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David Soares's avatar

I have also taken to listening to the Daily Beast/Michael Wolff YouTube show “Inside Trump’s Head,” since it’s become too expensive for me to subscribe to all of these paid Substacks.

The most interesting thing that Wolff has disclosed is what Jeffrey Epstein allegedly told him about the Maison de l’Amité property sale in Palm Beach that precipitated Trump and Epstein’s falling out. Epstein claimed to Wolff that Trump bought the property out from under him in in 2004 for $41M via a deal put together by Wilbur Ross using Trump as a front for money that out of favor Russian oligarch Dmitry Rybolovlev was hiding from his wife, via a phony “loan” from Deutsche Bank. Epstein told Wolff that he got mad and threatened to go to the feds with the money-laundering allegations, but that Trump “snitched” his teen-pimping operation to the feds instead, destroying his credibility.

Trump subsequently “sold” the property to Rybolovlev for $96M and the property was subdivided into three lots and sold by Rybolovlev at “wash” prices lampooned in the local press as a “bad” deal. However it was only a “bad” deal if the $96M wasn’t a sham transaction that might let Rybolovlev avoid a gain and that Trump might have been able to offset with his casino losses. So you can very likely add tax evasion to money laundering. It’s how they finally got Al Capone.

Wolff describes all this in his books “Siege” and “Too Famous” — Wolff now writes that when “Seige” came out in 2019 Epstein called him from Paris, worried that he had over-shared. Epstein was arrested upon his arrival in Teterboro and died under suspicious circumstances a short time later.

Whatever one thinks of Michael Wolff as a writer, most of the underlying facts and timing of the Maison de l’Amité deal can be independently corroborated. I agree that he’s worth listening to.

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Ed Walker's avatar

This seems right to me. I've long thought he was utterly reliant on staffers to create the world he wants to live in.

Aside from the public facing people, Leavitt and Cheung, we don't seem to know the names of the masticators. That would be a great place for activism.

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