New Report Reveals Trump Fears Money Laundering Will Come Back And Bite Him, Could Mean His Downfall
Donald Trump’s biggest worry isn’t the ongoing Russia investigation or the Stormy Daniels scandal, according to a new report, his biggest worry is money laundering.
Yes, according to Fusion GPS, the people who hired “pee tape” dossier author Christopher Steele, that’s what Trump is fearing right now.
Fusion GPS wrote a new piece for the New York Times explaining why that’s Trump’s biggest worry right now.
“A string of bankruptcies in the 1990s and 2000s may have left Mr. Trump’s companies largely unable to tap traditional sources of financing,” they write. “That could have forced him to look elsewhere for financing and partners at a time when money was pouring out of the former Soviet Union.”
Right now, it’s unclear whether special counsel Robert Mueller is investigating the matter or not.
“But a comprehensive investigation could raise questions about the Trump Organization’s compliance with anti-money-laundering laws and the Foreign Corrupt Practices Act, which — according to the Securities and Exchange Commission and the Department of Justice — makes it a crime for a United States company to act with willful blindness toward the corrupt activities of a foreign business partner,” they write.
As they note, Fusion “pored over Donald Trump’s business records for well over a year, at least those records you can get without a badge or a subpoena.”
One of the deals they flagged was one with the Bayrock Group, owned by Felix Sater, who is linked to organized crime and who plead guilty to racketeering, and Sunny Isles Beach, “where over 60 individuals with Russian passports or addresses bought nearly $100 million worth of units in Trump-branded condominium towers in a part of South Florida known as Little Moscow. Among them were Russian government officials who made million-dollar investments and a Ukrainian owner of two units who pleaded guilty to one count of receipt of stolen property in a money-laundering scheme involving a former Ukrainian prime minister.”