Predisent Dotard works for Vladimir Putin. The following excerpt from the Palm Beach Post concerns how Putin "invested" in Dotard with a 30 million dollar "gift" in 2008.
| A new twist in the old saga of that Palm Beach mansion Trump made a killing off of. Excerpt from a 9/11/2020 Palm Beach Post article by Frank Cerabino.
...the estate at 515 N. County Road was owned by nursing-home magnate Abe Gosman ... Bankruptcy forced Gosman to liquidate, and ... Trump bought the humongous, empty estate [although] he didn't hang onto it for very long. He sold it three years later to a trust controlled by Russian oligarch Dmitry Rybolovlev ... Rybolovlev paid $95 million for the estate that Trump bought three years earlier [in 2005] for $41.3 million. That's quite a mark-up, and more than $30 million higher than the property's appraised value. ... Rybolovlev never moved into his Palm Beach estate, and nobody can say for sure that he even visited the property during the time he owned it. After eight years of vacancy, the mansion and its out-buildings were leveled and the property was subdivided into three smaller lots and sold by the company Rybolovlev controlled. But there is some new context to this strange sale. It comes from Trump's former fixer, lawyer and confidante, Michael Cohen, who ... wrote in his newly released book, "Disloyal: A Memoir", that Rybolovlev wasn't the real buyer of the Palm Beach estate. [According to] Cohen [Trump told him]... "The oligarchs are just fronts for Putin. He puts them into wealth to invest his money. ... That's all they are doing – investing Putin's money". |
So, how is paying 53.7 million more for a property than the original owner sold it for (and 30 million more than it's appraised value) an "investment"? The answer is that the investment wasn't the property, the investment was Dotard. An investiment by Putin (as per Dotard) that is currently paying off in spades.
Video: Is Donald Trump Working For Russia? 1/14/2019 Late Show with Stephen Colbert monologue.