Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

kpete

(72,010 posts)
Fri Mar 17, 2017, 06:44 PM Mar 2017

Russian elite invested nearly $100 million in Trump buildings

A Reuters review found that at least 63 individuals with Russian passports or addresses have bought at least $98.4 million worth of property in seven Trump-branded luxury towers in southern Florida.

...........

“I can tell you, speaking for myself, I own nothing in Russia,” President Trump said at a news conference last month. “I have no loans in Russia. I don’t have any deals in Russia.”

But in the United States, members of the Russian elite have invested in Trump buildings. A Reuters review has found that at least 63 individuals with Russian passports or addresses have bought at least $98.4 million worth of property in seven Trump-branded luxury towers in southern Florida, according to public documents, interviews and corporate records.

The buyers include politically connected businessmen, such as a former executive in a Moscow-based state-run construction firm that works on military and intelligence facilities, the founder of a St. Petersburg investment bank and the co-founder of a conglomerate with interests in banking, property and electronics.

People from the second and third tiers of Russian power have invested in the Trump buildings as well. One recently posted a photo of himself with the leader of a Russian motorcycle gang that was sanctioned by the United States for its alleged role in Moscow’s seizure of Crimea.


MORE:
http://www.reuters.com/investigates/special-report/usa-trump-property/
6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Russian elite invested nearly $100 million in Trump buildings (Original Post) kpete Mar 2017 OP
That's why Mar-a-lago is the real White House for 45. ananda Mar 2017 #1
The most we can hope for is a president who thinks the earth is 6000 years old. Eliot Rosewater Mar 2017 #2
It's promixity to his Russian patrons. dalton99a Mar 2017 #3
They didn't invest matt819 Mar 2017 #4
Bingo. dalton99a Mar 2017 #6
Yeah, the question was never how much you had invested in Russia, Donald. tanyev Mar 2017 #5

Eliot Rosewater

(31,113 posts)
2. The most we can hope for is a president who thinks the earth is 6000 years old.
Fri Mar 17, 2017, 06:47 PM
Mar 2017

And who wants to torture gay people.

Latest Discussions»General Discussion»Russian elite invested ne...