File 030980
Email Chain About Trump Real Estate Deal with Russian Oligarch and Epstein (File 030980)
Forwarded email correspondence discussing Michael Wolff's book 'Siege' and its allegations about a 2004 Palm Beach property transaction involving Donald Trump, Jeffrey Epstein, and Russian oligarch Dmitry Rybolovlev, with claims of potential money laundering or shell ownership.
Summary
Richard Kahn forwards a Raw Story article to Jeffrey Epstein about Michael Wolff's forthcoming book 'Siege,' which details a controversial 2004 real estate deal in Palm Beach. According to Wolff's account, Epstein showed Trump a $55 million mansion, but Trump purchased the foreclosed property for approximately $40 million using Deutsche Bank financing through Trump Properties LLC. Epstein suspected Trump was fronting for hidden owners and threatened to expose the deal before facing his own legal troubles. Trump later sold the mansion for $96 million to Russian industrialist Dmitry Rybolovlev, profiting $55 million without risking his own capital. Wolff theorizes the transaction may have involved either Trump earning a fee for concealing a shadow owner or served as a money laundering scheme.
From: J [jeevacation@gmail.com]Sent: 5/29/2019 10:38:12 PMTo: Michael WolffSubject: Fwd: Wolff Bookthe public records show i was the stalking horse in the bankruptcy, not 55 million but I had bid 36 m----------Forwarded message---------From: Richard Kahn <Date: Wed, May 29, 2019 at 6:28 PMSubject: Wolff BookTo: Jeffrey Epstein <jeevacation@gmail.com>i am sure you read attachedarticles already on internet..https://www.rawstory.com/2019/05/new-book-paints-sordid-picture-of-trump-real-estate-deal-involving-russian-oligarch-and-jeffrey-epstein/New book paints sordid picture of Trump real estatedeal involving Russian oligarch and Jeffrey EpsteinBy Travis Gettys - May 29, 2019President Donald Trump departs the White House for Palm Beach, FL (Shutterstock)AddThis Sharing ButtonsShare to FlipboardHOUSE OVERSIGHT 030980Share to Facebook Share to TwitterShare to LinkedIn Share to MoreA new book claims Jeffrey Epstein played a key role in a shady Palm Beach real estate deal between PresidentDonald Trump and a Russian oligarch.Michael Wolff's forthcoming book, "Siege," details the 2004 property deal that involved the future president,Deutsche Bank, a child predator and an ally of Russian president Vladimir Putin, reported The Guardian.ADVERTISINGAccording to Wolff's account, Epstein showed his friend Trump a $55 million mansion he planned to buy, butTrump instead went behind his back to buy the foreclosed property for about $40 million.Epstein didn't believe Trump could raise that much money on his own, through an entity called TrumpProperties LLC that was entirely financed by Deutsche Bank, Wolff wrote.The billionaire financier knew Trump had been loaning out his name in real estate deals for a fee, and hesuspected the freshly minted reality TV star was fronting for the mansion's real owners.44,-er.Epstein threatened to expose the deal until he found himself under investigation by Palm Beach police for childsex abuse and human trafficking, and he eventually served 13 months in county jail as part of a controversialplea agreement brokered by Trump's future Labor Secretary Alex Acosta.Trump later put the mansion on the market for $125 million, despite making only minor improvements to theproperty.It was purchased for $96 million by Dmitry Rybolovlev, a Kremlin-linked industrialist — which meant Trumpmade $55 million on the deal despite risking none of his own money.Wolff offers two possible theories for the deal.The author suspects that Trump may have earned a fee for hiding a shadow owner who possibly was funneledcash by Ryboloyley for reasons beyond the property's value.Or, Wolff theorizes, Ryboloyley essentially bought the house from himself, with Trump as an intermediary, tolaunder ill-gotten money."This," Wolff wrote, "was Donald Trump's world of real estate."Ryboloyley tore down the mansion in 2016 and sold off the property as three lots for less than the $115 millionhe had invested in it.Top of FormDon't let Silicon Valley control what you see. Get more stories like thisin your inbox, every day.Email AddressAddThis Sharing ButtonsShare to FlipboardShare to FacebookBottom of FormShare to Twitter Share to LinkedIn Share to MoreHOUSE OVERSIGHT 030981Report typos and corrections to correctionsgrawstory.comNext on Raw Story >Russia is 'likely' conducting nuclear testing — despite Trump's friendship with Putin: US intel agenciesRichard KahnHBRK Associates Inc.575 Lexington Avenue 4th FloorNew York, NY 10022telfaxcell________________________please noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedHOUSE OVERSIGHT 030982