Is Trump Laundering Money thru Condo Sales?

“More than one-fifth of Donald Trump’s U.S. condominiums have been purchased since the 1980s in secretive, all-cash transactions that enable buyers to avoid legal scrutiny by shielding their finances and identities,” BuzzFeed News reports.

“Records show that more than 1,300 Trump condominiums were bought not by people but by shell companies, and that the purchases were made without a mortgage, avoiding inquiries from lenders.”

“Those two characteristics signal that a buyer may be laundering money, the Treasury Department has said in a series of statements since 2016.”

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