General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums** The biggest money-laundering operation in the history of the world! **
And I am very sorry to report that the President of the United States is part of it.
Do you think it was just a coincidence that the eighth name from the meeting was so slow to leak?
It was about the sanctions all along and how much they had affected the money-laundering operations of American and Russian "oligarchs".
Just as it is a coincidence that Mitch McConnell picked today to have a vote to repeal "Obamacare". They are hoping to distract the American public from this earth-shaking news.
The dots are coming together and the picture is beginning to come into focus.
The eighth person in the meeting, which, as far as we know, no one came forward to identify that was in the meeting with him, was Irakly (Ike) Kaveladze. According to the NYtimes from an article from 2000, yes 2000:
https://mobile.nytimes.com/2000/11/29/business/laundering-of-money-seen-as-easy.html
A Congressional inquiry has found that it is ''relatively easy'' for foreigners to hide their identities and form shell companies here that can launder money through American banks.
In a a nine-month inquiry that subpoenaed bank records, the investigators found that an unknown number of Russians and other East Europeans moved more than $1.4 billion through accounts at Citibank of New York and the Commercial Bank of San Francisco.
The accounts had been opened by Irakly Kaveladze, who immigrated to the United States from Russia in 1991, according to Citibank and Mr. Kaveladze. He set up more than 2,000 corporations in Delaware for Russian brokers and then opened the bank accounts for them, without knowing who owned the corporations, according to the report by the General Accounting Office, which has not been made public.
The report said the banks had failed to conduct any ''due diligence'' into identifying the owners of the accounts.
============
The Special Counsel is getting very close to the crown jewels, comrade.
dalton99a
(81,455 posts)We need Cheetos tax returns.
livetohike
(22,140 posts)Trump thinks he is smarter than everyone and can get away with whatever he chooses. It's unraveling.
Initech
(100,063 posts)I can see it now:
PatSeg
(47,410 posts)going on TV to declare that no laws have been broken. These people are shameless, as well as not terribly bright.
mobeau69
(11,141 posts)PatSeg
(47,410 posts)got their degree at Trump University.
WheelWalker
(8,955 posts)rzemanfl
(29,556 posts)GallopingGhost
(2,404 posts)him to pay for the disgrace he has brought to the office, and to our country, I think it will be the laundering which will take him, and hopefully many of his cronies, down.
kentuck
(111,079 posts)They are on it!
GallopingGhost
(2,404 posts)putting the pieces together as fast as they can.
kentuck
(111,079 posts)one time.
Folks, this is big.
The repeal of Obamacare story today is an intentional distraction from this story. The Wall Street story this morning, calling for Trump to be "transparent", is also just a distraction. This is a very big story.
get the red out
(13,462 posts)I can't wait to see those "crown jewels".
mitch96
(13,892 posts)If assets are frozen, and Putin has a lot in the freezer he would try ANYTHING to un freeze them and steal more money. Launder thru American R.E.deals, yes?
m
kentuck
(111,079 posts)Trump is his ace in the hole.
Ilsa
(61,694 posts)Wd have $$$ billions of russian money that Putin cannot access?
Damn. We need to raid the banks! Fail them all that participated, redistribute.
Not Ruth
(3,613 posts)Other than the various oil countries kids, who lead relatively tame lives with fleets of nice cars, you will find legions of 20 year olds from certain other countries living a very conspicuous lifestyle. I suspect that almost all of these kids are benefitting from money laundering.
Not Ruth
(3,613 posts)byronius
(7,394 posts)Ugly. Empty. Stupid. Flat. Lost.
KatyMan
(4,190 posts)Just sayin'
Vinca
(50,267 posts)casino so it's no surprise. As David Cay Johnston noted, the best way to launder money is through hotels, casinos and real estate. That's a trifecta for Dear Leader.
kentuck
(111,079 posts)The Donald is up to his lying eyeballs in this mess.
Shell_Seas
(3,332 posts)imagine what Mueller knows.
kentuck
(111,079 posts)But knowing about something and doing something about it are two different things.
Shell_Seas
(3,332 posts)kentuck
(111,079 posts)who have all the time and money in the world to fight with.
They will have to pick and choose whom they prosecute, in my opinion.
But, it was about the sanctions all along. Or rather the wish to have the sanctions over-turned. This could be very bad news for Comrade Putin, also.
Shell_Seas
(3,332 posts)kentuck
(111,079 posts)It would take a lot of manpower and a lot of time to find them all. But they should get the kingpins. I think they will.
Shell_Seas
(3,332 posts)43 were arrested at Watergate. I keep hearing it may be more than that.
kentuck
(111,079 posts)Much bigger than Watergate.
Shell_Seas
(3,332 posts)And we could get back to normal again.
kentuck
(111,079 posts)I fear.
Shell_Seas
(3,332 posts)I'm worried about all of the damage that will be done before the dust settles.
Cicada
(4,533 posts)Is it illegal for a foreign person to own a US corporation and not reveal he owns it?
