Russia-born dealmaker linked to Trump assists laundering probe
Source: Financial Times
Donald Trump faces renewed scrutiny of the riches that flowed into his real estate empire from the former Soviet Union after a fixer for a Kazakh family accused of pumping dirty money into US property agreed to assist an international investigation into his former business partners.
Felix Sater, a Russian-born dealmaker with organised-crime connections who worked on property ventures including Trump Soho in Manhattan, has attracted attention in recent months as efforts continue to chart the links between the US president’s circle and moneymen from Russia and its neighbours.
In October the Financial Times revealed Mr Sater had helped the family of Viktor Khrapunov, a former Kazakh minister now exiled in Switzerland, invest millions in US real estate through front companies. The Khrapunovs have spent heavily across the US, including, records indicate, buying apartments in Trump Soho.
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Mr Sater has now agreed to co-operate with an international investigation into the alleged money-laundering network, five people with knowledge of the matter said. The co-operation has included working with a team of lawyers and private investigators pursuing civil cases across three continents, the people said. Mr Sater declined to comment.
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Read more: https://www.ft.com/content/159eb2d8-6162-11e7-8814-0ac7eb84e5f1
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