US Politics in Trump era Public date: 02.10.2020 20:59:01

Cozy land deals meant big money for Donald Trump’s family and friends

The purchase of three properties by President Trump's  son-in-law on the banks of a toxic Brooklyn canal triggered a series of  unusual real estate deals and a windfall profit from transactions  financed by a bank tied to the Trump family. The property transactions totaling more than $150 million began in late 2014 and early 2015 and included sales prices well above the assessed value of the parcels, as well as high-risk loans that experts said raise red flags. At the center of each deal is either Jared Kushner or Michael Cohen, whose business dealings have attracted close scrutiny from prosecutors and regulators since Trump's election.
The purchase of three properties by President Trump's  son-in-law on the banks of a toxic Brooklyn canal triggered...

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