Donald Trump’s longtime business associate and convicted felon Felix Sater was sued Monday by a Kazakhstan bank accusing him of plotting to use stolen funds to develop Trump Tower Moscow. “Sater not only met with Ilyas Khrapunov in Trump Tower to discuss laundering the stolen funds, but he also personally arranged meetings between Khrapunov and Donald J. Trump to discuss possible investments,” the complaint states. In 2012, Sater was a senior adviser to Trump, had an office in Trump Tower in Manhattan and had Trump’s name on his business cards. Though the bank funds weren’t used for a Trump Tower Moscow, Sater eventually helped “launder tens of millions of dollars in those stolen funds” into other investments in the U.S., including $3 million for down payments on three condominiums in Trump SoHo for Khrapunov, the lawsuit alleges. The suit is an effort by the bank to recover some of the billions allegedly stolen through bogus loans and shell companies.

Source: Huffington Post March 26, 2019 03:45 UTC