Cocktails & Popcorn: What Better Way To Launder Money Than Through A Fake NGO - SDNY Subpoenas Michael Cohen

Oh my!

"Real Property Assests, the best tax aversive way to
transfer money overseas so it does not look like
money laundering."

This sounds like the Detroit Land Bank Community Development Corporation.

Actually, Michael Cohen reminds me of Michael Brady, but hey, what do I know.

I know Perkins Coie Sucks and so does Donna Shalala.

What better way to launder money through foreign corporations which are registered in the States than to manage assets (a.k.a. money launder).

There are many "asset management" artifices and schemes, but in this particular instance, Cohen did not use the ole UCC patent box scheme, my favorite one being the Corporate Shape Shifter patent box.

This is when you use a fake corporation, disguised as a campaign committee because the FEC does not know about it, or, in this instance, corporations that are state registered not-for-profits, to transfer everything to another country under the trademark license, so you can 'avert' taxes and any other questionable machinations of money laundering operations.

Traditionally, these fake corporations use child welfare NGOs, but we will have to wait for Juicy Joon.

This fraud scheme is not as sophisticated as the Detroit Land Bank Community Development Corporation, but you have to give them brownie points for creativity!

#perkinscoiesucks

New York Investigators Subpoena Michael Cohen for Documents Linked to Trump Foundation

Investigators in New York issued a subpoena to Michael D. Cohen, President Trump’s former fixer and lawyer, for documents related to the Donald J. Trump Foundation on Wednesday, an escalation of the Cuomo administration’s investigation into whether the president’s charity violated tax laws.

After receiving the subpoena, Mr. Cohen called the investigators in the state Tax Department to ask when they could talk, according to a person with knowledge of the investigation.

The subpoena was issued less than a day after Mr. Cohen pleaded guilty in Federal District Court in Manhattan to charges including campaign finance violations, in the form of payments to two women who said they had affairs with Mr. Trump, for the “purpose of influencing the election” for president in 2016.

It also came amid a continuing war of words between Gov. Andrew M. Cuomo, a sharp-elbowed Democrat who is said to have presidential aspirations, and Mr. Trump, as both have lobbed personal attacks at each other over Twitter and in speeches. Mr. Cuomo — whose primary opponent, Cynthia Nixon, has accused him of only lukewarm liberalism — has presented himself as a progressive foil to Mr. Trump.

The subpoena to Mr. Cohen on Wednesday, issued by the state’s Department of Taxation and Finance, seemed calculated to strike yet another blow — both legal and political — against the president and his inner circle.

It seeks documents related to both personal and business federal tax filings, as well as state tax filings, connected to the foundation, according to two senior Cuomo administration officials, who spoke on condition of anonymity because they were not authorized to speak about an open investigation. Those documents could include general ledgers, bank statements, invoices and contracts.

The officials said the subpoena stemmed from remarks that Lanny J. Davis, a lawyer for Mr. Cohen, made on Tuesday evening on NBC Newsand CNN. “I do believe that he has information about Mr. Trump that would be of interest both in Washington as well as New York State,” Mr. Davis said of Mr. Cohen on CNN, referring to a two-year investigation the state attorney general’s office conducted into the Trump Foundation. When contacted on Wednesday, Mr. Davis declined to provide further information about Mr. Cohen’s knowledge of the foundation.

James Gazzale, a spokesman for the Tax Department, confirmed the subpoena had been issued “for relevant information in light of the public disclosures made yesterday” but declined to comment further, citing an ongoing investigation.

Representatives of the Trump Organization, an umbrella company for Mr. Trump’s holdings, did not immediately respond to a request for comment about the subpoena on Wednesday.

On its own, the Tax Department’s inquiry may provide political ammunition for Mr. Cuomo more than it presents a legal peril to Mr. Trump. Even if the department found evidence of criminal behavior, it would need to refer the matter to a law enforcement agency, such as the attorney general’s office or a district attorney, for prosecution.

In June, the state attorney general sued the Trump Foundation in civil court, accusing the charity of violating campaign finance laws, self-dealing and illegally coordinating with Mr. Trump’s presidential campaign. The suit said the foundation was co-opted by the campaign during the 2016 race. Campaign staff not only directed foundation fund-raisers but also controlled who received grants, according to the lawsuit. The lawsuit sought to dissolve the foundation, recover $2.8 million in restitution and temporarily bar President Trump and three of his children from serving in leadership positions in New York nonprofits.

