tbo: Tampa Bay Online.
Monday, Feb 19, 2018
  • Home
The Buzz
  • The Buzz
  • From the staff of the Tampa Bay Times

Senator wants probe into Palm Beach property Donald Trump sold to Russian

WASHINGTON – Democratic Sen. Ron Wyden of Oregon is requesting a government review of Donald Trump's sale of a Palm Beach estate to Russian oligarch Dmitry Rybolovlev, a $95 million transaction that was double what Trump paid for the property only years earlier.

Wyden on Friday sent a letter to Treasury Secretary Steven Mnuchin.

"Sen. Wyden's request included any Suspicious Activity Reports related to the 2008 sale, which more than doubled the price Mr. Trump paid for it just four years earlier," read a news release.

"He also requested information collected under Treasury's Geographic Targeting Orders program, which requires title insurance companies to identify the people behind shell companies used for all-cash purchases of luxury real estate. Palm Beach County is one of the geographic areas covered by the targeting orders."

Read the letter here.

Weather Center

10Weather WTSP

Comments

The Buzz

Senator wants probe into Palm Beach property Donald Trump sold to Russian