Close Menu
  • Entertainment
  • Lifestyle
  • Relationships
  • Tips & Tricks
  • Celebrity Kids
Facebook X (Twitter) Instagram
  • Disclaimer
  • About us
  • Privacy Policy
  • Contribute & Advertise with Us
Facebook X (Twitter) Instagram Pinterest Vimeo
GistFestGistFest
  • Entertainment

    “Euphoria: The Final Semester” Trailer Just Dropped — And It Might Be Rue’s Goodbye

    August 7, 2025

    Cancel Culture Fatigue: Has the Internet Finally Hit the Unsubscribe Button?

    August 6, 2025

    The Aesthetic Economy: How Fashion, Filters & Vibes Are Now Bigger Than Talent

    August 5, 2025

    Hollywood’s ‘Summer of Scandals’: PR Nightmares, Leaks & the Rise of the Apology Tour

    August 4, 2025

    “Wakanda Meets Wall Street”: Black Panther Spinoff Series Set in a Futuristic Financial World

    July 31, 2025
  • Lifestyle

    “Euphoria: The Final Semester” Trailer Just Dropped — And It Might Be Rue’s Goodbye

    August 7, 2025

    Cancel Culture Fatigue: Has the Internet Finally Hit the Unsubscribe Button?

    August 6, 2025

    The Aesthetic Economy: How Fashion, Filters & Vibes Are Now Bigger Than Talent

    August 5, 2025

    Hollywood’s ‘Summer of Scandals’: PR Nightmares, Leaks & the Rise of the Apology Tour

    August 4, 2025

    “Wakanda Meets Wall Street”: Black Panther Spinoff Series Set in a Futuristic Financial World

    July 31, 2025
  • Relationships

    “Euphoria: The Final Semester” Trailer Just Dropped — And It Might Be Rue’s Goodbye

    August 7, 2025

    Cancel Culture Fatigue: Has the Internet Finally Hit the Unsubscribe Button?

    August 6, 2025

    The Aesthetic Economy: How Fashion, Filters & Vibes Are Now Bigger Than Talent

    August 5, 2025

    Hollywood’s ‘Summer of Scandals’: PR Nightmares, Leaks & the Rise of the Apology Tour

    August 4, 2025

    “Wakanda Meets Wall Street”: Black Panther Spinoff Series Set in a Futuristic Financial World

    July 31, 2025
  • Tips & Tricks

    “Euphoria: The Final Semester” Trailer Just Dropped — And It Might Be Rue’s Goodbye

    August 7, 2025

    Cancel Culture Fatigue: Has the Internet Finally Hit the Unsubscribe Button?

    August 6, 2025

    The Aesthetic Economy: How Fashion, Filters & Vibes Are Now Bigger Than Talent

    August 5, 2025

    Hollywood’s ‘Summer of Scandals’: PR Nightmares, Leaks & the Rise of the Apology Tour

    August 4, 2025

    “Wakanda Meets Wall Street”: Black Panther Spinoff Series Set in a Futuristic Financial World

    July 31, 2025
  • Celebrity Kids

    Brody Jenner Ties the Knot With Tia Blanco in Dreamy Malibu Ceremony — See the Intimate Moments

    July 17, 2025

    Madison LeCroy Welcomes Baby No. 2 — the Heartwarming Story Behind the Name

    July 9, 2025

    Ariana Zolciak Supports Kim Zolciak and Siblings Amid Ongoing Money Issues

    July 7, 2025

    Sofia Richie and Elliot Grainge Revisit Lavish Wedding Venue Amid Backlash Over Cheating Rumors

    June 24, 2025

    Exes Megan Fox and MGK Unveil Their Baby Girl’s Name Following ‘Celestial Seed’ Mix-Up

    June 20, 2025
Subscribe
GistFestGistFest
Home » Feds Set to Seize This $7 Million Condo in a Luxe Trump Building
General

Feds Set to Seize This $7 Million Condo in a Luxe Trump Building

SolomonBy SolomonApril 11, 20243 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
TRUMP Tower
Source: Reddit
Share
Facebook Twitter LinkedIn Pinterest Email
TRUMP Tower
Source: Reddit

A forfeiture complaint filed in Manhattan federal court and obtained by The Daily Beast said the action ‘‘involves the misappropriation, theft, or embezzlement of hundreds of millions of dollars from the Congo treasury, some of which is used to buy a luxury product.

“This property is Unit 32G of the Trump International Hotel & Tower at 1 Central Park West, New York, NY 10023,” the complaint states. The United States is seeking to repossess the property “because the funds used to purchase it may have been derived from violations of specified illegal activities and United States laws,” according to the complaint.

The ownership of the Trump International Hotel & Tower is complex, as the Trump Organization manages the building and owns some of the apartments, while hundreds of individual owners own the rest.