Administration officials would not say when the Tax Department’s investigation began, but it became public a month after the attorney general’s lawsuit.

Beyond the civil charges, the attorney general’s office has not announced a criminal investigation into the foundation, saying only that it would seek a criminal referral from a state agency at the appropriate time. But because the office’s review of the Trump Foundation is still active, the office is coordinating with the Tax Department’s inquiry, according to an official familiar with the investigation, who also requested anonymity because the investigation is active.

The Manhattan district attorney’s office is also looking into possible impropriety by the Trump Foundation, according to someone familiar with the matter.

Mr. Trump established the Donald J. Trump Foundation in 1987, when he was a New York City real estate developer, with the stated mission of collecting and maintaining money “exclusively for charitable, religious, scientific, literary or educational purposes,” either directly or by donating to other organizations. It had about $1 million in assets in 2016, according to its last I.R.S. filing. Mr. Trump was the foundation’s president until he stepped down after taking office in January 2017.

The purposes for which the Detroit Land Bank Community Development Corporation (the “Corporation”) is organized are to receive and administer funds exclusively for charitable, education and scientific purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”). In particular, the Corporation is organized to serve the people of the City of Detroit, Michigan through the advancement of economic welfare, by making available technical assistance, training, and capital for the establishment of new enterprises and the growth of existing enterprises, through the promotion of community development, and through the provision of affordable housing for persons of low and moderate income (including making distributions to other Code Section 501(C)(3) organizations).

In October 2016, the New York attorney general’s office ordered the foundation to cease soliciting donations in the state, after Mr. Trump admitted he had used the foundation’s money to contribute to political causes. After the election, Mr. Trump announced he would dissolve the foundation to avoid an appearance of a conflict of interest, but the attorney general did not approve the proposal, saying the office needed to finish its investigation.

Michigan Attorney Grievance On Detroit Land Bank Authority Attorneys, Rebecca Camargo, Michael Brady, et al... by Beverly Tran on Scribd

Detroit Land Bank Community Development Corporation Articles of Incorporation by Beverly Tran on Scribd

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Grand Juries Begin Cranking Out Indictments In Congress: Chris Collins

The arrest of U.S. Representative Chris Collins indicates that the U.S. Department of Justice has started crossing off its Office of Congressional Ethics referral list.

There are many more items on that list, but what is even more interesting is the fact that the charges came down from a grand jury, which means there are lots and lots of grand juries going on.

This is the first indictment of a sitting Congressman.

Collins was promoting stock to fellow members of congress, covering up failed cancer drug trials.

You cannot use your public office to make money.

There are more charges than SEC fraud which is why I have included the SEC complaint, below.

This is seriously a new low in Medicaid fraud.

I wonder how much went into his campaign?

Stay tuned.

Congressman on pharma stock he owns: He talks about it the way you’d talk about your kid hitting a home run

The Buffalo, N.Y.–area Republican, the first member of Congress to endorse the presidential candidacy of Donald Trump, was the feature of a Hill story in which he boasted about how much money he’s made for other members of Congress by tipping them off to Innate IIL, -1.67% INNMF, +22.75% ,on the board of which he sits.

New York GOP Rep. Chris Collins arrested on insider trading charges

• Rep. Chris Collins, R-N.Y., has been arrested on insider trading charges lodged by the Justice Department, law enforcement officials said Wednesday morning.
• The indictment obtained from a federal grand jury also charges Collins' son, Cameron Collins, as well as the father of his fiancee, Stephen Zarsky.
• In June 2017, Collins passed nonpublic information about Innate's drug trial results to his son in order to help him "make timely trades in Innate stock and tip others," the indictment alleges.

Rep. Chris Collins, R-N.Y., has been arrested on insider trading charges lodged by the Justice Department, law enforcement officials said Wednesday morning.

An indictment obtained from a federal grand jury also charges Collins' son, Cameron Collins, as well as the father of his fiancee, Stephen Zarsky.

The indictment relates to Australian biotech company Innate Immunotherapeutics, on which Collins served as a board member.

