Page 111 - Condos News Today

Five condos for $6 million. thats the eye equivalent of $15 million today. and this was the first episode of laundering money for the russian mafia. it continued for many, many years. and over time about 1300 units of trump property were sold under conditions that set off alarm bells in any money laundering circles, that is they were sold to anonymous shell companies in all cash transactions. and the number of russian mobsters of who been in and around trump tower over the years is incredibly di...

>> their relationship goes back to 2001 when michael cohen started buying condos in trump-owned buildings and they really forged their bond then because there was a condo dispute and michael cohen decided he was going to back trump the developer. from that point on trump hired him and hed been working with him at the trump organization since 2007. and over that period of time david schwartz, that lawyer we listened to, he described it as a hot and cold relationship, father and son like. but he w...

>> we have no choice. we have to close? >> thats how i want it. >> 260 banks will go bust. bad loans to the third world. bad loans to the oil industry. bad loans to real estate developers. >> one of the reasons bankers made outrageous loans is the federal deposit insurance. if it went well, you rake in the profit. if it went poorly, the federal government picked up the tab. >> the deregulation they got into the commercial real estate market and lost their shirt. >> all over the united states, pe...

At least 59 contacts over 34 years, and these were real russian gang sters and brutal and heavily tattooed and the russian mafia is very different from the american mafia. it is -- it has its own hierarchy and its own code of honor, and the people of their lives is written in tattoos on their bodies, but at the very top of the chain, the top mobster and chief is vladimir putin. >> do you have any proof that president trump was directly involved in all of this money laundering, this russian mafia...

Boss. so i think that he has a lot of institutional knowledge. >> but how reliable might he really be given that russia stripped him of the rank, the awards and pension, and suspected him of working with the cia. so there is not a lot of the love loss there >> no, not at all, but to be honest, i believe him more than i believe vladimir putin or donald trump. there are records of all of the fails and the money laundering is not in dispute. there is $1 trillion of flight capital from russia since ...

Times" best-selling author craig unger. what is the basis for this reporting and does it mean that donald trump as a president may, quote, owe russia something? >> absolutely. i believe this was the greatest intelligence operation of our times and it ended up putting a russian asset in the white house. i wanted to go back to the beginning and see how and when it began. i kept going back and back. i started looking at all the people who lived in trump tower. all the russians. and i googled them a...

For money laundering and convicted. and i go back to 1984 when a man went into trump tower, put down $6 million, thats the equivalent of $15 million today, in cash, and said, ill take five condos. and he was effectively laundering money, according to the state attorney general of new york. you hear all this talk about revoking national security clearances. if there is one man who would never get a security clearance in a gazillion years, its donald trump. one thing, you have to show your tax ret...

Book, "house of trump, house of putin: the untold story of donald trump and the russian mafia." joining us is craig unger. craig, talk about the mafia and the linkages you make with the trump family and with donald trump. >> right. well, theres been a lot of talk about revoking national security clearances. one thing my book shows, if theres anyone who would never get security clearance it is donald trump. i went back to 1984. i wanted to see how did this begin, how did it start, how and why. an...

The white house without firing a single shot. so i went back to the beginning, and i wanted to see how and why this began. i ended up going all the way back to 1984 when a russian met with trump in trump tower. he bought five condos and came up with $6 million cash. thats the equivalent of $15 million today. that was laundering money for the russian mafia. if you look at trumps career, hes done that at least 1,300 times. by that i mean that hes selling condos to anonymous corporations in all cas...

As i traced things, this happened at least 1,300 times in 1,300 condos over the next 20 or 30 years. >> how do you get -- let me ask you the big question. i know youre going there. how do you get from that thing happening to the trump organization being in on it? >> well, you cant prove what donald trump knows, and the trump organization says, oh, we dont know whos buying these things, brokers sell them, and theyre just not doing any due diligence. the real estate laws are incredibly lax so you ...