New book paints sordid picture of Trump real estate deal involving Russian oligarch and Jeffrey Epstein
A new book claims Jeffrey Epstein played a key role in a shady Palm Beach real estate deal between President Donald Trump and a Russian oligarch.
details the 2004 property deal that involved the future president, Deutsche Bank, a child predator and an ally of Russian president Vladimir Putin,
Epstein showed his friend Trump a $55 million mansion he planned to buy, but
Trump instead went behind his back to buy the foreclosed property for about $40 million.
Trump later put the mansion on the market for $125 million, despite making only minor improvements to the property.
It was purchased for $96 million by Dmitry Rybolovlev, a Kremlin-linked industrialist — which meant Trump made $55 million on the deal despite risking none of his own money.
Trump may have earned a fee for hiding a shadow owner who possibly was funneled cash by Rybolovlev for reasons beyond the property’s value.
Or, Wolff theorizes,
Rybolovlev essentially bought the house from himself, with Trump as an intermediary, to launder ill-gotten money.
“This,” Wolff wrote, “was Donald Trump’s world of real estate.”
Rybolovlev tore down the mansion in 2016 and sold off the propertyas three lots for less than the $115 million he had invested in it.
https://www.rawstory.com/2019/05/new-book-paints-sordid-picture-of-trump-real-estate-deal-involving-russian-oligarch-and-jeffrey-epstein/?utm_source=&utm_medium=email&utm_campaign=255