In June 2017, Collins passed nonpublic information about Innate's drug trial results to his son in order to help him "make timely trades in Innate stock and tip others," the indictment alleges.

His son then traded on that inside information and passed it to Zarsky, along with numerous unnamed co-conspirators, "so that they could utilize the information for the same purpose," according to the indictment.

Zarsky, too, allegedly traded on the inside knowledge and passed it along to yet more unnamed co-conspirators.

In total, the three defendants avoided "over $768,000 in losses that they would have otherwise incurred" had they sold their stock after the information was made public, according to the indictment.

In a statement to CNBC, attorneys for Collins vowed to "mount a vigorous defense to clear his good name."

They added: "It is notable that even the government does not allege that Congressman Collins traded a single share of Innate Therapeutics stock. We are confident he will be completely vindicated and exonerated."

The lawyers said Collins will have more to say on the indictment later on Wednesday.

The indictment related to Innate draws new attention to former U.S. Health and Human Services Secretary Tom Price, who was grilled by lawmakers during his confirmation hearings in January 2017 about a tip on the company he allegedly received from Collins.

A spokesman for Price did not immediately respond to CNBC's request for comment.

Cameron Collins' attorney, Rebecca Ricigliano, said, "We look forward to addressing these charges in court, and will not be commenting on this case outside of the courtroom."

The GOP representative was already being probed by the House Ethics Committee, which found in October 2017 that "there is a substantial reason to believe that Representative Collins shared material nonpublic information in the purchase of Innate stock." The committee recommended further review.

The defendants are accused of multiple counts of securities fraud, as well as one count of wire fraud, one count of conspiracy to commit wire fraud and one count each of making false statements.

The GOP congressman reportedly surrendered to federal agents in Manhattan on Wednesday morning. He is expected to appear in federal court in lower Manhattan later today. The U.S. attorney for the Southern District of New York is expected to detail the charges in a press conference at noon.

U.S. House Ethics Investigation Referral of Rep. Chris Collins Review No 17-3509_Report & Findings by Beverly Tran on Scribd

Collins SEC Complaint by Beverly Tran on Scribd

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Cocktails & Popcorn: Stormy's Meeting With NY US Attorney's Office Canceled Due To Leaks

"You do know Pretty Preet was running the investigation before Juicy Joon took it over?"
"Oh yeah, you might want to pour me a bit more wine and get more popcorn."

Stormy was supposed to meet with the U.S. Attorney's Office, "Juicy" Joon Kim in Manhattan.

It was canceled because the U.S. Attorney's Office said the meeting details were leaked.

Oh, the dramatic climax!

Whenever shall you arrive?

Have I reminded you today that Perkins Coie Sucks?

#perkinscoiesucks

Stormy Daniels to meet with prosecutors in Cohen probe

Stormy Daniels to meet with prosecutors in Cohen probe Porn actress Stormy Daniels, who has said she had an affair with President Donald Trump and was paid $130,000 as part of a confidentiality agreement days before the 2016 presidential election, will meet with federal prosecutors in New York on Monday as part of their investigation into the president's former longtime personal attorney, according to a person familiar with the matter.

 Monday's interview with prosecutors from the U.S. attorney's office in Manhattan is in preparation for a possible grand jury appearance as they work to assemble a case against Trump's longtime personal lawyer, Michael Cohen, the person said. If prosecutors bring a case to a grand jury, they could call witnesses to testify under oath and the grand jury would decide whether to bring criminal charges with a written indictment. Unlike a trial jury, a grand jury does not determine guilt or innocence and a federal grand jury hears evidence presented by federal prosecutors.

 Daniels and her attorney, Michael Avenatti, have also turned over documents in response to a subpoena from federal prosecutors about the $130,000 that Daniels was paid, the person familiar with the matter said. They weren't authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity.

 Daniels, whose real name is Stephanie Clifford, has said she had sex with Trump in 2006 when he was married. Trump has denied any sexual relationship with Daniels. Daniels is suing to invalidate the confidentiality agreement that prevents her from discussing it.

She argues the nondisclosure agreement should be invalidated because Trump's lawyer, Michael Cohen, signed it, but the president did not.

 In April, FBI agents raided Cohen's home, office and hotel room as part of a probe into his business dealings and investigators were seeking records about the nondisclosure agreement that Daniels had signed, among other things.

