IVANKA's jewelry line of DIAMONDS linked to moneylaundering scheme

Jul 2015
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Do any of these people do ANYTHING straight up? Or is that their friends are all just CRIMINALs running criminal enterprises and they're just 'innocent' bystanders?

Ivanka Trump diamonds embroiled in alleged fraud scheme


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NEWSWEEK
22 DEC 2017 AT 13:16 ET
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December 22, 2017[FONT=&amp]Jessica Kwong
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[FONT=&amp]Posted with permission from Newsweek

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[FONT=&amp]Diamonds from first daughter Ivanka Trump’s now-defunct fine jewelry line were allegedly used in a massive money laundering and fraud scheme, according to a federal court filing, GQ reported.

The Commercial Bank of Dubai in late June sought and later got permission to subpoena Ivanka Trump Fine Jewelry, claiming its diamonds were vehicles in a scheme to hide about $100 million owed to the financial institution, GQ reported on Friday based on filings at the U.S. District Court for the Southern District of New York made over the summer.

In its case, the bank alleges a plot engineered by the Al-Saris family, who controlled a multibillion-dollar Emirati oil-trading empire before running into legal trouble due to unpaid bills. The Al-Saris apparently borrowed more than $100 million from the bank, defaulted on the debt, and hid their assets in shell companies they used to buy diamonds, including some from Trump’s jewelry line, according to court documents, GQ reported.

The bank has not accused Trump’s business of wrongdoing, but the timeline of the case suggests that any alleged transactions would have occurred when Ivanka Trump Fine Jewelry was licensed under the corporate entity “Madison Avenue Diamonds,” which is named in the documents. Trump has cut her connections with Madison Avenue Diamonds...


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https://www.rawstory.com/2017/12/ivanka-trump-diamonds-embroiled-in-alleged-fraud-scheme/[FONT=&amp]

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Do any of these people do ANYTHING straight up? Or is that their friends are all just CRIMINALs running criminal enterprises and they're just 'innocent' bystanders?

Ivanka Trump diamonds embroiled in alleged fraud scheme


[FONT=&]

NEWSWEEK
22 DEC 2017 AT 13:16 ET
[/FONT]


December 22, 2017[FONT=&]Jessica Kwong
[/FONT]
[FONT=&]Posted with permission from Newsweek

[/FONT]

[FONT=&]Diamonds from first daughter Ivanka Trump’s now-defunct fine jewelry line were allegedly used in a massive money laundering and fraud scheme, according to a federal court filing, GQ reported.

The Commercial Bank of Dubai in late June sought and later got permission to subpoena Ivanka Trump Fine Jewelry, claiming its diamonds were vehicles in a scheme to hide about $100 million owed to the financial institution, GQ reported on Friday based on filings at the U.S. District Court for the Southern District of New York made over the summer.

In its case, the bank alleges a plot engineered by the Al-Saris family, who controlled a multibillion-dollar Emirati oil-trading empire before running into legal trouble due to unpaid bills. The Al-Saris apparently borrowed more than $100 million from the bank, defaulted on the debt, and hid their assets in shell companies they used to buy diamonds, including some from Trump’s jewelry line, according to court documents, GQ reported.

The bank has not accused Trump’s business of wrongdoing, but the timeline of the case suggests that any alleged transactions would have occurred when Ivanka Trump Fine Jewelry was licensed under the corporate entity “Madison Avenue Diamonds,” which is named in the documents. Trump has cut her connections with Madison Avenue Diamonds...


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https://www.rawstory.com/2017/12/ivanka-trump-diamonds-embroiled-in-alleged-fraud-scheme/[FONT=&]

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Mr. picturetaker,

So you say Ivanka Trump had no connection whatsoever to the moneylaundering scheme?
 
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Mr. Picturetaker,

Perhaps you should read your own link, then you would know:

"She licensed her name for use by Madison Avenue Diamonds, which did business under Trump’s name in exchange for royalties."
AND HER PARTNER, I'm going to go out on a limb here and assume this story involves the guy below, known as a 'career grifter' has been written about for his SHADY dealings several times this past few months. Would you lend your name to CON MEN or CRIMINALS? I wouldn't. She knew his background, has been in business for at least 6 year got dragged into his drama and she continues to LEND HIM HER NAME? Give me a fucking break...




The Trouble With Ivanka’s Business Partner

The first daughter’s longtime friend and associate is falling afoul of his creditors—and the courts.

By BEN SCHRECKINGER August 27, 2017 - POLITICO

His vendors call him a “career grifter.” His father’s creditors claim he’s a fraud and a serial extortionist who shakes people down with trumped-up threats of criminal charges. With these and other allegations piling up in court records along with judgments—against him, his wife and his businesses—for millions of dollars, his lawyers are abandoning him, saying he’s a deadbeat. All the while, he’s been living in one of the most luxurious mansions in the Bronx.

Meet Ivanka Trump’s longtime friend, matchmaker and business partner, Moshe Lax.
For the past decade, Lax, a 43-year-old New York diamond heir and entrepreneur, has been Trump’s partner in Ivanka Trump Fine Jewelry, the first major venture of her business career.

Trump and her family have continued to associate with Lax even as his legal problems have mounted and Trump has been dragged into Lax’s business disputes. On election night, Lax and his wife stood at the front of the ballroom at the Trump campaign’s victory party in New York, and Lax went on to visit Trump Tower during the transition, while Tiffany Trump attended the launch party for a new Lax venture in February. Ivanka Trump has even continued to rely on Lax’s advice in recent years: In depositions they gave for an unrelated case last summer, both Trump and her brother, Don Jr., cited advice they received from Lax in assessing another business partner.

And according to court records, Trump renewed her licensing agreement with Lax in 2011, allowing him to continue using her name even after his company defaulted on payments and he violated numerous terms of their agreement.

https://www.politico.com/magazine/story/2017/08/27/ivanka-trump-business-partner-215544
 
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She licensed her name. That has nothing to do with fraud perpetrated by those who paid to use her Brand. Get a clue already. Your overreach is getting tiresome. Try to come up with something valid.
The boy who cried wolf and all that, already.
 
Jul 2015
33,402
24,994
Florida
She licensed her name. That has nothing to do with fraud perpetrated by those who paid to use her Brand. Get a clue already. Your overreach is getting tiresome. Try to come up with something valid.
The boy who cried wolf and all that, already.
BullSHIT! Of course it does! It has everything to do with the name--when things go good or they go bad.

(You didn't really type that did you?)
 
Jul 2015
33,402
24,994
Florida
Yes, I typed it. The question is, how blond are you?
So YOU would sell your name to criminals? You would continue to sell your name to someone who screwed you over? Explain to me, WHY you would do that! Wouldn't you have your attorneys do due diligence on the front end? Once they used your name and RIPPED PEOPLE OFF including you, wouldn't you cease letting them use your name?

Or do suffer from the SAME greed for the buck as the Trump family?
 
Jul 2014
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Mr. picturetaker,

So you say Ivanka Trump had no connection whatsoever to the moneylaundering scheme?
This is the nature of her business. She hangs with scoundrels and crooks. Her clientele is the very crooks and manipulators she deals with. It is a tight-nit community.

Her father taught her well.

Her grandfather was a racist KKK slumlord. Her father is a default artist. She has good pedigree.