Manafort Financial Deals Are

artappraiser — Fri, 23 Jun 2017 20:26:12 +0000

In reply to Vanity Fair summarizes and

Manafort Financial Deals Are Under Scrutiny by F.B.I.

By MIKE McINTIRE @ NYTimes.com, June 23

It was not clear if the inquiry was part of the broader Russia investigation that has ensnared Paul Manafort, Donald Trump’s former campaign chairman

Vanity Fair summarizes and

artappraiser — Thu, 30 Mar 2017 15:08:26 +0000

In reply to Laundromat: Trump's Real Business Model

Vanity Fair summarizes and links to two new stories on Manafort money laundering:

The Mystery of Paul Manafort Takes Another Strange Turn
by Abigail Tracy, March 29
Two new reports raise questions about whether the former Trump campaign chairman was involved in money laundering.
Read more

One is this @ NBC News, reporting from LIMASSOL, Cyprus

Manafort-Linked Accounts on Cyprus Raised Red Flag

by Aggelos Petropoulos and Richard Engel, March 29

The other is this WNYC (NYC's PBS station) story:

Paul Manafort's Puzzling New York Real Estate Purchases

by Ilya Marritz and Andrea Bernstein, March 28

Beyond Manafort, I found the latter interesting along the lines of laundering money in real estate in general. Especially as anyone who knows Manhattan is disturbed by how in the last decade it is being sort of occupied by people who don't actually live there. and as regards the subject of the artificial elevation of real estate values in certain areas. These paragraphs in particular:

Last spring, the Obama Treasury Department was so alarmed by the growing flow of hard-to-trace foreign capital being used to purchase real estate through shell companies that it launched a special program to examine the practice within its Financial Crimes Enforcement Network, or FinCen. The Geographic Targeting Order, or GTO, required that limited liability company disclose the identity of the true buyer, or “beneficial owner,” in property transactions.

In February, FinCen reported initial results from its monitoring program: “about 30 percent of the transactions covered by the GTOs involve a beneficial owner or purchaser representative that is also the subject of a previous suspicious activity report,” it said. The Trump Treasury Department said it would continue the monitoring program.

Deutsche Bank and More

artappraiser — Thu, 30 Mar 2017 01:10:55 +0000

In reply to Laundromat: Trump's Real Business Model

Deutsche Bank, Mirror Trades and More Russian Threads

By Ed Caesar

@ The New Yorker, March 29

A mirror-trading scheme overlaps with a much larger money-laundering operation, and should be investigated.

dagblog - Comments for "Laundromat: Trump's Real Business Model"

Manafort Financial Deals Are

Vanity Fair summarizes and

Deutsche Bank and More