Shell_Seas
(3,332 posts)Cicada
(4,533 posts)Different governments define money laundering differently. Most require that the funds derive from criminal activity which is then disguised as from a legal source. Hence Walter White bought a car wash.
It is not clear that all or even most of disguised Russian money starts out from crime. Many Russians want their money out but don't want Putin to know they are bailing out on Russia. Or they don't want people to know they are so rich in case they face extortion. Or they don't want creditors to find their assets. Etc.
So we can't just lock such people up absent proof their money is dirty.
Shell_Seas
(3,332 posts)Where there is smoke...and there is a lot of smoke...
I guess we'll have to see where the chips fall.
I don't think money laundering is all of it though, I think there are a wide array of crimes at all levels from Trump on down.
But since the wheels of justice turn slowly, I suggest in the meanwhile we all invest in popcorn stocks.
Cicada
(4,533 posts)It will not be easy to prove money from Russia was earned dishonestly.
There are trillions of dirty dollars floating in the global financial system. How many have been captured so far? A fraction of one percent I think.
Shell_Seas
(3,332 posts)Hopefully there are audio or even video tapes.
Plus witnesses that have been flipped. (Flynn, Manafort)
A lot of this stuff more than likely did happen in America.
Wounded Bear
(58,647 posts)My sig line stays until Trump is retired.
byronius
(7,394 posts)Perfect.
kentuck
(111,079 posts)They tried to keep his name concealed. Why??
Shell_Seas
(3,332 posts)Russian money laundering.
Appearance of guilt, maybe.
Me.
(35,454 posts)Answers itself
ProudProgressiveNow
(6,129 posts)niyad
(113,272 posts)Mrs. Overall
(6,839 posts)Irakly Kaveladze
Irakly T Kaveladze
Tomaz Kaveladze
Ike T Kaveladze
Ikethomas Kaveladze
Shell_Seas
(3,332 posts)kentuck
(111,079 posts)Thanks!
BSdetect
(8,998 posts)Why does the GOP cripple the IRS and the Post Office.
The stench of massive corruption is growing.
kentuck
(111,079 posts)...without funding.
WinkyDink
(51,311 posts)fraud; etc.) all stems from TRUMP.
THAT is why NOW.
If you are asking why the Feds didn't go after the corrupt activities (e.g. money-laundering) of Businessman Trump before now---he isn't a famous woman (Anne Gorsuch; Leona Helmsley; Martha Stewart). Half-kidding.
smirkymonkey
(63,221 posts)I am thinking that Trump never meant those casinos to ever turn a profit. They were nothing more than money laundering operations which was why he didn't care if the business itself was doing well. The casino business - due to its high cash flow - was the perfect front for a laundering operation.
mountain grammy
(26,619 posts)Achilleaze
(15,543 posts)is a treasonous travesty of the highest order. republicans - in supporting their ignoble and criminal Draft-Dodger-in-Chief - are totally turning their backs on America and Americans.
deplorable republican money-laundering criminality on an epic scale.
kentuck
(111,079 posts)you are correct.
gademocrat7
(10,656 posts)MelissaB
(16,420 posts)K&R
Stuart G
(38,419 posts)L. Coyote
(51,129 posts)Schneiderman can only seize assets in NY State. The money, if there is any was offshored long ago. But the AG will get records, which could be of considerable interest.
malaise
(268,949 posts)Follow the money
Eyeball_Kid
(7,430 posts)ago.
Which Congressional inquiry? Chaired by whom?
It's great news if it's true. But there are too many holes in your article.
kentuck
(111,079 posts)...are you most concerned about?
The Special Counsel will fill in the holes, I am quite certain.
Eliot Rosewater
(31,109 posts)kentuck
(111,079 posts)He will still be a criminal.
vkkv
(3,384 posts)PoliticAverse
(26,366 posts)IronLionZion
(45,431 posts)and repeal some "job killing regulations" to make America great again like it was around 1929.
I would be very suspicious of Trump or the GOP meddling with financial laws or firing people investigating this.
sellitman
(11,606 posts)Just checking for a friend.
kentuck
(111,079 posts)And it looks as if his paperwork all went thru OK?
BigmanPigman
(51,584 posts)flamingdem
(39,313 posts)babylonsister
(171,056 posts)I am watching Rachel cover this; I have been out of the loop. Every damn day; the crown jewels can't happen soon enough!
burrowowl
(17,639 posts)Beartracks
(12,809 posts)==============
ElementaryPenguin
(7,800 posts)The scope of this whole criminal enterprise is flat-out mind boggling.
spanone
(135,827 posts)Gabi Hayes
(28,795 posts)as I type
Putting the meeting boys in a perjury trap.
Calling WSJ editorial the most important story of the week: they have to come clean
How can they?
Gabi Hayes
(28,795 posts)I like Ike!
BSdetect
(8,998 posts)to hold on to his imagined status as POTUS
triron
(21,999 posts)Trump and company need to be removed asap.