Karol Cummins Profile picture
Aug 28, 2018 23 tweets 10 min read Twitter logo Read on Twitter

The Ultimate Status Symbol for Money Laundering Oligarchs Here and Abroad.
Russian super-rich build their own golf courses
Their penchant for super-yachts and owning football clubs is well known but Russia's tycoons are now shopping for a new rather larger status symbol: their own custom-built golf course.
Metals tycoon Deripaska is ahead of the curve. He already has an exclusive £18.5 million Jack Nicklaus-designed championship course in Moscow. The initial membership fee is a cool £185,000 & the club says it is extremely picky about who it allows to join.
Vladimir Potanin, who made his money from Russia's vast nickel reserves, is also in the process of building a course, as is Elena Baturina, Russia's richest woman.
Andrei Komarov, a senator in Russia's upper house of parliament whose wealth comes from steel pipes, who seems to be the most committed. He is ploughing £370 million into a chain of golf clubs in three Russian regions.
Eric Trump said family golf courses attracted Russian funding.

Eric Trump said 3 years ago the Trump Org had “all the funding we need out of RU” for its golf course projects, according to an author recounting the 2014 meeting with Trump and his son.
Trump’s Russian Laundromat

How to use Trump Tower and other luxury high-rises to clean dirty money, run an international crime syndicate, and propel a failed real estate developer into the White House.

Likewise Golf courses.
Purchasing a golf course is a way to make 💰 look legitimate without banks or regulators scrutiny. It’s also a good way to evade so-called “capital controls,” which limit, the amount of money Chinese citizens can transfer out of the country.
it’s not what Donald Trump or Michael Cohen did in any single transaction that raises red flags—it’s how they conducted business day in and day out. The layers of shell companies, the contracts involving pseudonyms, the law firm cut-outs to make deals.
SARS Reports were triggered by odd withdrawals and payments by the Russian embassy around the time of the US election, and are the subject of part of Mueller’s probe.
Money laundering is a huge—literally physically huge—problem: Illicit drug sales in the US alone are estimated at around $60B to $100B a year, which translates, into about 20M physical pounds of currency, far too much to be moved easily or spent easily.
“Real estate is a big issue for money laundering and has been for a long time,”. “If you’ve got a condo or a shopping center or a golf course, the money has already been placed, it’s already been layered, it’s the final stage—integrated/legitimate.
Purchasing a golf course is a way to make 💰 look legitimate without banks or regulators scrutiny. It’s also a good way to evade so-called “capital controls,” which limit, the amount of money Chinese citizens can transfer out of the country.
“Parking” illicit gains from corrupt regimes, including Russia or China, in luxury real estate in the West is a common pattern because it historically holds value &, if you’re the buyer, you only trigger taxes by selling, not with the initial transaction.
Donald Trump’s three European golf courses have long looked like money pits, with not a single one recording an annual profit from 2014 to 2016. But things may be turning around for the clubs, whose collective revenues nearly doubled in 2017
Trump & the Agalarovs have an affinity for building opulent golf courses, a concept relatively novel in RU.

This is worth considering in light of questions raised about the possible RU sources of funding for Trump’s golf courses during the recession.
Trump bought the property for more than $60M, he then spent a reported 150M£ remaking the site now known as Trump Turnberry, adding a new course, rehabbing an old one, and fixing up the lodgings. The question is where did Trump get the funding?
Trump Organization has worked with some truly questionable business associates, that it has run afoul of anti-money-laundering laws, and that its most high-profile business expansion—a line of three- and four-star hotels—has all but collapsed.
Trump’s Dirty Money
Russian money saved Trump when his projects were on the verge of collapse. Will it now be the cause of his political demise?
Trump was compromised by Russian spies when he went to Moscow in 1987 and has been used by the Kremlin for DECADES, bombshell new book claims
The Trump Organization announced a plan to build an entire town in rural Scotland, with a kitsch design that blends American suburbia with Scottish oil country. The price was $200 million, but where the Trumps will get that cash is a mystery.
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More from @karolcummins

Oct 10, 2018
‼️F O C U S‼️

📌Trump campaign conspired w/ IS, RU, CH, SA & UAE to win 2016 elex

📌Alfa bank/TT/Spectrum H server -> CA

📌Trump Fam’s massive tax fraud & debt

📌RU troll farm in RU burned down last night

📌Cooperating witnesses

📌Cohen’s trip to Prague story abt to break
‼️F O C U S‼️

Haley Resignation was a distraction.