 Cohen had said he paid Daniels himself, through a limited liability company known as Essential Consultants, LLC, and that "neither the Trump Organization nor the Trump campaign was a party to the transaction with Ms. Clifford, and neither reimbursed me for the payment, either directly or indirectly." 

Pay very close attention to this statement.  It is going to be very important when learning about another reason why Perkins Coie Sucks.  They did the same exact thing to some one else.

 In May, Rudy Giuliani, one of Trump's attorneys, said the president had repaid Cohen for the $130,000 payment to Daniels, contradicting Trump's prior claims that he didn't know the source of the money.

 Earlier this month, Trump said he hadn't spoken with Cohen — his longtime fixer and a key power player in the Trump Organization — in "a long time" and that Cohen is "not my lawyer anymore."" Voting is beautiful, be beautiful ~ vote.©

Anthony Weiner Unsealed Indictment Reveals Trafficking Tiny Humans

"How much longer is it going to take the Justice
Department to stop trafficking us?"

Human trafficking?

I wonder if it has anything to do with the trafficking of tiny humans?

US Attorney Amanda Kramer named in Anthony Weiner's unsealed indictment specializes in.. HUMAN TRAFFICKING. Buckle up.. This doc is likely a precursor to the house of cards that is ready to fall. Cruising at 40,000 ft.. Weiner was a "useful" idiot.. who kept an insurance file. pic.twitter.com/09MRdyWBOK

— Kelly (@KLSouth) May 19, 2018

U.S. v. Anthony Weiner Case Files 1:17-cr-00307-DLC May 19, 2017 by Beverly Tran on Scribd

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When Will Juicy Joon Kim Give Us Those 175 Names?

Joon Kim,
US Acting Attorney, SDNY

Well, pretty much, no one can ever say Prime Partners was not a willing participant.

The Southern District of New York (SDNY) has always held a special place in my heart as a major part of my epic romance.

SDNY is the first Division, in the history of this nation, to take on the task of financial crimes in child welfare.

In this situation, these financial crimes are international.

SDNY is where I first fell for my Pretty Preet Bharara, but now we have a Joon Kim who has come back to join the ranks of my army, to take these nefarious individuals of child welfare fraud out of circulation.

No one is reporting on the drama in the Justice Department, and from what I see,  the old school legal soldiers are coming back out, doing those conjugal collaborations, listening to the experts, or rather the whistleblowers.

I find it extremely interesting that there has yet to be appointments to Attorney General District positions as it comes across, to me, as a form of autonomy, away from the, oh, let us just coin it at this time as a culture of pro forma, at this point of the investigation (snicker).

Much love to Prime Partners SA for "enthusiastically" cooperating with the investigation by turning over those 175 client accounts.

via GIPHY

Now, what are those 175 names?

This is so juicy...Juicy Joon, that is!

"Get em, my babies!"

Stay tuned, this show is just about to get started.

Acting Manhattan U.S. Attorney Announces Agreement with Swiss Asset Management Firm to Resolve Criminal Tax Investigation

Prime Partners SA Will Pay $5 Million in Forfeiture and Restitution; Receives Non-Prosecution Agreement As a Result of its Extraordinary Cooperation

Joon H. Kim, the Acting United States Attorney for the Southern District of New York, Stuart M. Goldberg, Acting Deputy Assistant Attorney General of the Justice Department’s Tax Division, and James D. Robnett, Special Agent in Charge of the Internal Revenue Service, Criminal Investigation (“IRS-CI”), announced today that Prime Partners SA (“Prime Partners”) entered into a non-prosecution agreement (“NPA”) with the U.S. Attorney’s Office and agreed to pay $5 million to the United States for assisting U.S. taxpayer-clients in opening and maintaining undeclared foreign bank accounts from 2001 through 2010. The NPA was based on Prime Partners’ extraordinary cooperation, including its voluntary production of approximately 175 client files for non-compliant U.S. taxpayer-clients, and provides that Prime Partners will not be criminally prosecuted. The NPA requires Prime Partners to forfeit $4.32 million to the United States, representing certain fees that it earned by assisting its U.S. taxpayer-clients in opening and maintaining these undeclared accounts, and to pay $680,000 in restitution to the IRS, representing the approximate unpaid taxes arising from the tax evasion by Prime Partners’ U.S. taxpayer-clients.

