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💰💦Narco-a-lago: 💦💰
Suspected Money Laundering at the Trump Ocean Club, Panama
Main Thread
#TrumpOceanClubPanama
Suspected Money Laundering at the Trump Ocean Club, Panama
Main Thread
#TrumpOceanClubPanama
📌In the early 2000s, a series of bankruptcies meant Trump was shunned by most lenders.
📌Struggling for credit, he started selling his name to high-end real estate projects.
globalwitness.org/en/campaigns/c…
📌Struggling for credit, he started selling his name to high-end real estate projects.
globalwitness.org/en/campaigns/c…
📌2005: Newland International Properties Corp, owned the dev’t of the future Trump Ocean City Panama (1st int’l dev), to finance construction with a bond underwritten by Bear Stearns, which collapsed in 2008, & was subsequently acquired by JPMorgan.
reuters.com/investigates/s…
reuters.com/investigates/s…
📌Trump Ocean Club International Hotel and Tower in Panama – and how this “Trump Deal” bears some of the same troubling hallmarks featuring a myriad of criminal connections as other Trump developments
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌Trump by licensing his brand to the luxurious Trump Ocean Club International Hotel and Tower in Panama aligned his financial interests with those of TOC looking to launder ill-gotten gains.
📌Trump seems to have done little to nothing to prevent this.
globalwitness.org/en/campaigns/c…
📌Trump seems to have done little to nothing to prevent this.
globalwitness.org/en/campaigns/c…
📌📌What is clear is that proceeds from Colombian cartels’ narcotics trafficking were likely laundered through the Trump Ocean Club and that Donald Trump was likely one of the beneficiaries. 💰💦
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌One key player in the laundering of drug money at the Trump Ocean Club was notorious fraudster David Eduardo Helmut Murcia Guzmán, convicted for laundering millions of dollars' worth of illicit funds, including narcotics proceeds, through companies & RE.
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌Alexandre Henrique Ventura Nogueira, who brokered nearly a third of the 666 pre-construction unit sales at the Trump Ocean Club and claims to have sold 350-400 units overall.
📌Coincidence? 666?
Transnational Organized Crime = TOC = Trump Ocean Club?
globalwitness.org/en/campaigns/c…
📌Coincidence? 666?
Transnational Organized Crime = TOC = Trump Ocean Club?
globalwitness.org/en/campaigns/c…
Ventura Nogueira’s sales brokerage was critical to ensuring the project’s lift-off & Trump’s ability to earn tens of millions of dollars.
The T Ocean Club, one of Trump’s most lucrative licensing deals to date, was announced in 2006 & launched in 2011,
globalwitness.org/en/campaigns/c…
The T Ocean Club, one of Trump’s most lucrative licensing deals to date, was announced in 2006 & launched in 2011,
globalwitness.org/en/campaigns/c…
📌This is when when Panama was known as one of the best places in the world to launder money.
Whole neighborhoods in Panama City were taken over by organized crime & luxury developments were built with the purpose of serving as money laundering vehicles.
globalwitness.org/en/campaigns/c…
Whole neighborhoods in Panama City were taken over by organized crime & luxury developments were built with the purpose of serving as money laundering vehicles.
globalwitness.org/en/campaigns/c…
📌Moreover, investing in a variety of luxury properties is a tried and trusted way for criminals to move tainted cash into the legitimate financial system, where they can spend it freely. 💰💦
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌📌Once illicitly gained money it is ‘scrubbed clean’ in this way, vast profits from criminal activities like trafficking people and drugs, organized crime, and terrorism can find their way into the U.S. (US political donations) & elsewhere.
#NRA #GOP
globalwitness.org/en/campaigns/c…
#NRA #GOP
globalwitness.org/en/campaigns/c…
📌In most countries, regulation is notoriously lax in the real estate sector.
📌Cash payments are subject to hardly any scrutiny, giving opportunistic and unprincipled developers free rein to accept dirty money.
globalwitness.org/en/campaigns/c…
📌Cash payments are subject to hardly any scrutiny, giving opportunistic and unprincipled developers free rein to accept dirty money.
globalwitness.org/en/campaigns/c…
📌In the case of the Trump Ocean Club, accepting easy – and possibly dirty – money early on would have been in Trump’s interest; a certain volume of pre-construction sales was necessary to secure financing for the project.
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌The TOC project stood to net Trump $75.4 million by the end of 2010.
📌Trump received a percentage of the financing he helped secure, and a cut on the sale of every unit at the development.
globalwitness.org/en/campaigns/c…
📌Trump received a percentage of the financing he helped secure, and a cut on the sale of every unit at the development.
globalwitness.org/en/campaigns/c…
📌In addition, Trump and his family have made millions of dollars more from management fees.
