Thursday, June 27, 2024

Ex-Trump Associate Felix Sater Loses Money-Laundering Trial

Felix Sater, the Moscow-born deal maker who was once part of Donald Trump's inner circle, lost a civil trial in which he was accused of helping a wealthy Kazakh man launder millions of dollars through US real estate including condos at the Trump SoHo tower.

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... A federal jury in Manhattan issued the verdict Wednesday in favor of the city of Almaty, Kazakhstan, and one of the country's biggest lenders, BTA Bank, awarding more than $32 million in damages, including interest, according to the lawyer for the plaintiffs, Matthew L. Schwartz of Boies Schiller Flexner LLP.

The loss in court is a setback for Sater, a controversial real estate operative who once had offices at Trump Tower. ...



#1 | Posted by LampLighter at 2024-06-27 02:07 PM

Criminals of a feather flock together.

#2 | Posted by Nixon at 2024-06-27 02:11 PM

I can't wait for the full tale of all trump's russian connections to be told.

#3 | Posted by SpeakSoftly at 2024-06-28 07:02 PM

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