of property in seven Trump-branded luxury towers in southern Florida.
MIAMI/MOSCOW – During the 2016 presidential campaign, Donald J. Trump downplayed his business ties with Russia. And since taking office as president, he has been even more emphatic.
“I can tell you, speaking for myself, I own nothing in Russia,” President Trump said at a news conference last month. “I have no loans in Russia. I don’t have any deals in Russia.”
But in the United States, members of the Russian elite have invested in Trump buildings. A Reuters review has found that at least 63 individuals with Russian passports or addresses have bought at least $98.4 million worth of property in seven Trump-branded luxury towers in southern Florida, according to public documents, interviews and corporate records.
Trump has helped launder Russian dark money through one of his six Sunny Isles high rise condo units. Why would he help Russian billionaires to launder their money here in the US? Easy answer, because he gets a big cut of the money and he gets the power of the Kremlin through these oligarchs.
Let me break this down in simpler terms that you'll be able to understand. This is only one small example of how Russian money was filtered down to Trump.
Strange real estate deal raises specter of Putin buying Trump - SFChronicle.com
In July 2008, Donald Trump undertook one of his most infamous transactions. He sold a mansion in Palm Beach for $95 million to Dmitry Rybolovlev, Russian oligarch and billionaire. Trump had purchased it four years earlier for $41.35 million. The sale price was nearly $54 million more than Trump had paid for the property, even though he had made only modest improvements in it.
This was how Trump operated in other projects like Sunny Isles.
Six Trump towers later, kitschy Sunny Isles becomes Moscow-by-the-Sea
(Igor)Fruman, a 53-year-old native of Belarus and owner of what the New Yorker describes as an aptly named nightclub in Odessa, the Mafia Rave, and Parnas, 47, his Ukrainian-born business partner, have been charged with channeling nearly $700,000 in illicit foreign donations to Republican campaigns, including $325,000 to a pro-Trump political action committee. (Florida Gov. Ron DeSantis and Sen. Rick Scott have apparently rid themselves of the pair’s tainted donations.)
Here's how it worked. A Russian wants to get rid of his dirty money that he made in Ukraine or Belarus or somewhere over there by Russia. So they put it in a bank of course, but not just any bank. It must be a bank that looks the other way as far as where large deposits of cash are coming from. So it's either the Bank of Cyprus or Deutsche Bank. They put a large sum of money in the bank and want to use some of that in the US for whatever purposes, like donating to the GOP and the election of Donald Trump.
They purchase a property, since real estate is the simplest way to launder money because nobody checks on those transactions. So they pay $50 million US dollars transferred from Deutsche Bank to Donald Trump who is selling his property that has a value of $20 million, for the amount of $50 million. Trump then pays off his own loan on the property and has a spare $40 million or so to do as he wishes.