WA Post: Money laundering -- Why the Trump Org Could be Trump's Undoing

[zentrum]

15. Not really. Much of

...the new mega real estate changes you're seeing in all major cities world wide are with laundered money. Money from China, Arabia, and of course Russia. And probably the USA too. These people see shell company real estate as a cash register in the sky. Major way for oligarchs in developing economies to move and hide their money from their own governments and from bank regulation. And they often get tax breaks along the way.

Heard on NPR that the corruption of Russians Oligarchs was immense and Putin really went after them in his climb to power. So they said to him what will it take to call you off and he said: Half. They give 50% of all their laundry to him and he protects them. The report said it's made him perhaps the richest man alive. Into the trillion category.

Trump is chump change compared.