Leader of pro-Trump Super Pac had mortgage on Paul Manafort property

[DonViejo]

Source: The Guardian





Ben Jacobs in Washington
@Bencjacobs

Wednesday 1 November 2017 16.04 EDT

The leader of a pro-Trump Super Pac once held a mortgage on one of the properties owned by Paul Manafort which federal prosecutors are trying to seize.

Tom Barrack, a close friend of Donald Trump’s who leads the Rebuilding America Now Super Pac, made a secured loan tied to Manafort’s house in the Hamptons in July 2004.

The loan – to Manafort’s wife Kathleen, who was listed as the owner of the house – consolidated $1.76m in previous loans and also included a loan of $382,002.98 with the property as collateral, according to records in the Suffolk County clerk’s office.

The county clerk records a satisfaction of mortgage or full repayment of the loan on 8 March 2006.

Read more: https://www.theguardian.com/us-news/2017/nov/01/paul-manafort-property-mortgage-tom-barrack?CMP=share_btn_tw

[pnwmom]

1. And Tom Barrack is a key friend of DT whom Manafort approached for help with

contacting DT about working in his campaign.

By the way, the WA Post beat the Guardian to this story about the home loan. It's discussed in this article, too.

https://www.washingtonpost.com/politics/hes-better-than-this-says-thomas-barrack-trumps-loyal-whisperer/2017/10/10/067fc776-a215-11e7-8cfe-d5b912fabc99_story.html?utm_term=.6e8a82ecf19f

A roommate at Barrack’s Beirut apartment introduced him to Manafort, who represented a firm doing business with a Saudi construction company. They became close friends and, four decades later, Barrack persuaded Trump to hire Manafort for his presidential campaign.

SNIP

Barrack supported Trump’s campaign, and shortly after Trump lost the Iowa caucuses, he reconnected with his old friend Manafort, a longtime Republican consultant.

“I really need to get to” Trump, Manafort said, according to Barrack. He told Barrack he wanted to work as Trump’s convention manager, helping him navigate what they expected would be a contentious affair.

Barrack, who had long been friendly with Kushner, as well as Trump’s daughter Ivanka, said he wrote them an email urging Trump to hire Manafort.

[GreenEyedLefty]

2. I'm no expert but that sounds like money laundering to me.

[american_ideals]

3. Manafort was linked to Barrack and Trump in 2004! nm