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Wed Mar 29, 2017, 01:47 PM

Manafort Bought New York Homes With Cash

Paul Manafort, Donald Trump's former campaign chairman, made millions through his work over the years for Ukrainian and Russian oligarchs.

Manafort also bought New York City real estate, some of it in what appeared to be all-cash deals. And in a series of complex transactions involving various companies, Manafort took out more than $13 million in loans on several of those properties including $6.5 million borrowed this year from a bank run by an economic advisor to the Trump campaign.

Now, with Manafort figuring in an FBI investigation into allegations that the Trump campaign colluded with Russia, his dealings in New York City are coming under renewed scrutiny. They fit a pattern that experts say raises questions about how Manafort was moving money.

http://www.nbcnews.com/news/us-news/trump-aide-manafort-bought-new-york-homes-cash-n739796

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Reply Manafort Bought New York Homes With Cash (Original post)
HAB911 Mar 2017 OP
HAB911 Mar 2017 #1
mitch96 Mar 2017 #2
OnDoutside Mar 2017 #7
kentuck Mar 2017 #3
ProudLib72 Mar 2017 #4
Johnny2X2X Mar 2017 #5
mitch96 Mar 2017 #8
Gabi Hayes Mar 2017 #9
Cha Mar 2017 #6

Response to HAB911 (Original post)

Wed Mar 29, 2017, 01:49 PM

1. Focus on Manafort, Stone, Flynn, & Page.




Focus on Manafort, Stone, Flynn, & Page. Don't forget Tillerson's Exxon ties & the money it will make if US-Russia sanctions are lifted.


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Response to HAB911 (Original post)

Wed Mar 29, 2017, 02:15 PM

2. All-cash deals

Cocaine dealers use to do a similar deal down here in So Fla.. They had bags of cash and had no where to "clean" it. So they would by very high end cars from private sellers for cash... After acquiring a bunch of cars they would sell them at "High end auto boutiques" for a slight to no profit.. BOOM cash cleaned. There are still some around but I think they are legit now..

m

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Response to mitch96 (Reply #2)

Thu Mar 30, 2017, 06:51 AM

7. Back in the leadup to the introduction of the Euro in 2002,

there was a massive rush to buy properties in Spain by Irish customers. They went over with suitcases full of Irish pounds, converted it to Spanish pesetas, and bought the property. Then after a year or two, sold it for little or no profit, but received the money in Euros !

The Russians are there now, buying up lots of properties !

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Response to HAB911 (Original post)

Wed Mar 29, 2017, 02:20 PM

3. Also bought properties from Donald Trump:

<snip> from the article


In 2006, the year he reportedly began working for Deripaska, Manafort bought a condo in Trump Tower for $3,675,000 through an LLC called John Hannah. John is Manafort's middle name, and Hannah is the middle name of that of his then-business partner, Rick Davis.

In January 2015, the deed to the Trump Tower condo was transferred from John Hannah LLC to Paul and Kathleen Manafort. Three months later, the Manaforts took out a $3 million mortgage from UBS Bank USA for the condo.

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Response to HAB911 (Original post)

Wed Mar 29, 2017, 02:23 PM

4. At this point

if you told me Manafort paid for homes with the blackmarket human organs of Ukrainian orphans, I wouldn't even blink.

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Response to HAB911 (Original post)

Wed Mar 29, 2017, 02:25 PM

5. Money laundering

Paying cash and then taking out a loan against it, that's a tell tale red flag for money laundering.

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Response to Johnny2X2X (Reply #5)

Thu Mar 30, 2017, 11:43 AM

8. Money laundering

In some circles it's called "a good business practice".. uffda..
m

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Response to Johnny2X2X (Reply #5)

Thu Mar 30, 2017, 11:48 AM

9. David Cay Johnston last night said they've been doing this a long time:

 

Russians buy gazillions of dollars worth of real estate in NYC, then sell them off, thus cleaning up the money spent. they didn't give a rat's ass if they lost money on the sales...CODB. they had SO much cash that a few million here, few million there was a pittance

remember, that's exactly what Rybolovlev and trump pulled off with the Miami house sale

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Response to HAB911 (Original post)

Thu Mar 30, 2017, 06:31 AM

6. Thinking no one would notice?

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