Donald Trump and the mob

[Angelo Santino]

Reaching but still in the news.

http://www.cnn.com/2015/07/31/politics/ ... index.html

[Garbageman]

Really reaching

Sent from my SM-N910V using Tapatalk

[Antiliar]

Guilt by a very loose association.

[rayray]

Nonsense, what was Trump to do? Not buy the land and build a casino because someone with the last name of Testa owned a parcel of land? And they act like Trump just willingly overpaid for the land--like bidding wars never happen on HOT property's.

[Angelo Santino]

If something was there, it would have come out a long time ago. I don't doubt that there were certain business transactions that were 90% legitimate (not so much now back back in the 80's to be in Brooklyn construction you dealt with people who were associates or members themselves due to the stronghold they had in the industry then.

[Snakes]

There are several other, better choices for proving Trump is a scumbag than making this tepid connection.

[Rocco]

I guess all the Fed Government officials involved in building the Federal building in NYC are mob associates too now??

[dixiemafia]

Man, the Clinton News Network is really reaching on this one

[NickyEyes1]

It was probably impossible to do real estate in New York City during that time without at least rubbing shoulders with them.

[East Bronx]

It was probably impossible to do real estate in New York City during that time without at least rubbing shoulders with them.

Exactly, Nicky. And don't forget, it was Trump's Father, Fred, who began the empire during the NY mob's true heyday. Just try being a builder back then without getting shaken down. Not possible. It's comparable to the entertainers of yesteryear. Forget Sinatra because he's the poster boy. But everyone from Jerry Lewis to Alan King to Al Martino have stated that you couldn't perform in a NYC nightspot back then without brushing up against the mob.

[bronx]

E,B. silly question for all, you understand. did he pour concrete? did he have locals 23 104 59 et.al. did he have teamsters 282 et.al. every other major union.. you know where i'm going ..who did the super structures. he like every other builder from the rudin's to leffrak..tishman perini .hrh ..joke to say he did not have to play..he like everyone else had no choice..hey they made a fortune from having no choice..we should all be so lucky. the clothes he had on were from a truck in the garment district lol

[East Bronx]

E,B. silly question for all, you understand. did he pour concrete? did he have locals 23 104 59 et.al. did he have teamsters 282 et.al. every other major union.. you know where i'm going ..who did the super structures. he like every other builder from the rudin's to leffrak..tishman perini .hrh ..joke to say he did not have to play..he like everyone else had no choice..hey they made a fortune from having no choice..we should all be so lucky. the clothes he had on were from a truck in the garment district lol

You're hitting the nail right on the head with those names. Tishman-Speyer could easily have easily been referred to as Tishman-Speyer-Salerno-Corallo back then with 282 and all that fucking concrete.

[bronx]

trump, i would like to be his advisor right now, he would win..but he listens to nobody..

[JerryB]

Top Trump business adviser admitted role in Mafia-linked stock fraud scheme
Published December 04, 2015

WASHINGTON – Donald Trump tapped a man to be a senior business adviser to his real-estate empire even after the man's past involvement in a major mafia-linked stock fraud scheme had become publicly known, according to Associated Press interviews and a review of court records.

Portions of Trump's relationship with Felix Sater, a convicted felon and government informant, have been previously known. Trump worked with the company where Sater was an executive, Bayrock Group LLC, after it rented office space from the Trump Organization as early as 2003. Sater's criminal history was effectively unknown to the public at the time, because a judge kept the relevant court records secret and Sater altered his name.

When Sater's criminal past and mafia links came to light in 2007, Trump distanced himself from Sater.

But less than three years later, Trump renewed his ties with Sater. Sater presented business cards describing himself as a senior adviser to Donald Trump, and he had an office on the same floor as Trump's own office in New York's Trump Tower, The Associated Press learned through interviews and court records.

Trump said during an AP interview on Wednesday that he recalled only bare details of Sater.

"Felix Sater, boy, I have to even think about it," Trump said, referring questions about Sater to his staff. "I'm not that familiar with him."