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌Trump and his children have participated directly in marketing, management, and even project design.
📌According to broker Alexandre Ventura Nogueira, Trump’s daughter Ivanka attended at least 10 meetings with him and project developer Roger Khafif.
globalwitness.org/en/campaigns/c…
📌According to broker Alexandre Ventura Nogueira, Trump’s daughter Ivanka attended at least 10 meetings with him and project developer Roger Khafif.
globalwitness.org/en/campaigns/c…
📌A large number of those involved with the Trump Ocean Club in its early phase were Russian and Eastern European citizens or diaspora members
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌📌Alexandre Ventura Nogueira said that 50 percent of his buyers were Russian, and that some had “questionable backgrounds.” He added that he found out later that some were part of the Russian Mafia.
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌📌Since the Russian government’s alleged interference in the 2016 election, a lot has been made of Trump’s heavy reliance on funds from Russia for his licensing deals.
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌📌What is deeply problematic is the fact that some of this money accepted by Trump Organization appears to have come from criminal networks.
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌Donald Trump has incessantly promoted himself as a successful and viable businessman, and this was critical to his success in the 2016 presidential election.
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌📌But this façade was built on ventures used to launder cash generated by criminal activities.
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌📌Trump’s unscrupulous business dealings & blindness to potential illegality raise serious questions about his suitability to govern the most powerful country in the world.
globalwitness.org/en/campaigns/c…
globalwitness.org/en/campaigns/c…
📌📌Since Trump’s inauguration he has actually taken steps that could worsen corruption in the U.S. and internationally by lifting anti/corruption rules & regulations.
amp.theguardian.com/us-news/2017/f…
amp.theguardian.com/us-news/2017/f…
📌📌Indeed, one of his administration’s few legislative successes to date has been to overturn the implementing regulation of a ground-breaking anti-corruption law.😱
amp.theguardian.com/us-news/2017/f…
amp.theguardian.com/us-news/2017/f…
📌The above are excerpts except where noted from the article cited below.
Please click through this article as It tells the story of the #TrumpCrimeFamily in greater depth and illustrates what will soon be revealed by Mueller in the form of indictments:
globalwitness.org/en/campaigns/c…
Please click through this article as It tells the story of the #TrumpCrimeFamily in greater depth and illustrates what will soon be revealed by Mueller in the form of indictments:
globalwitness.org/en/campaigns/c…
📌📌This is another great investigative article that explores in depth Trump’s deceptive business practices surrounding the development of the Trump Ocean Club inclusive of the host of shady characters involved in all facets including the Trump kids.
reuters.com/investigates/s…
reuters.com/investigates/s…
‼️Trump Casinos
Who investigated Trump Casinos in the 90s? Mueller👇🏼
Who investigated Trump Casinos in the 90s? Mueller👇🏼
📌Trump’s Top Targets in the RU Probe Are Experts in Organized Crime
📌Some of Trump’s favorite targets in the Russia probe have spent their careers in the DOJ & the FBI investigating organized crime & money laundering, particularly as they pertain to RU.
theatlantic.com/politics/archi…
📌Some of Trump’s favorite targets in the Russia probe have spent their careers in the DOJ & the FBI investigating organized crime & money laundering, particularly as they pertain to RU.
theatlantic.com/politics/archi…
📌📌Trump's casino was a money laundering concern shortly after it opened.
cnn.com/2017/05/22/pol…
cnn.com/2017/05/22/pol…
📌The 1998 settlement was publicly reported at the time, and the Associated Press noted it was the largest fine the federal government ever slapped on a casino for violating the Bank Secrecy Act.
assets.documentcloud.org/documents/3722…
assets.documentcloud.org/documents/3722…
📌But key details of the casino's cash reporting violations are missing from the publicly released documents, including the identities of the gamblers and casino employees involved in the transactions.
📌Part of a larger investigation? 🤔
cnn.com/2017/05/22/pol…
📌Part of a larger investigation? 🤔
cnn.com/2017/05/22/pol…
@threadreaderapp unroll please and thank you.
Main Thread
#TrumpOceanClubPanama & more
Main Thread
#TrumpOceanClubPanama & more
📌Assassins Kill ‘Panama Papers’ Journalist Who Linked Ivanka Trump To Russian Money Launderer
politicaldig.com/assassins-kill…
politicaldig.com/assassins-kill…
⭐️⭐️⭐️⭐️⭐️
Trump Casinos Witness list: open the imbedded image and note who you see:
🕊🕊🕊🕊🕊
