Per audited financial statements submitted in a NYS Supreme Court case, Madison Avenue Diamonds LLC dba Ivanka Trump Fine Jewelry incurred cumulative losses of $19 million bet its inception in '07 & '12. In '12 alone, the business lost $1.8m....
...In '12, Ivanka & her business partner & close friend, Moshe Lax, replaced the ITFJ president w Geoffrey Hess who had no prior experience in the retail or jewelry industries. In fact, Hess was a former partner in Giuliani Partners per LinkedIn...
...Coincidentally (or not), 2012 was the same year Jared Kushner entered into a real estate partnership w Raz Steinmetz, nephew of convicted diamond dealer, Beny Steinmetz per the NYT....
...Geoffrey Hess had previously worked w Raz Steinmetz & his father, Daniel, in '07 in connection w a deal bet a company owned the Steinmetz family, Sage Capital & Giuliani Partners per the WSJ...
...As many as my followers know, the DOJ under AG Sessions filed a civil complaint against Moshe Lax, his wife & sister in July '18, charging them w evading $62 million in taxes. The case is ongoing....
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