An investigative journalist explained on MSNBC’s “Morning Joe” that President Donald Trump’s real estate business was essentially a money laundering front.
Craig Unger alleges in his new book, “House of Trump, House of Putin,” that the president had been compromised by Russian intelligence for years through his ties to mobsters who pumped money into his family’s real estate empire.
“I go back nearly 40 years, and I see essentially the greatest intelligence operation of our times,” Unger said. “It started off in 1984 with a man who has ties to the Russian mafia, and he meets with Donald Trump in the Trump Tower, the supreme moment of Donald Trump becoming a master of real estate in the United States — and what we end up seeing is Trump Tower become sort of a cathedral of money laundering.”
That mob associate paid $6 million in cash for five condominiums, and Unger tracked hundreds of similar transactions over the following three decades.
“That sets off a pattern that goes on for the next 30 years or so, in which over 1,300 condos are sold in what appears to be money laundering,” Unger said. “They have two characteristics. One, they are all cash purchases. Two, they are shell purchases, they’re anonymous purchases. The records don’t show who the true owners are.”
Unger said the illegal transactions had made Trump an asset of the Russian government and its president, Vladimir Putin — a former KGB operative — because he said there was no meaningful difference between the country’s organized crime network and its intelligence agencies.
“I can’t get inside Donald Trump’s mind, but he’s meeting with this guy,” Unger said. “We know there are about 1,300 other operations in which he’s profiting heavily from that. If he can go through that and doesn’t figure that out, he’s either inexplicably stupid or there is a legal concept of willful blindness, and perhaps that’s what’s going on.”
DOJ money laundering probe of Deutsche Bank includes Kushner transactions: report
The U.S. Department of Justice (DOJ) is conducting a criminal investigation of possible money laundering violations by Deutsche Bank, and the New York Times is reporting that the probe will include taking a look at some 2016 transactions involving Kushner Cos. — the business owned by the family of Senior White House Advisor Jared Kushner, President Donald Trump’s son-in-law.
In banking, reports of possibly suspicious activity are known as “suspicious activity reports,” and the DOJ is investigating why Deutsche Bank prepared such alerts for activity involving Kushner Cos. but did not file them. A key figure in the DOJ’s investigation is whistleblower Tammy McFadden, who helped prepare suspicious activity reports for Kushner Cos.-related transactions. McFadden is a former compliance officer for Deutsche Bank.
Joe Biden promises to answer questions about his son’s overseas business dealings — after he’s elected
Joe Biden refused to answer questions about his son's overseas business dealings.
The Democratic presidential frontrunner has been criticized for conducting diplomatic work as vice president in countries were his son, Hunter Biden, was engaged in business, but he refused at two campaign stops Monday to take questions about the controversy, reported ABC News.
Instead, his campaign promised that Biden would issue an executive order "on his first day in office" to "address conflicts of interest of any kind."
US Justice Dept. tells court migrant children in federal concentration camps don’t need soap or toothbrushes
The Trump administration's Justice Dept. lawyers say migrant children detained in federal concentration camps do not need soap or toothbrushes despite a settlement agreement that requires the U.S. Government to keep them in "safe and sanitary" facilities. The DOJ also argues that the children, detained in the Southern border camps, can continue to sleep on cold concrete floors in overcrowded cells without being in violation of the agreement.
The DOJ made the argument Tuesday before a three-judge panel of the Ninth Circuit, Courthouse News reports, noting the judges appeared "incredulous" with the government's claims.