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Karol 🌿 @karolcummins
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🌳#GolfCourses🌳

The Ultimate Status Symbol for Money Laundering Oligarchs Here and Abroad.
Russian super-rich build their own golf courses
Their penchant for super-yachts and owning football clubs is well known but Russia's tycoons are now shopping for a new rather larger status symbol: their own custom-built golf course.
telegraph.co.uk/news/worldnews…
Metals tycoon Deripaska is ahead of the curve. He already has an exclusive £18.5 million Jack Nicklaus-designed championship course in Moscow. The initial membership fee is a cool £185,000 & the club says it is extremely picky about who it allows to join.
telegraph.co.uk/news/worldnews…
Vladimir Potanin, who made his money from Russia's vast nickel reserves, is also in the process of building a course, as is Elena Baturina, Russia's richest woman.
telegraph.co.uk/news/worldnews…
Andrei Komarov, a senator in Russia's upper house of parliament whose wealth comes from steel pipes, who seems to be the most committed. He is ploughing £370 million into a chain of golf clubs in three Russian regions.
telegraph.co.uk/news/worldnews…
Eric Trump said family golf courses attracted Russian funding.

Eric Trump said 3 years ago the Trump Org had “all the funding we need out of RU” for its golf course projects, according to an author recounting the 2014 meeting with Trump and his son.
theguardian.com/us-news/2017/m…
Trump’s Russian Laundromat

How to use Trump Tower and other luxury high-rises to clean dirty money, run an international crime syndicate, and propel a failed real estate developer into the White House.

Likewise Golf courses.
newrepublic.com/article/143586…
Purchasing a golf course is a way to make 💰 look legitimate without banks or regulators scrutiny. It’s also a good way to evade so-called “capital controls,” which limit, the amount of money Chinese citizens can transfer out of the country.
wired.com/story/if-trump…
it’s not what Donald Trump or Michael Cohen did in any single transaction that raises red flags—it’s how they conducted business day in and day out. The layers of shell companies, the contracts involving pseudonyms, the law firm cut-outs to make deals.
wired.com/story/if-trump…
SARS Reports were triggered by odd withdrawals and payments by the Russian embassy around the time of the US election, and are the subject of part of Mueller’s probe.
Money laundering is a huge—literally physically huge—problem: Illicit drug sales in the US alone are estimated at around $60B to $100B a year, which translates, into about 20M physical pounds of currency, far too much to be moved easily or spent easily.
wired.com/story/if-trump…
“Real estate is a big issue for money laundering and has been for a long time,”. “If you’ve got a condo or a shopping center or a golf course, the money has already been placed, it’s already been layered, it’s the final stage—integrated/legitimate.
wired.com/story/if-trump…
Purchasing a golf course is a way to make 💰 look legitimate without banks or regulators scrutiny. It’s also a good way to evade so-called “capital controls,” which limit, the amount of money Chinese citizens can transfer out of the country.
wired.com/story/if-trump…
“Parking” illicit gains from corrupt regimes, including Russia or China, in luxury real estate in the West is a common pattern because it historically holds value &, if you’re the buyer, you only trigger taxes by selling, not with the initial transaction.
wired.com/story/if-trump…
Donald Trump’s three European golf courses have long looked like money pits, with not a single one recording an annual profit from 2014 to 2016. But things may be turning around for the clubs, whose collective revenues nearly doubled in 2017
forbes.com/sites/danalexa…
Trump & the Agalarovs have an affinity for building opulent golf courses, a concept relatively novel in RU.

This is worth considering in light of questions raised about the possible RU sources of funding for Trump’s golf courses during the recession.
themoscowproject.org/explainers/oli…
Trump bought the property for more than $60M, he then spent a reported 150M£ remaking the site now known as Trump Turnberry, adding a new course, rehabbing an old one, and fixing up the lodgings. The question is where did Trump get the funding?
newyorker.com/news-desk/swam…
Trump Organization has worked with some truly questionable business associates, that it has run afoul of anti-money-laundering laws, and that its most high-profile business expansion—a line of three- and four-star hotels—has all but collapsed.
newyorker.com/news-desk/swam…
Trump’s Dirty Money
Russian money saved Trump when his projects were on the verge of collapse. Will it now be the cause of his political demise?
ips-dc.org/trumps-dirty-m…
Trump was compromised by Russian spies when he went to Moscow in 1987 and has been used by the Kremlin for DECADES, bombshell new book claims
dailymail.co.uk/news/article-6…
🌳#GolfCourses🌳

The Trump Organization announced a plan to build an entire town in rural Scotland, with a kitsch design that blends American suburbia with Scottish oil country. The price was $200 million, but where the Trumps will get that cash is a mystery.
📌💰💦
qz.com/1341021/where-…
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More from @karolcummins see all

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💣Conspiracy2DefraudUSA💣

📌Manafort shared political polling data with Kilimnik (GRU) Russian intelligence.

