News From Around: Ivanka Trump’s Jewelry Line Allegedly Involved In $100 Million Money Laundering Scheme!

Saturday, December 30, 2017

Ivanka Trump’s Jewelry Line Allegedly Involved In $100 Million Money Laundering Scheme!

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Remember how

Well, now we might lastly have a response why Ivanks wished to distance herself from the brand name it might have belonged to an enormous cash laundering plan!

Thanks to a brand-new report in GQ, who examined filings in the United States District Court for the Southern District of New York, we now understand the Commercial Bank of Dubai got authorization to subpoena the precious jewelry line, which it declares belongs to a plan to wash $100 million.

The claims essentially goes like this:

The Al-Saris, a household of Emirate oil traders, obtained $100 million from the bank, then declared not to have it when it was time to repay the loan. Really they simply concealed it by buying diamonds from Ivanka Trump Fine Jewelry, as well as genuine estate in Las Vegas.

Ivanka's previous service partner Moshe Lax , who released business with her about 10 years back (as well as presented her to Jared Kushner !), stated about the claim:

"They may have purchased a piece of style precious jewelry at our previous store. We will totally comply in offering and validating information the court may ask from us."

One piece of fashion jewelry. .

Diamonds are a typical method to wash loan, as you can invest a heap on them, then quickly conceal or carry them, then offer them once again without much, if any, devaluation in worth.

NOTE: This is at least the 4th time a Trump company has actually been connected to a loan laundering plan. Most likely simply a coincidence.

[Image through Ivanka Trump Fine Jewelry ]