Jared Kushner received massive loan during election from Russian money laundering bank
No matter how broke he becomes, and no matter how bad of a reputation he’s gained for not paying his bills, Donald Trump has still managed to receive massive ongoing loans from Deutsche Bank – which conveniently happens to recently have been busted for laundering Russian money into the hands of clients in New York City. Now it turns out Trump’s son in law Jared Kushner has the same exact bad habit, under even more suspicious circumstances.
Kushner has been massively in debt ever since he took over the reins of the family business and immediately overpaid for an office building in Manhattan; he’s been desperate ever since to try to find financiers to bail him out. Now it turns out that just a month before Election Day, Kushner was in fact bailed out by Deutsche Bank, according to the Washington Post (link). That’s the same Deutsche Bank that likes to launder Russian money into New York.
Deutsche floated a stunning $285 million into Jared Kushner’s failing office building, even though it was a terrible investment risk with a low probability of ever being fully repaid. This raises further questions as to whether the “long term loans” that Deutsche keeps floating the likes of Kushner and Trump are actually just a cover for laundering dirty Russian money into the hands of Kushner and Trump (as we speak, Congress is trying to confirm as much). And this all came before Kushner began meeting directly with Russian banks.
It’s already long been reported that during the transition period, Kushner met with Russian Ambassador Sergey Kislyak and then met with the head of a sanctioned Russian bank in an apparent attempt at securing an illegal loan. That’s right, even after the massive loan from a Russian money laundering bank in October, Kushner was still broke and begging for money from an actual Russian bank in December – because he’s that bad at business.
Bill Palmer is the publisher of the political news outlet Palmer Report