A New Lawsuit Just Revealed Trump’s Cash Trail From Putin


President Trump is the first person to be sued over 3,000 times before entering the nation’s highest office. Now, the lawsuit by his former development partners Bayrock – led by a mafia associate, Russian emigre Felix Sater – has just exposed a direct tie between Donald Trump’s New York City development activities and Vladimir Putin’s money.

The failed Trump SoHo condominium-hotel project yielded a lawsuit by former Bayrock executive Jody Kriss sued his former employer and Sater – who was Trump’s business partner and longtime advisor – for refusing to pay employee-related bonuses he had earned. Kriss told Bloomberg News that Sater financed the operations, and he had a strange method of determining whose money to borrow for projects:

Kriss said in an interview that an Icelandic competitor of the FL Group also contacted him to invest in Bayrock. When he took that offer to Sater and Arif they told him, he says, that the money behind Icelandic banks “was mostly Russian” — and that they had to take FL’s funds for deals they were doing with Trump because the investment firm was “closer to Putin.”

“I thought it was a lie or a joke when they said Putin,” Kriss recalls. “I didn’t know how to make sense of it at all.”

Felix Sater’s controversial presence became front page news earlier this year when the New York Times busted him conducting a secret diplomatic “peace plan” mission with Trump’s personal lawyer Michael Cohen, resulting in a document being ultimately hand delivered to disgraced General Michael Flynn in the White House before he was fired.

Daily Deals

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