Trump SoHo criminal fraud case Ivanka Don Jr dropped after campaign donation – Business Insider money laundering methods


Eric trump, donald trump jr., and ivanka trump and donald trump

Attend the ground breaking of the trump international hotel at

The old post office building in washington july 23,

2014. REUTERS/gary


The manhattan district attorney’s office dropped a criminal case

Against president donald trump’s two eldest children, donald jr.

And ivanka, after trump’s longtime personal lawyer made a hefty

Donation to the district attorney’s campaign, according to a

Joint investigation

By propublica, WNYC, and the new yorker.

Investigators were reportedly on the verge of

Indicting ivanka and don jr. On federal fraud charges in

2012 after learning that they h ad intentionally misled

Investors and buyers about the value of the trump soho


Prosecutors obtained several emails that indicated the trump

Children knew they were misrepresenting the value to buyers, the

Report said.Money laundering methods in one of them, the trump children

Discussed how to coordinate false information they

Had presented to investors, according to four people who saw the


In another, the report said, donald trump jr. Reassured a broker

Who expressed concerns about the false information that no one

Would find out about it, because only people on the email chain

Or in the trump organization knew about the deception, according

To a source who saw the email.

When the district attorney’s office opened an

Investigation into ivanka and donald jr.

In 2010, it appeared that the case would move forward despite

Defense lawyers’ claims that their clients’ actions didn’t meet

The standards of criminal misconduct.

But according to the report, things changed when trump got

Involved and brought in marc kasowitz, his longtime personal

Defense attorney who also represented him in the russia

Investigation earlier this year.Money laundering methods

In 2012, kasowitz reportedly donated $25,000 to manhattan

District attorney cyrus vance jr.’s reelection campaign in 2012,

According to the report. He then went to vance directly and made

The same argument defense lawyers had previously made which, at

The time, didn’t appear to sway prosecutors about the merits of

The case.

Vance returned kasowitz’s campaign contribution shortly before

The meeting, but three months later, vance told his staff to drop

The case, according to the investigation. Less than six months

Later, kasowitz again donated to vance’s campaign, this

Time totaling more than $50,000.

Vance maintains that he made the right call by ordering the case

To be dropped, according to the report. He i nsisted that

Accusations of unethical conduct have “no connection to

Reality.” additionally, the plaintiff’s attorney in the soho case

Sent a letter to vance in november 2011 informing cance

money laundering methods

That his clients “amicably settled the litigation” against

Ivanka and don jr.

We acknowledge that the defendants have not violated the

Criminal laws of the state of new york or the united states, the

Attorney wrote at the time. The letter was published in full by

Real-estate publication the real deal,

Which noted that the settlement would have made it very

Difficult for vance to land a guilty verdict against trump and

His partners.

Vance has yet to return the $50,000 campaign contribution,

However. He says he plans to because he doesn’t want the money

To be a millstone around anybody’s neck, including

The office’s.

The trump family’s business dealings — including the trump soho

Project — are reportedly being examined by special

Counsel robert mueller as he investigates potential collusion

Between the trump campaign and russia during the election.

Of particular interest has been trump’s collaboration with

money laundering methods

The real-estate firm bayrock, which he worked with on at

Least four projects — including the trump soho.

Bayrock was co-founded by felix sater, a russia-born businessman

Who advised the trump organization on real estate deals from

The early 2000’s and into late 2015. Reports emerged last month

That he and trump’s lawyer, michael cohen, pushed to secure a

Trump tower moscow deal at the height of the presidential


Sater, who was accused nearly two decades ago

Of being a

Co-conspirator in a $40 million fraud and

Money-laundering scheme involving four mafia families,

Escorted ivanka and don jr. Around moscow in 2006 when their

Father was scouting real estate in russia. They stayed for

Several days at the hotel national moscow opposite the

Kremlin, according to the new

York times .

A lawsuit brought in

2010 against sater and his partner, tevfik arik, alleged that

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For most of its existence [bayrock] was substantially and

Covertly mob-owned and operated, engaging in a pattern of

Continuous, related crimes, including mail, wire, and bank fraud;

Tax evasion; money laundering; conspiracy; bribery; extortion;

And embezzlement.