👉🏼The move allowed the president to maintain control of the news cycle.

The Mueller Inv Is Bigger Than Rosenstein

Even if he got fired, a replacement dead set on shutting down the inv wd find it nearly impossible to pull off.
‼️F O C U S‼️

.Interpol officer found dead in Yekaterinburg

“Based on the speculation I've seen on TV, Trump will fire Jeff Sessions, who will be replaced by Lindsey Graham, who will be replaced by Nikki Haley, who will be replaced by Ivanka Trump.”
Read 53 tweets
Oct 9, 2018

The servers at TT & Alfa Bank, Spectrum Health & Heartland PS, were communicating via DNS look ups, sharing packet data.

‘GOP, Trump & Rick Gates are reportedly directly implicated in espionage against the US 2016 primary/Pres elex via help from a foreign power.’

Rick Gates, the indicted Trump campaign official and Manafort aide & GOP Operative sought proposals from Psy Group an Israeli intelligence firm to run a coordinated disinfo campaign against US voters to help Trump win the primary & general elections.


Initially Psy-Group offered a social media manipulation campaign which included fake social media profiles that would attack Ted Cruz and discredit him the eyes of GOP Party delegates, who was at the time Trump’s main competitor for the GOP nomination.
Read 78 tweets
Oct 8, 2018
🌪Wierdness Incoming🌪

Prepare for things to get really weird.

Trump Tower/Alfa Bank story is incoming

With regard to Kavanaugh, rumor has it he will be “The first Supreme Court Justice to go to prison. Another historic first on the way for Team Treason.”
#Kasowitz 💰#SIGINT

The former dean of Yale LS is shocked by Kav’s raw & savage partisan turn.

DC Circuit sent complaints abt Kav’s testimony to CJ Roberts

At issue Kav’s answers about his work in the Bush adm, & his lack of judicial temperament re his partisan comments about DEMs

Under scrutiny are Kav’s involvement in Memogate, GWB adm post the terrorist attacks of 9/11/01; USA Patriot Act inclusive of various domestic surveillance programs, airport screening programs & other privacy-related subjects.

Kav Is Sworn In post Confirmation Vote
Read 75 tweets
Oct 6, 2018

📌China, Russia (Trump -Exxon)

📌Goal: The Northern Sea Route (which is a key template of Moscow’s Arctic strategies) as an “important component” of

The POLAR SILK ROAD is considered as “part of an ambitious strategy to change China’s (and Russia’s) land and sea connections to Europe and the world.”
THE POLAR SILK ROAD is an important component of China's Belt and Road (B&R) initiative, in terms of an ambitious strategy to change China's land and sea connections to Europe and the world.
Read 34 tweets
Oct 6, 2018
🌏Trump’s Indonesia Project🌎



Trump Indonesia project latest stop on China’s Belt and Road

H/T @weRtroydavis
A billion-dollar Indonesian real estate development with ties to U.S. President Donald Trump has become the latest project in China’s globe-spanning Belt and Road infrastructure project — just as Washington and Beijing are tussling over trade.
A subsidiary of Chinese state-owned construction firm Metallurgical Corporation of China (MCC) signed a deal with Indonesia’s MNC Land to build a theme park outside Jakarta as part of the ambitious project
Read 21 tweets
Oct 6, 2018

Rumor has it Kav has even more secrets he would like to keep hidden, some of which are likely to be revealed when the time is right. 🤗#FBI #Memogate, #Kasowitz, 💰& more. Oh my! All is not lost.🤗

💣NY AG Sues Trump's Charitable Foundation for Political Activities

Not one Republican has signed on to the reauthorization of the Violence Against Women Act.

Not. One.

Senator Leahy Compiled Comprehensive, Point-By-Point Summary Of The Many Times That Judge Kavanaugh Misled The Senate Under Oath.

SC Justices can be prosecuted.

Lawsuits point to large trove of unreleased Kav WH docs White

Amazon Says 3rd-Party Seller Got Some Customers’ Email Addys

NY Regulators Examine the Trump Family’s Tax Schemes

WaPo Vote ‘no’ on Kav

USA TODAY Editorial Board: Vote no on Kavanaugh's confirmation
Read 58 tweets

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