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Mon Dec 25, 2017, 03:22 PM

Ivanka Trump Diamonds Embroiled In Alleged Money-Laundering Scheme: Report

From Newsweek: http://www.newsweek.com/ivanka-trump-diamonds-caught-alleged-money-laundering-scheme-757168

Diamonds from first daughter Ivanka Trump’s now-defunct fine jewelry line were allegedly used in a massive money-laundering and fraud scheme, according to a federal court filing, GQ reported.

The Commercial Bank of Dubai in late June sought and later got permission to subpoena Ivanka Trump Fine Jewelry, claiming its diamonds were vehicles in a scheme to hide about $100 million owed to the financial institution, GQ reported on Friday based on filings at the U.S. District Court for the Southern District of New York made over the summer.

The bank has not accused Trump’s business of wrongdoing, but the timeline of the case suggests that any alleged transactions would have occurred when Ivanka Trump Fine Jewelry was licensed under the corporate entity “Madison Avenue Diamonds,” which is named in the documents. Trump has cut her connections with Madison Avenue Diamonds.

The bank’s case is the latest in a string of alleged fraud schemes dogging the Trump family. Trump SoHo in Manhattan is accused of serving as a magnet for funds from Russia and Kazakhstan and is “a monument to spectacularly corrupt money-laundering and tax evasion,” a lawsuit claims. Trump Ocean Club in Panama and Trump Baku in Azerbaijan also face money-laundering accusations.

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Reply Ivanka Trump Diamonds Embroiled In Alleged Money-Laundering Scheme: Report (Original post)
Saviolo Dec 2017 OP
underpants Dec 2017 #1
delisen Dec 2017 #2
Hugin Dec 2017 #3
mitch96 Dec 2017 #4
Irish_Dem Dec 2017 #8
lame54 Dec 2017 #5
RhodeIslandOne Dec 2017 #6
miyazaki Dec 2017 #7

Response to Saviolo (Original post)

Mon Dec 25, 2017, 03:48 PM

1. I think a feather just knocked me over

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Response to Saviolo (Original post)

Mon Dec 25, 2017, 04:01 PM

2. Ivanka Trump, the Laundress. n/t

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Response to delisen (Reply #2)

Mon Dec 25, 2017, 04:03 PM

3. This is as close as she's ever been to doing actual, y'know...

laundry.

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Response to Saviolo (Original post)

Mon Dec 25, 2017, 04:30 PM

4. So how would that work??

She "borrows" dirty money from "X". She buys diamonds and sells them legitimately thru her store. Then kicks back the clean cash (less fees) from the sale to her lender,"X".
Cocaine cowboys use to do this all the time down here in So Fla. Way to many "exotic" car dealerships popped up in the '80s...... I mean how many Ferrari's, Lambo's etc can one little town handle....

m

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Response to mitch96 (Reply #4)

Mon Dec 25, 2017, 07:46 PM

8. I think this is how it works. But I am not sure if the Trumps always paid the money back

to the dirty money lender? Hence they were owned by the Russians?

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Response to Saviolo (Original post)

Mon Dec 25, 2017, 04:31 PM

5. That's the indictment I want to see...

Trump will lose his shit

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Response to Saviolo (Original post)

Mon Dec 25, 2017, 06:51 PM

6. LOCK HER UP!!!!

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Response to Saviolo (Original post)

Mon Dec 25, 2017, 07:15 PM

7. diamonds are forevor, like life sentences.

happy new year.

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