“Yohai’s wife, Manafort’s daughter Jessica, filed for divorce against Yohai in March.”
And there goes the last reason for Yohai to toe the party line. He will turn on Manafort in the Mueller investigation too. This is getting juicy.
Snakes gotta live.
Will be checking the obits for Yohai.
Neither of these characters have clean hands. The son-in-law was being taken to court last November over an alleged Ponzi scheme. Ouch.
Not to mention Yohai has been in touch with Mueller and other federal investigators with regards to potential money laundering and tax evasion issues that relate to Paul Manafort. Double ouch.
Possibly off topic, but I love hearing about house flippers who got burned.
Our country is being led by a mob and Manafort was just one of the culprits. I would say criminal but we’ll let the courts and criminal justice system prove that. Trump always was involved in illegal and shady financial doings and certainly paid the real mob off in New York over the years in order to complete his buildings. And in Atlantic City, fagettaboutit!
Do we know who the son-in-law is, other than the guy who married the daughter? It sounds as if this is basically a falling out among thieves, largely occasioned by the divorce. (And we could find out what led to the divorce if we really cared, and it would probably be even seedier.) It really does sound as if Yohai was fine with whatever alleged misleading was going on until he found he wasn’t getting a cut.
Paul Manafort, part of a conspiracy? Gosh, that doesn’t sound like him.
Manafort was NOT paid millions of dollars in off-the-books Ukrainian transactions! No way, totally FAKE NEWS!
It was off-the-books Cypriot transactions, funded by Ukrainian oligarchs.
The only way that Donnie Two Scoops is going to drain the swamp is by taking a bunch of slimy swampdwellers like Manafort, Flynn, Cohen, as well as himself and his Evil Spawn out of action via the Russia investigation.
Unfortunately, the thrashing will splash a lot of swamp muck all over the country, but hopefully we will be able to clean in up when they are all sitting in the hot sun and mosquitos in Gitmo.
Hey, Jared are you taking notes?
Wait a minute - I’m confused. Am I correct in believing that four properties were bought last year for 4.4 million and now they are trying to get 7.8 million for just one of them? That’s a pretty nifty profit! I know real estate markets can be volatile, but that doesn’t even make sense. Could it be that money laundering is taking place? Say it ain’t so!
That just makes him a more tempting target for Mueller to turn. He has his own exposures.
Me, too but it sounds like he was going to be just fine…
He borrowed 4.4 million
The bail-out was for almost 8 million
And he was supposed to own half of the company in the end?
Sounds to me like yet another Ponzi scheme that didn’t bear fruit. Now he smells blood in the water. I say, go for it!
Someone in bed with Paul Manafort is upset they’ve been screwed.
If you stick your arm down a crocodile’s throat whose fault is it you lose your arm?
“He also claimed that when he agreed to the deal in June, he believed he would own half the new company purchasing the Stradella property.”
There is the problem. He thought he was getting half the $3.4 million difference, but his “due diligence” showed he wasn’t getting squat.
Even worse, since the payment schedule got escalated while they were trying to sort this out, he is probably looking at a loss. And of course, when it turned out that there was no $7.7 million dollar offer, everything collapsed. So now he is in even deeper, with a $4.4 million loan that is now at an even higher interest rate.
Seems like precisely the sort of guy that Mueller would want to squeeze.
Right now this whole mess is a dozen guys stuffed in a Volkswagen engaged in a knife fight.
I am not really sure this is on Manafort. It appears his only involvement was to allow one of his properties to be used as collateral in the original loan.
The follow up question for Tierny on this one, is…what is Manafort’s involvement in the “white knight” offer? Clearly if the original loan is in jeopardy of going south, his property would be placed under a pretty hefty lien. He wouldn’t want that, given how in debt he is to other sources, and with mounting legal bills.
So it stands to reason he would make some moves to find someone to bail out his son-in-law, merely to prevent a messy foreclosure that would ensnare his own assets.
More broadly, I think in life discretion dictates you avoid associating with certain people, even if it means passing on opportunities to profit from joining them in a venture. If Manafort offered to help me open a restaurant I’d likely think his primary motivation wasn’t to serve people delicious food.