The connection between Congolese first daughter Claudia Lemboumba Sassou-Nguesso and the Trump International apartment was first highlighted in 2019 by the anti-corruption NGO Global Witness, which later filed a request for the Department of Justice to begin the process of confiscating the two-bedroom, two-and-a-half bathroom unit.

ALSO READ: Appeals Judge Rejects Trump’s Request To Delay Hush-Money Trial

Apartments were acquired through a complex network of shell companies and middlemen who funneled the stolen money into the Congolese public treasury through institutions in Portugal, Cyprus, the British Islands, and Brazil, the complaint said, for confiscation.

The money eventually arrived in the United States, where Sassou-Nguesso and his co-conspirators hired law firm K&L Gates to purchase apartment 32G “for the benefit of Sassou-Nguesso, using a portion of the money laundering and embezzlement proceeds,” according to the complaint.

POLL—Should the Government Increase Taxes on the Wealthy To Reduce Economic Inequality?

The complaint says Sassou-Nguesso knew she might be rejected by Trump International as a politically exposed person and considered listing her cousin as a beneficial owner of the entity to avoid trouble.

These embezzled funds were used to purchase the defendant’s assets for the express purpose of Sassou Nguesso’s enrichment,” the complaint says. After the release of Global Witness`s report in 2019, the Trump Organization said the monthly common fees paid by apartment owners did not go directly to Trump for profit.

Although the apartment appears to have remained unoccupied since its purchase, prosecutors said they had reviewed Sassou-Nguesso’s emails regarding interior design work to be carried out at the property and transferred more than $400,000 through his global network to a Portuguese company that transported them.

ALSO READ: Arizona Investigators Subpoena Reps. Andy Briggs, Paul Gosar in Trump Fake Electors Probe

According to the forfeiture complaint, the Apartment “was the result of…a scheme to launder proceeds from specified illegal activities.

Former federal prosecutor Kenneth McCallion, a former member of the organized crime strike force that investigated possible criminal activity during the construction of Trump Tower, told The Daily Beast that dirty money has long poured into Trump buildings.

“They would pay cash for the apartments, hold them for a few years, sell them, and the proceeds would then be clean money,” McCallion said.

You Might Also Like:

Federal Judge in Hunter Biden Tax Case Set to Rule on Defense Motions by April

Legal Experts Say Mike Lindell’s New Supreme Court Evidence Is Bound to Fail

Mike Tyson Announces Major Change Ahead of Jake Paul Fight

NASA Announces New Moon Landing Attempt With IM-1 Mission

California Local Officials Warn of Migrant Overwhelming State Amid Border Crossings Surge

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleNew York Judge Says FDNY Booing Letitia James Was About Race Not Politics
Next Article US Women’s Soccer Player Apologizes for Sharing Christian Content After Megan Rapinoe Call Out

Related Posts

Entertainment

“Euphoria: The Final Semester” Trailer Just Dropped — And It Might Be Rue’s Goodbye

August 7, 2025
Entertainment

Hollywood’s ‘Summer of Scandals’: PR Nightmares, Leaks & the Rise of the Apology Tour

August 4, 2025
Entertainment

“Wakanda Meets Wall Street”: Black Panther Spinoff Series Set in a Futuristic Financial World

July 31, 2025
Latest Posts

“Euphoria: The Final Semester” Trailer Just Dropped — And It Might Be Rue’s Goodbye

August 7, 2025

Cancel Culture Fatigue: Has the Internet Finally Hit the Unsubscribe Button?

August 6, 2025

The Aesthetic Economy: How Fashion, Filters & Vibes Are Now Bigger Than Talent

August 5, 2025

Hollywood’s ‘Summer of Scandals’: PR Nightmares, Leaks & the Rise of the Apology Tour

August 4, 2025

“Wakanda Meets Wall Street”: Black Panther Spinoff Series Set in a Futuristic Financial World

July 31, 2025

From Albums to Algorithms: Why Every Artist Is Fighting for a TikTok Moment in 2025

July 30, 2025

Nostalgia Never Dies: “Twilight” TV Series in the Works — But Do We Need It?

July 29, 2025

Beyoncé’s Cowboy Carter Era: How She’s Redefining Country Music One Boot at a Time

July 28, 2025
About
About

We’re a news, entertainment and lifestyle hub that is dedicated to giving you quality insight on the latest lifestyle news, movie and TV news, celebrity news and lots more.

Contact us: info@gistfest.com

MOST POPULAR

Alina Nikitina: Everything We Know About the Russian Model

October 4, 2023

Jacob’s Ladder Piercing: All You Need To Know

July 21, 2023

Jennifer Rauchet: Inside the Life of Pete Hegseth’s Wife

August 30, 2023

Subscribe to Updates

Get the latest news delivered straight to your inbox!

Facebook X (Twitter) Instagram
  • Disclaimer
  • About us
  • Privacy Policy
  • Contribute & Advertise with Us
© 2025 GistFest. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.