According to Trump lawyer Alan Garten, Sater's role was to prospect for high-end real estate deals for the Trump Organization. The arrangement lasted six months, Garten said.

The revelation about Sater's role is significant because of its timing and directness, and marks the first time the Trump Organization has acknowledged publicly that Sater worked for Trump after the disclosures of Sater's criminal background. Trump has said that among his secrets of success is that he surrounds himself with the "best and most serious people" and with "people you can trust."

Sater never had an employment agreement or formal contract with the Trump Organization and did not close any deals for Trump, Garten said.

"He was trying to restart his life," Garten said. "I believe he was regretful of things that happened in the past."

Trump did not know the details of Sater's cooperation with the government when Sater came in-house in 2010, Garten said. But Garten noted that U.S. Attorney General Loretta Lynch praised Sater's cooperation with the federal government, when senators asked about him during her confirmation hearings early this year. She said Sater cooperated against his mafia stock fraud co-defendants and assisted the government on unspecified national security matters.

"If Mr. Sater was good enough for the government to work with, I see no reason why he wasn't good enough for Mr. Trump," Garten said.

He pleaded guilty in 1998 to one count of racketeering for his role in a $40 million stock fraud scheme involving the prominent Genovese and Bonanno crime families, according to court records. Prosecutors called the operation a pump-and-dump scheme, in which insiders manipulate the price of obscure stocks and then sell them to hapless investors at inflated prices. Five years earlier, a New York State court had sentenced Sater to more than a year in prison for stabbing a man in the face with a broken margarita glass.

Sater declined to discuss his work with Trump.

"Obviously a Donald-and-the-bad-guy piece is not interesting for me to participate in," Sater wrote in an email to AP. His lawyer, Robert Wolf, said information about Sater in public records and lawsuits obtained by the AP was defamatory. He credited Sater's stint as a government cooperator with potentially saving American military lives, although he did not provide details. Wolf told the AP to write about Sater's past "at your own risk" but did not cite specific concerns.

After his 1998 racketeering conviction, Sater spent more than a decade as an informant on the mafia and on national security-related matters. Federal prosecutors kept even the existence of Sater's racketeering case out of publicly available court records for 14 years.

During that time, Sater launched a luxury real estate development career. Sealed court records prevented potential customers or partners from learning about his past association with organized crime. Sater altered his name, to Satter, and became a top executive in Bayrock, a development firm that partnered with Trump on the Trump Soho high-rise hotel in Manhattan and other branded luxury real estate deals.

Civil lawsuits have alleged that Bayrock engaged in a pattern of misconduct during Sater's tenure, sometimes involving potential Trump projects. Bayrock's attorney told AP the firm did not mislead anyone about Sater's past and denied any misconduct.

The firm has not yet responded to a version of the complaint refiled in U.S. court last month.

Trump's lawyer, Garten, said Trump had no knowledge of alleged improprieties at Bayrock or reason to believe that Sater was a major stakeholder in Bayrock's projects. Trump only learned of Sater's troubled past when The New York Times reported details in December 2007. In the article, Trump distanced himself from Sater, saying: "I didn't really know him very well."

Garten said Trump had no further interactions with Sater at Bayrock following the revelations of his criminal history. But a new relationship was formed in 2010 when Trump offered Sater office space and a chance to round up new business possibilities for the Trump Organization.

"The guy's been in business a long time, he's got a lot of contacts," Garten said of Sater.
http://www.foxnews.com/politics/2015/12 ... cheme.html

[willychichi]

THE TRUMP/MOB CONNECTION

By George Anastasia

They were two young wiseguys looking to make a score in Atlantic City.

And they hit it big.

That old real estate axiom—location, location, location—brought a substantial payoff.

Now, thirty-one years after the fact, the deal has become part of the presidential election campaign.

In 1985, Donald Trump bought a piece of property from Salvatore Testa and Frank Narducci Jr. for $1.1 million. This was a little more than four times the $250,000 the two mobsters had plunked down when they bought the property, a small nightclub called Le Bistro located on the corner of Missouri and Pacific Avenues, in 1978.

Read more: http://jerseymanmagazine.com/bogus-clai ... onnection/