📌The filing reveals the clearest evidence to date that the Trump campaign conspired with Russians to swing the 2016 presidential race to Trump

#AWFDY #Illegitimate
💣Conspiracy2💣

RU Atty Veselnitskaya Charged With Obstruction Of Justice In Connection W/ Civil Money Laundering & Forfeiture Action

RU & TeamTrump pushed various plans re Ukraine in the hope of gaining relief from US sanctions imposed after it annexed Crimea from Ukraine.
💣Conspiracy3💣

Veselnitskaya acting on behalf of the RU gov’t was a key player involved the TT meet w/ DonJr, Kush & Manafort.

📌A RU DAG, who is thought to have directed Veselnitskaya in her efforts abroad on behalf of Russia's gov’t, reportedly died in Oct in a copter crash.
Read 72 tweets
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Damn you @MSNBC @cnn @nbc @cbs @abc @maddow for broadcasting pure hate filled lies/propaganda. This is what you should be talking about 👇🏼👇🏼

Also🚫 @AOC aka Cassandra Fairbanks 2.0
Read 10 tweets
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💣Flynn Intel & Fethullah Gulen💣

📌Flynn Intel is under scrutiny by federal authorities & congressional investigators for its role in research and lobbying work for a Turkish businessman tied to the government of Turkey.
amp.theguardian.com/us-news/2017/a…
📌Flynn tapped White Canvas Group to help him investigate Fethullah Gulen, a Turkish Islamic cleric who lives in Pennsylvania,
washingtonpost.com/politics/the-m…
📌The research was financed by a company owned by Ekim Alptekin, a Turkish American businessman close to top officials in Turkey
washingtonpost.com/politics/the-m…
Read 30 tweets

Related threads

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THREAD: Last month, the Trump Organization announced it was spending $200m to build what's basically a small town next to his golf course in rural Scotland. It's very weird, for the following reasons:
qz.com/1341021/where-…
1. They claim they're paying for it in cash. It's really difficult to work out where they got that money.
2. The most thorough analysis of the Trump Org (by WSJ in 2016) suggested it made $160m pre-tax over 18 months from jan. 2014. That means the project=nearly two years of revenue. The Trumps reject these figures but have never said where else they're making money.
Read 14 tweets
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1/ [Thread]
Trump Tower Chicago: Media fraud, Mob contractors, casinos and shady investors
2/ Alex Jones' "InfoWars" is now broadcasting from the top of Trump International Hotel & Tower in Chicago.
3/ Late last year, Matt Dubiel, a local Chicago radio station owner, announced he'd won FCC approval and had "worked out an arrangement with the Trump Tower" to secure a transmitter on its roof.
trib.in/2kYrl62
Read 92 tweets
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THREAD

#Trump #Russia #MoneyLaundering #Mogilevich #RussianMafia
1 .In 1981, David #Bogatin arrived in #NewYorkCity, #Bogatin was a former pilot in the #Soviet Army, and shot down #USA planes during the #VietnamWar, he arrived in #NewYorkCity broke.
2. Three years later in 1984, David #Bogatin bought an apartment in #TrumpTower on Fifth Avenue, paying $6 million to buy five luxury condos. #Trump personally attended the closing, along with #Bogatin.

books.google.se/books?id=ZQ_9C…
Read 114 tweets
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Here is my THREAD on the status report from House Dems. Starting with Appendix A for those following along.
House Dems says investigation doesn't answer the following: "Did the Trump campaign receive advanced
knowledge of or access to stolen information; did the stolen documents inform any of their campaign activity?"
"[W]hat was the chain
of custody of the hacked and stolen emails that were then weaponized and strategically released?"
Read 35 tweets
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💣BOOM💣

FBI probing the NRA for using *illegal* #Russian🇷🇺money to help Trump win‼️

The NRA reported it spent a *record $55 million* on 2016 elections, including $30 million for Trump – TRIPLE what it spent for Mitt Romney in 2012.🤨 1/

amp.mcclatchydc.com/news/nation-wo…
Even WORSE:

👉🏼Most of the $55 million was spent by an arm of the NRA that is *not required to disclose its donors*
👉🏼Two people w/close connections to the NRA said its total election spending actually was *$70 million*

2/
The gap btwn the $55 million (reported) and $70 million (actual) may be b/c independent groups are *not required to report how much they spend on Internet ads or field operations*, including get-out-the-vote efforts‼️🤬 3/
Read 13 tweets
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(THREAD) There’s a sleeper in the indictment against Manafort & Gates that was unsealed Monday. tinyurl.com/y92wzwxa
1/ Note that Manafort & Gates are indicted for money laundering THROUGH AT LEAST 2016, i.e., including the entire time that Manafort was
2/ involved in the Trump campaign (for most of it as the campaign chair).
Read 64 tweets

Trending hashtags

#Trump #SHOCKER #Tatarchuk #Gazprom #Ukranian #Cohen #Russian #UnitedStates #McConnell #emailed #TrumpRussia #SteveMnuchin #Kliminik #Kushner #Twitter #fsi18 #Putin #Rosneft #MoneyLaundering #oligarchs #Bogatin #Moscow #Ukraine #LittleMoscow #ImpeachTrump

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