Kath Profile picture
24 Jul, 6 tweets, 2 min read
Will Tom Barrack walk away from a $250 million bond? He must wear a tracker and his travel has been restricted to Southern Cali and NY. He's accused of using his proximity to the WH to lobby for the UAE without disclosing his role as required to the DOJ. variety.com/2021/tv/news/t…
Barrack provided $5 M cash and 21 M shares of the company he founded, now called DigitalBridge (DB). Son, Thomas Barrack III, ex-wife Rachelle, and Jonathan Grunzweig, a DB exec, signed over their residences. His lawyers promised to relinquish Barrack’s US and Lebanese passports.
During Barrack's short stay in jail, he resigned from the boards of USC, First Republic Bank and DigitalBridge. As part of the terms of his release, the magistrate prohibited Barrack from having contact with Emirati or Saudi officials.
The only Emirati charged in the indictment is businessman Rashid Sultan Rashid Al Malik Alshahhi, aka Rashid Al-Malik. Prosecutors say he facilitated Barrack’s comms with UAE officials. Al-Malik left the U.S. in 2017 after being interviewed by Mueller. He remains at large.
"Barrack and Grimes used a “secure messaging app” on burner phones to communicate with the Emirati officials, according to the new indictment."
opensecrets.org/news/2021/07/t…
According to Bloomberg, Jonathan Grunzweig, a longtime associate of Tom Barrack, is set to leave DigitalBridge Group Inc., the firm Barrack founded.

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25 Jul
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