Acting Manhattan U.S. Attorney Joon H. Kim said: “Prime Partners admits to helping its clients conceal their ownership of foreign bank accounts to avoid their U.S. tax obligations. They created sham entities and even counseled their clients to use pay phones and prepaid debit cards to avoid detection of their tax fraud scheme. The resolution of this matter through a non-prosecution agreement, along with forfeiture and restitution, reflects the extraordinary cooperation provided by Prime Partners to our investigation. It should serve as proof that cooperation has tangible benefits. We will continue to pursue financial services firms around the world that help their clients evade U.S. taxes.”

Acting Deputy Assistant Attorney General Stuart M. Goldberg said: “The message is clear to those using foreign bank accounts to engage in schemes to evade U.S. taxes – you can no longer assume your ‘secret’ accounts will remain concealed, no matter where they are located. In our ongoing investigations, we will continue to draw on information from a variety of sources and to provide substantial credit to those around the globe who provide full and timely cooperation regarding the identity of U.S. tax cheats and the phony trusts and shell companies they seek to hide behind.”

IRS-CI Special Agent in Charge James D. Robnett said: “Today’s NPA signals the continued erosion of the tax secrecy safe havens that helped facilitate this criminal activity at a significant cost to the US taxpayer. IRS-CI is focused on tracking funds of individuals hiding income offshore and will continue to investigate international tax evasion.”

As part of the NPA, Prime Partners admitted various facts concerning its wrongful conduct and the remedial measures that it took to cease that conduct. Specifically, Prime Partners admitted that it knew certain U.S. taxpayers were maintaining undeclared foreign bank accounts with the assistance of Prime Partners in order to evade their U.S. tax obligations, in violation of U.S. law. Prime Partners acknowledged that it helped certain U.S. taxpayer-clients conceal from the IRS their beneficial ownership of undeclared assets maintained in foreign bank accounts by, among other things: (i) creating sham entities, which had no business purpose, that served as the nominal account holders for the accounts; (ii) advising U.S. taxpayer-clients not to retain their account statements, to call Prime Partners collect from pay phones, and to destroy any faxes they received from Prime Partners; (iii) providing U.S. taxpayer-clients with prepaid debit cards, which were funded with money from the clients’ undeclared accounts; and (iv) facilitating cash transfers in the United States between U.S. taxpayer-clients with undeclared accounts.

The NPA recognizes that, in early 2009, Prime Partners voluntarily implemented a series of remedial measures to stop assisting U.S. taxpayers in evading federal income taxes. The NPA further recognizes the extraordinary cooperation of Prime Partners, including its voluntary production of approximately 175 client files for non-compliant U.S. taxpayers, which included the identities of those U.S. taxpayers.

As part of the NPA, Prime Partners has agreed to forfeit $4.32 million to the United States, representing a portion of the gross revenues from services that it provided to U.S. taxpayers with undeclared foreign bank accounts from 2001 through 2010. In connection with this forfeiture, Prime Partners has agreed not to contest a civil forfeiture action to be filed by the United States.

The U.S. Attorney’s Office entered into the NPA based on factors including:

• Prime Partners’ voluntary and extraordinary cooperation, including its voluntary production of account files containing the identities of U.S. taxpayer-clients;
• Prime Partners’ voluntary implementation of various remedial measures beginning in or around early 2009, before the investigation of its conduct began;
• Prime Partners’ willingness to continue to cooperate to the extent permitted by applicable law; and
• Prime Partners’ representation – based on an investigation by outside counsel, the results of which have been reviewed by the U.S. Attorney’s Office and the Tax Division – that the misconduct under investigation did not, and does not, extend beyond that described in the Statement of Facts.

The NPA requires Prime Partners to continue to cooperate with the United States for at least three years from the date of the agreement. In the event that Prime Partners violates the NPA, the U.S. Attorney’s Office may prosecute Prime Partners.

Mr. Kim thanked the IRS for its outstanding work in the investigation of this matter and the Tax Division of the Department of Justice for its assistance in the investigation.

This investigation is being overseen by the Office’s Complex Frauds and Cybercrime Unit. Assistant U.S. Attorneys Sarah E. Paul and Kiersten A. Fletcher are in charge of the matter.

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