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Trump’s Campaign Manager Just Had Millions Of Dollars In Russian Debt Exposed

Laura Conway

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Trump’s Campaign Manager Just Had Millions Of Dollars In Russian Debt Exposed

 

Former Trump campaign chairman Paul Manafort just got exposed as being in Russian debt up to his eyeballs in March 2016 when he began working for the Republican nominee. Manafort is expected to testify in front of the Senate Judiciary Committee next week, along with Donald Trump Jr., who brought the veteran GOP operative – who is now a registered foreign agent – into his illicit meeting with Russian government officials last summer.

Records from the Mediterranean island of Cyprus – a major Russian money laundering center – confirm that Manafort’s shell companies owed $17 million dollars in debts, which he has confirmed. The New York Times reports:

Financial records filed last year in the secretive tax haven of Cyprus, where Paul J. Manafort kept bank accounts during his years working in Ukraine and investing with a Russian oligarch, indicate that he had been in debt to pro-Russia interests by as much as $17 million before he joined Donald J. Trump’s presidential campaign in March 2016.

The money appears to have been owed by shell companies connected to Mr. Manafort’s business activities in Ukraine when he worked as a consultant to the pro-Russia Party of Regions. The Cyprus documents obtained by The New York Times include audited financial statements for the companies, which were part of a complex web of more than a dozen entities that transferred millions of dollars among them in the form of loans, payments and fees.

Paul Manafort’s son-in-law scammed actor Dustin Hoffman for millions of dollars in a minor Ponzi scheme, which led to an FBI investigation into both men that is ongoing. Federal authorities subpoenaed records related to a $3.5 million dollar loan where Manafort skipped paying over $36,000 in taxes owed, which has led New York’s Attorney General Eric Schneiderman to open another investigation.

Manafort borrowed millions of dollars from another Trump campaign advisor’s bank just to avoid foreclosure.

Foreclosure bailouts are very high-risk risk loans, which normal banks generally avoid for anyone, but Federal Savings Bank stepped in and lent Paul Manafort a whopping $16 million dollars on properties far from its Chicago headquarters on both coasts. The Wall Street Journal reports:

Mr. Manafort was at risk of losing both his Brooklyn, N.Y., townhouse and his family’s investments in California properties being developed by his son-in-law, the records show. But in November and January, Mr. Manafort and his wife received as much as $16 million in loans from the Federal Savings Bank, a small bank in Chicago run by Steve Calk. The loans equaled almost 24% of the bank’s reported $67 million of equity capital.

Mr. Calk was a member of Mr. Trump’s Economic Advisory panel who overlapped with Mr. Manafort on the Trump campaign. Around the time his bank made the Manafort loans, Mr. Calk was vying to become Mr. Trump’s Army Secretary, according to three people briefed on the Army interactions. A veteran whose bank caters to former members of the military, Mr. Calk didn’t get the job, and declined to comment on it.

Today’s news from The Times makes it highly likely that Manafort paid his Russian issued debts on American real estate with money from his fellow Trump advisor and office seeker Steve Calk. It’s a sticky legal quandary and could result in any number of charges for improper mixing of business and politics.

When Trump’s campaign hired Paul Manafort, we explained last July why it made him the most corrupt candidate in American history.

Manafort’s tangled international web of shady real estate dealings, his deals to take Russian oligarch money to help Putin and his blatant lies about Russian dealings since then have turned him into a magnet felony investigations. Connecticut’s bar is even mulling a disbarment complaint against him.

Now, prosecutors have their hands and travel schedules full to investigating the Trump Tower resident and sometimes informal Presidential advisor who gleefully calls himself the Count of Monte Cristo.




Via: Occupy Democrats

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Chief Of Staff Confirms That Trump Is Under Investigation By Mueller (VIDEO)

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Chief Of Staff Confirms That Trump Is Under Investigation By Mueller

 

Ever since the investigation into the 2016 election began, President Trump has steadfastly maintained that he isn’t personally under investigation.

Shortly after Special Counsel Robert Mueller was appointed earlier this year, Trump said former FBI Director James Comey had assured him he wasn’t part of the counterintelligence investigation being conducted by the FBI. And while that may be true in regard to counterintelligence, Comey didn’t offer any assurances that Trump wasn’t under criminal investigation.

