Donald Trump Was Bailed Out of Bankruptcy by Russia Crime Bosses

[Rollo]

Donald Trump Was Bailed Out of Bankruptcy by Russia Crime Bosses

Among the powerful facts that DNI missed were a series of very deep studies published in the [Financial Times] that examined the structure and history of several major Trump real estate projects from the last decade—the period after his seventh bankruptcy and the cancellation of all his bank lines of credit. ...

The money to build these projects flowed almost entirely from Russian sources. In other words, after his business crashed, Trump was floated and made to appear to operate a successful business enterprise through the infusion of hundreds in millions of cash from dark Russian sources....

The Trump Organization was a hollow shell and Trump was bankrupt, but Donald Trump the public figure was a “successful businessman,” a screen behind which criminal activity could be carried out on a massive scale. Throwing his name at every scheme in existence wasn’t a strategy, it was a fire sale on Trump’s respectability. Steaks? Water? Vodka? Fake real estate school? You pony up the cash, and Trump will slap his name on it. Because by the early 2000s, Trump wasn’t just broke, he had nothing left to pawn. He wasn’t a successful businessman, but he still played one on TV. His image had more value than his real estate portfolio.

But the apartments and buildings where Trump held some degree of ownership could be turned into value again. All it took was partnering with foreign crime bosses looking for a place to stash their cash. To inflate the value of his portfolio, Trump had to do nothing other than look away as the dirty money poured in from one LLC to the next. Citizens in Russia, Kazakhstan, and other former Soviet states lost hundreds of millions, but Trump got a cut as looted funds flowed through offices and apartments in buildings that carried those critical gold letters.

[Guy Whitey Corngood]

1. K & Fuckin' R

[GusBob]

2. Ok were these pro Putin Russians or Russians antagonistic to Putin?

Because according to the dossier Trump was funneling info to the Kremlin about Russians in the US, their families and there businesses. The report claimed that Putin was "preoccupied" with their business.

There is no doubt that Russians were buying Trump property in NY and S. Florida. They came to America and knew the name from his visits to Russia

If Trump was going behind their backs reporting to Putin, to me this is not weak beer

If they are Russian crime bosses hostile to Putin ( I think they stole state borne wealth when they emigrated to the US, hence Putins ire) and Trump betrayed them, there could be hell to pay for Trump

[kentuck]

3. Sounds like a criminal enterprise?

In my opinion.

[gratuitous]

4. I strongly suspect that to be true

Which is why Trump doesn't dare release his tax returns or financial information. His dealings with the Russian mob (not the Russian government, so his denials yesterday had that grain of truth) are, I suspect, quite extensive.

[elmac]

9. yep, you can pretty much take it to the bank

pardon the pun

[Wellstone ruled]

5. And the Saudi's bailed his ass out

years earlier.

Trump is a Business Disaster. After following all of his Debt obligations,appears he can not place his so called Business Ventures in a viable blind trust. Looks like he owes more debt than he can service and is doing some type of Check Kiting to stay afloat.

[underpants]

6. Excellent read. Will go through the links later.

Bookmarking

[Fast Walker 52]

7. of course he was...

he's so freaking corrupt and in bed with them, he would be executed for treason if it were 50 years ago.

[Fast Walker 52]

8. also, fuck the GOP, fuck Glenn Greenwald and fuck the media who enabled this monster

[safeinOhio]

10. Apeasesers

Isn't that what Repub were calls the President last year?

[GreenEyedLefty]

11. This is a must read.

It is worth the time to follow the links and also independently research the major players in this story. There are some real scumbags out there, that is for sure.

I remember a NYT story about Bayrock a few years back and how real estate is a way for organized criminals to launder money. It stands to reason that someone as unprincipled and greedy as Trump would want in on that.