One of the most controversial aspects of the Trump-Russia investigation is the Steele dossier and the company, Fusion GPS, who called for the creation of the Steele dossier. Republicans swear it’s fake news. Democrats assert it’s proof that an investigation into Trump’s wheelings and dealings is called for.
When Fusion GPS owner, Glenn Simpson, testified before the House Intelligence Committee, he made some serious allegations. Thanks to the release of the transcript by House Democrats, we’re getting a look at those allegations, and they are indeed serious.
Sen. Dianne Feinstein also released the Senate transcript of their interview with Simpson.
The most serious allegation appears to be the allegation that Trump conducted several business deals that appeared to researchers as Russian money laundering.
Rep. Adam Schiff (D-CA) asked Simpson about how the Russians launder money and if he found any evidence of money laundering through Trump. Simpson answered:
‘I think a lot of what we found is subsequently – there have been similar articles published. “Evidence,” I think we saw patterns of buying and selling that we thought were suggestive of money laundering.’
Simpson went on to explain that, as researchers, they notice patterns that indicate money laundering, which included the buying and selling of real estate.
He then presented several facts that seem to support the allegation that Russia was laundering money through Trump. Simpson described a Russian gangster, who went by Taiwanchik, who either lived in Trump Tower or had his associates living in Trump Tower.
‘We had a gangster named Taiwanchik living in Trump Tower who had been under — I’m sorry, he was — I think he was running a — his associates were living in Trump Tower, and he was running a high-stakes gambling ring out of Trump Tower, while he himself was a fugitive for having rigged the skating competition at the Salt Lake Olympics and a bunch of other sporting events engaged in rigging.’
Furthermore, Simpson noted this Russian gangster attended Trump’s Miss Universe pageant in 2013 and sat in the VIP section alongside Trump and other Kremlin officials.
Interestingly enough, Preet Bharara was prosecuting a case against Taiwanchik. Bharara was fired by Trump in 2017.
He noted that the patterns they noticed that suggested money laundering were quick deals made by individuals who attempted to veil their identity. Those deals were a decade ago.
However, Simpson also noted there were still existing projects that reeked of fraud.
‘… Specifically a project in Panama, the one in Toronto. Those both got a lot of fraud associated with them, a lot of fraud allegations, a lot of activity that I would say smacks of fraud, and a lot of Russian mafia figures listed as buyers who may or may not have actually put money into it.’
Researchers were also concerned about Trump’s golf courses in Scotland and Ireland. You know, the golf courses Trump is always bragging about. Simpson noted that hundreds of millions of dollars came in from unknown sources, and Eric Trump once bragged about having unlimited amounts of money available for their golf course projects.
Hilariously, he went on to say his research suggested Trump was really not a billionaire and couldn’t do the things he’s bragged about doing.
‘So, you know, if you’re familiar with Donald Trump’s finances and the litigation over whether he’s really a billionaire, you know, there’s good reason to believe he doesn’t have enough money to do this and that he would have had to have outside financial support for these things.’
The 165-page document goes on to reveal more serious allegations. What it does provide though is further proof an in-depth investigation into Trump’s ties to Russia must continue. If there was no collusion to swing the 2016 presidential election in Trump’s favor, there is still a massive amount of findings that suggest Trump worked with Russians in a money laundering scheme.
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