This article is a work of editorial opinion that reflects the author’s viewpoint as supported by factual evidence. This article may not represent the opinion of RDTDAILY.COM, its parent or affiliates.
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In Putin’s regime, business, organized crime and intelligence are intertwined.
Related Article: New details about major Russian money-laundering investigation raise the stakes of Trump Tower meeting.
Going into his investigation Mueller clearly understood that Russian intelligence statecraft most often is indistinguishable from Russian business, and that Russian operatives are often discovered to have been navigating international flows of huge amounts of illegal Russian capital into and out of various countries. In Vladimir Putin’s regime, Russian business and Russian organized crime and Russian intelligence are often intertwined, and Putin has used all of these avenues as weapons against the US. Mueller’s mandate, of course, is investigating possible collusion relating to the 2016 presidential election. Mueller’s investigators are looking to unravel this collusion by scrutinizing and following the money trail of illegal capital between Trump and Russia.
The largest sources of illegal Russian capital.
One company, Bayrock, and one of Bayrock’s largest capital projects, Trump SoHo Tower, often appears on Mueller’s money trail, as one of the largest sources of illegal Russian capital, flowing directly from Russian sources to the Trump organization. A decade later, after the Bayrock company would become defunct and the Trump SoHo Tower would continue to be embroiled in ongoing litigation, the multi-million dollars of “questionable sources,” of Russian capital that flowed through this company and this project have found its way into the heart of Mueller’s investigation. The fact that Bayrock, which began working with Trump nearly 15 years ago, is now in Mueller’s sights suggests that as Bloomberg News reported, Trump SoHo is now among one of the targets special counsel Robert Mueller is scrutinizing in his probe into ties between Trump and Russia.
$1.3 trillion of Russian money flows into the US.
From its very inception in the 1990s, Bayrock has been covertly Putin-owned and operated, and backed by his Russian oligarchs, whose sole intent was to launder close to $1.3 trillion in illicit capital into the US, with the expressed purpose of taking financial control of Trump’s entire real estate empire and in doing so of Trump himself. Bayrock and a partner, the Sapir Organization and third co-owner—Donald J. Trump, would go on to invest roughly $1 billion of Russian capital in various Trump-Bayrock projects in Phoenix, Fort Lauderdale, and elsewhere while laundering $250 million in Russian capital directly into the Trump SoHo project and over $100 million in Russian capital into other Trump real estate projects directly to all of the Trumps—Donald Sr., Ivanka, Eric, and Donald Jr.—who either controlled or managed these projects. What happened to the millions of Russian dollars that were invested in the Trump SoHo project, no one may ever know? The building changed hands in 2014, after a foreclosure sale, but, according to Pro Publica, the Trump Organization still manages and markets the property, for which it pays Trump 5.75 percent of the condo tower’s operating revenues. In 2015, according to federal financial-disclosure reports, Trump made $3 million off the building.
Trump condos used for Russian money laundering.
As other Mueller indictments unfold more charges related to Bayrock can be expected. Among them allegations that the Trump condos themselves throughout the US are still being used as vehicles for Russian money laundering operations to this day. These transactions are the ones that Robert Mueller’s team of investigators are determined to unravel. One case drawing Mueller’s attention was reported by the Financial Times last year. A case in point of a Russian energy minister and Trump business partner, Viktor Khrapunov. It seems Khrapunov may still be laundering hundreds of millions of dollars of Russian money through a complex web of bank accounts and shell companies while continuing to funnel illegal Russian money to Trump by buying Trump condos all over the United States.
(This is Article #17 in our Corrupt Nation series reporting on the demise of a corrupt U.S. President.)
OTHER CORRUPT NATION ARTICLES OF INTEREST BY THIS AUTHOR:
[ARE PUTIN AND TRUMP EXPENDABLE?] [HOW MUELLER ENSNARED FLYNN] [HOW MUELLER WILL BRING DOWN TRUMP] [WHO WILL BRING TRUMP DOWN?] [MANAFORT KEY TO TRUMP TAKE-DOWN] [THE MUELLER PERFECT MCCONNELL/TRUMP STORM] [MUELLER’S FINGERPRINTS ON TRUMP] [THE TRUMP/RUSSIAN EMAILS] [TRANSITION TEAM EMAIL DISPUTE] [WHO WILL BE LEFT STANDING AFTER THE HOLIDAYS?] [MUELLER’S TAKE-DOWN OF KUSHNER AND BANNON] [ROE HATING PENCE REPLACES TREASONOUS TRUMP]
The article is a work of editorial opinion that reflects the author’s viewpoint as supported by factual evidence. This article may not represent the opinions of RDTDAILY.COM, its parent or affiliates.
Paul Cogan is a writer for the RDTDAILY.COM based in Toronto, Ontario, Canada. He specializes in coverage of justice, political, economic, and environmental news. You can follow Paul on
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