And on Monday, just hours after indictments of former Trump campaign chairman Paul Manafort and his business partner Rick Gates were unsealed in Washington, the president was on Twitter trying to distract from the growing scandal:

And yet, when White House Chief of Staff John Kelly appeared on The Ingraham Angle Monday evening, he clearly suggested that his boss is indeed being investigated, telling the host:

“It’s very distracting to the president, as it would be to any citizen, to be investigated, while at the same time trying to carry the weight of what it means to be president of the United States on his shoulders.”

If that’s not confirmation, what exactly is?

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As for Kelly’s whining that it’s an added “weight” on Trump to know he’s under the microscope while trying to do his job, all I can say is BOO FREAKING HOO! If he can’t handle the pressure, maybe he needs to step aside and let a legitimately elected person run the country. Someone like Hillary Clinton, who got nearly 3 million more votes than the Orange Menace.

Also, Trump made a choice to associate with unsavory characters like Manafort and Gates. He appointed Michael Flynn to one of the highest positions in the administration despite the fact that he was on the take from both the Russian and Turkish governments. You know the old saying: You are the company you keep.

So here’s a bit of advice for Trump and Kelly: No one wants to hear your pathetic whining. And we don’t believe any of your lies.

Here’s Kelly on Fox News:

https://youtu.be/XIPfK0z6nLc

 

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Harvey Weinstein to TWC Board, ‘I’m Sorry, I Have a Real Problem’

Jamie Florence

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Harvey Weinstein to TWC Board, ‘I’m Sorry, I Have a Real Problem’

 

 

Harvey Weinstein was apologetic and contrite during the Board of Directors meeting Tuesday when he resigned under pressure from the Board … sources connected to the meeting tell TMZ.

We’re told there was no screaming, no yelling, no anger. Harvey Weinstein told the Board, “I have a real problem,” and then apologized for the “trouble and confusion” he caused TWC.

We’re told Weinstein, who was on speaker phone from Arizona, told the Board he needed to build a new life and move on.

Our sources say everyone sounded conciliatory … partly because the handwriting was on the wall.  The Board made it clear Weinstein had a legal obligation to resign from the Board after it ratified his firing from TWC. He did just that.

Harvey, we’re told, was “peaceful” during the meeting and Bob was subdued.

We’re told the sense of the Board is that Harvey Weinstein will not force his firing to arbitration or court.

Our sources say both Harvey and Bob Weinstein have an overriding interest in making sure Colony Capital succeeds in restructuring the company — money. The each have roughly 21% equity interest in TWC, and if the company fails, they walk away with nothing.

As one source put it, “Harvey and Bob have a huge stake in making sure Colony Capital can put Humpty Dumpty back together again.”

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Trump’s Net Worth Plummets By $600 Million

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Trump’s Net Worth Plummets By $600 Million

 

As much as Donald Trump loves to brag about how rich he is, turns out he’s a lot less wealthy than he was a year ago.

Forbes magazine has just released their annual ranking of the 400 richest Americans has some very bad news for the Donald: His net worth has fallen drastically by $600 million, meaning he’s only worth an estimated $3.1 billion. That drops him 92 spots on the Top 400 list, from #146 to #248.

Ouch!

What led to the sudden drop in Trump’s worth? Forbes notes:

“A tough New York real estate market, particularly for retail locations; a costly lawsuit and an expensive presidential campaign.”

Ironically, America’s richest people are richer than they were in 2016, but not Trump.

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For the 24th year in a row, Bill Gates tops the list, with an estimated net worth of $89 billion. Here’s the rest of the top 10:

  • Jeff Bezos, Amazon, $67 billion
  • Warren Buffett, Berkshire Hathaway, $65.5 billion
  • Mark Zuckerberg, Facebook, $55.5 billion
  • Larry Ellison, Oracle, $49.3 billion
  • Michael Bloomberg, Bloomberg LP, $45 billion
  • Charles Koch, Koch Industries, $42 billion
  • David Koch, Koch Industries, $42 billion
  • Larry Page, Google, $48.5 billion
  • Sergey Brin, Google, $37.5 billion

And Trump fared even worse on the Bloomberg’s worldwide billionaires list, which rates his worth at $2.86 billion. That doesn’t even qualify him to be named as one of the 500 richest people in the world.

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Expect a Trump Twitter meltdown before the end of business Tuesday.

Featured Image Via YouTube

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