ICYMI: Trump Associate Felix Sater Loses Money Laundering Trial
ICYMI: Trump Associate Felix Sater Loses Money Laundering Trial
Ex-fed Martin Sheil flags a report that Sater just lost a big civil case to a Kazakh bank that charged the Trump colleague with laundering ill-gotten gains through real estate, including Trump’s
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This was always a mob story.
Just read my American Monster series…
And as Marty just flagged for us, Trump criminal associate Felix Sater — a key figure in the Trump Tower Moscow project — just lost a civil case to a large Kazakh bank that had charged Sater with money laundering through real estate, including through the Trump Organization, where Sater worked.
As Sheil, a retired IRS criminal investigator, just wrote to me:
H
Speaking of parasites and Russian money laundering types associated with the Trumpster…
Flying under the radar is the news that Felix Sater lost a civil case to a large Kazakh bank who charged Sater with laundering ill-gotten gains through real estate and YES that includes TRUMP real estate.
Sater testified that he really didn't care about the source of the money he moved, which was a self-inflicted wound that the jury just could not ignore.
Felix now owes the Kazakhs big bucks.
Think his buddy — the felon — will help him out?
Know what happens when you don't pay back Kazakhs what you owe them?
Felix does.
Bannon might be better off going to prison!
m
ps Sater will only be paying the price monetarily as he lost a civil suit to a big bank called BTA.
Sater was not found guilty of any criminal charges so the authorities do not have any leverage over Felix to compel a flipping.
What is good about the BTA civil suit win against Sater is that it publicly reinforces the fact not the theory that Trump properties were used for money laundering purposes.
No one can take that FACT away now. That fact along with the likelihood that Sater will never be able to sleep soundly as long as he owes money to Kazakhs brings me some small joy.
Lets savor our victories a bit no matter how small as I fear what might be coming down a fairly short road...
marty
The case of Sater, a Russian-born real estate developer, who boasted a business card with the Trump Org, involves Viktor Khrapunov, a former government minister in Kazakhstan. The Kazakhstani government claimed Khrapunov embezzled millions of dollars and the ex-politician is wanted by Interpol.
According to Bloomberg, “a federal jury in Manhattan issued the verdict Wednesday in favor of the city of Almaty, Kazakhstan, and one of the country’s biggest lenders, BTA Bank, awarding more than $32 million in damages, including interest, according to the lawyer for the plaintiffs, Matthew L. Schwartz of Boies Schiller Flexner LLP. The loss in court is a setback for Sater, a controversial real estate operative who once had offices at Trump Tower. ‘I reject the verdict and will be appealing,’ Sater said in a telephone interview.”
For those new to these long-time Trumplandia players, you can learn all about Felix Sater in part one of the brilliant Zembla documentary series — The Dubious Friends of Donald Trump: The Russians…
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Is Tevfik Arif connected?
Wow. The widening gyre of international corruption with DJT in a pivotal position. Why is he not in prison?