General Discussion

mucifer

(23,569 posts) Sat Feb 10, 2018, 07:57 PM Feb 2018

Trump Sold A $40 Million Estate To A Russian Oligarch FOR $100 Million A Democratic Senator Wants to

Know Why:

A Democratic Senator wants the Treasury Department to hand over records relating to President Donald Trump’s sale of a Palm Beach estate which he bought for $41 million to a Russian oligarch for $95 million only four years later.

"It is imperative that Congress follow the money and conduct a thorough investigation into any potential money laundering or other illicit financial dealings between the president, his associates, and Russia," wrote Senator Ron Wyden, an Oregon Democrat, reported ABC Friday.

Wyden, who sits on the Senate Intelligence Committee that is investigating alleged collusion between the Trump camp and Russia, wrote that the transaction between Trump and oligarch Dmitry Rybolovev is being probed by Special Counsel Robert Mueller.

In the request, he notes the timing of the 2008 sale, which came months after Trump Entertainment Resorts filed for Chapter 11 bankruptcy, and while the then real estate mogul was struggling to find banks willing to lend to him.

http://www.newsweek.com/trump-sold-40-million-estate-russian-oligarch-100-million-and-democratic-802613?piano_t=1

19 replies

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Highlight:

Trump Sold A $40 Million Estate To A Russian Oligarch FOR $100 Million A Democratic Senator Wants to (Original Post) mucifer Feb 2018 OP

Classic money laundering tactic. n/t Downtown Hound Feb 2018 #1

yep I think Rachel has talked about this transaction triron Feb 2018 #9

A long time ago. Maybe a year or so. ooky Feb 2018 #19

2008 was when real estate values started to plummet TexasBushwhacker Feb 2018 #2

that's a little beyond normal rising home values... FactyDude Feb 2018 #3

"Did they put in a swimming pool?? " mitch96 Feb 2018 #5

That and many other Trump properties. C_U_L8R Feb 2018 #4

more info on properties -- link Hermit-The-Prog Feb 2018 #10

Rachel covered this a few months back. WinstonSmith4740 Feb 2018 #6

He "builds things...great things..." BigmanPigman Feb 2018 #8

+1 dalton99a Feb 2018 #14

Wilbur Ross They_Live Feb 2018 #7

Wasn't property values in Florida (along with the rest of the country) plummeting in 2008 itsrobert Feb 2018 #11

Yes Yo_Mama_Been_Loggin Feb 2018 #17

Mainstream media reported NOTHING about this in 2015 or 16. BadgerMom Feb 2018 #12

This kind of stuff was all over the WaPo and he still was elected by votes or by hacking mucifer Feb 2018 #13

It's about time someone got around to this world wide wally Feb 2018 #15

Wyden keeps the pressure on Blecht Feb 2018 #16

This would be Rybolovlev triron Feb 2018 #18

Downtown Hound

(12,618 posts)

1. Classic money laundering tactic. n/t

Reply to mucifer (Original post)

Sat Feb 10, 2018, 07:59 PM

Feb 2018

triron

(22,022 posts)

9. yep I think Rachel has talked about this transaction

Reply to Downtown Hound (Reply #1)

Sat Feb 10, 2018, 10:00 PM

Feb 2018

ooky

(8,929 posts)

19. A long time ago. Maybe a year or so.

Reply to triron (Reply #9)

Sun Feb 11, 2018, 02:22 AM

Feb 2018

TexasBushwhacker

(20,215 posts)

2. 2008 was when real estate values started to plummet

Reply to mucifer (Original post)

Sat Feb 10, 2018, 08:04 PM

Feb 2018

Especially in Florida.

FactyDude

(41 posts)

3. that's a little beyond normal rising home values...

Reply to mucifer (Original post)

Sat Feb 10, 2018, 08:07 PM

Feb 2018

Did they put in a swimming pool??

lol...

mitch96

(13,926 posts)

5. "Did they put in a swimming pool?? "

Reply to FactyDude (Reply #3)

Sat Feb 10, 2018, 08:29 PM

Feb 2018

And a runway, a bomb shelter.. Oh and the ski jump... can't forget that...
m

C_U_L8R

(45,021 posts)

4. That and many other Trump properties.

Reply to mucifer (Original post)

Sat Feb 10, 2018, 08:21 PM

Feb 2018

This clown truly is an international criminal.

Hermit-The-Prog

(33,439 posts)

10. more info on properties -- link

Reply to C_U_L8R (Reply #4)

Sat Feb 10, 2018, 10:10 PM

Feb 2018

For more on this, see the following link (from a post on DU earlier):

https://newrepublic.com/article/143586/trumps-russian-laundromat-trump-tower-luxury-high-rises-dirty-money-international-crime-syndicate

WinstonSmith4740

(3,059 posts)

6. Rachel covered this a few months back.

Reply to mucifer (Original post)

Sat Feb 10, 2018, 09:34 PM

Feb 2018

The best part? Rybolovev tore it down.

BigmanPigman

(51,630 posts)

8. He "builds things...great things..."

Reply to WinstonSmith4740 (Reply #6)

Sat Feb 10, 2018, 09:49 PM

Feb 2018

and others tear them down. I can't wait for him and his spawn and spawn-in-law to get torn down and buried like his "great" buildings.

Hey, Mr. Builder, Where's the great infrastructure you said you would build????????

dalton99a

(81,598 posts)

14. +1

Reply to WinstonSmith4740 (Reply #6)

Sat Feb 10, 2018, 10:53 PM

Feb 2018

They_Live

(3,240 posts)

7. Wilbur Ross

Reply to mucifer (Original post)

Sat Feb 10, 2018, 09:48 PM

Feb 2018

might have some answers?

itsrobert

(14,157 posts)

11. Wasn't property values in Florida (along with the rest of the country) plummeting in 2008

Reply to mucifer (Original post)

Sat Feb 10, 2018, 10:31 PM

Feb 2018

I remember watching news reports about large condo communities almost vacate in Florida. How does one double his money in a housing market collapse?

Yo_Mama_Been_Loggin

(108,212 posts)

17. Yes

Reply to itsrobert (Reply #11)

Sun Feb 11, 2018, 01:51 AM

Feb 2018

The led the country in underwater mortgages for several years after that.

BadgerMom

(2,771 posts)

12. Mainstream media reported NOTHING about this in 2015 or 16.

Reply to mucifer (Original post)

Sat Feb 10, 2018, 10:39 PM

Feb 2018

It was out there for anyone to research and report. The idea that both sides do it is a concept right wing crybabies used as bait. The unthinking MSM swallowed that bait hook, line and sinker to the detriment of the entire nation. Effing emails were nothing. Trump is part of global organized crime. Corporate media wants that?

We have to campaign, vote and GOTV because our democracy depends on it. Then there’s a ton of work to do.