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Kleptocrats’ ‘Ill-Gotten Fortunes’ Are Being Parked In U.S. Real Estate

nprfreshair:

Atlantic journalist Franklin Foer says American real estate became a “giant magnet” for Russia’s kleptocratic fortunes after lobbyists pushed to allow anonymous shell companies to buy properties. 

FOER: So in 2017, Reuters did this survey of Trump Organization properties in Florida. And what they found was that of the about 2,000 units in those developments, a third of the units in his properties were sold to anonymous corporate vehicles where we’re unable to trace who actually owns the property.

GROSS: So there might be Russians in those properties.

FOER: Yeah. There’s a journalist who jokes Vladimir Putin could own those properties, and we wouldn’t know.

LISTEN.

  1. stephpolitical reblogged this from cavernario-galindo
  2. jansgrace said: I listened. Explains a lot. What a bunch of mobsters.
  3. cavernario-galindo reblogged this from greatlakesseakayaker
  4. las-ratas reblogged this from greatlakesseakayaker
  5. zah-diddie-dee reblogged this from zah-diddie-dee
  6. truthbeknown said: Not surprised. #MuellerTime
  7. dragoni reblogged this from nprfreshair and added:
    Read Franklin Foer’s “Russian-Style Kleptocracy Is Infiltrating America,”
  8. heh99 reblogged this from nprfreshair
  9. kittensceilidh reblogged this from nprfreshair
  10. greatlakesseakayaker reblogged this from arbsenantics and added:
    I listened to this today, I highly recommend.
  11. yourfriendthenerd reblogged this from nprfreshair
  12. princesssarcastia reblogged this from nprfreshair
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