President Trump has denied having any business ties to Russia, and his dream of building a Trump Tower Moscow never materialized. But his links to Russian oligarchs and mobsters from the former Soviet Union have been documented: Millions of dollars from the former Soviet Union flowed into Trump’s developments and casinos throughout the 1990s, as the journalist Craig Unger has chronicled, as oligarchs looked for a place to hide their money in the West. The Trump Taj Mahal casino in Atlantic City, New Jersey, was once known as a hot spot for Brooklyn mobsters associated with the Russian Mafia, and quickly became the “favorite East Coast destination” of the top Russian mob boss Vyacheslav Ivankov, according to the 2000 book Red Mafiya: How the Russian Mob Has Invaded America. It was also repeatedly cited by the Treasury Department’s Financial Crimes Enforcement Network for having inadequate money-laundering controls.
By the early 2000s, a third of the buyers of Trump Tower’s most expensive condos were Russia-linked shell companies or individuals from the former Soviet Union—including Eduard Nektalov, a mob-connected diamond dealer from Uzbekistan, and David Bogatin, a Russian-émigré mobster who specialized in bootlegging gasoline. Bogatin’s brother was involved in an elaborate stock fraud with the top Russian mob boss Mogilevich, who himself is allied with Alimzhan Tokhtakhounov—another Russian mob leader who ran an entire gambling and money-laundering network out of Unit 63A in Trump Tower, just three floors below Trump’s own residence.(Tokhtakhounov was a VIP attendee at Trump’s Miss Universe pageant in Moscow just seven months after the gambling ring was busted by the FBI.)
Trump’s own sons have boasted of the Trump Organization’s dependence on Russian money. “Russians make up a pretty disproportionate cross-section of a lot of our assets,” Donald Trump Jr. said in 2008. “We don’t rely on American banks,” Eric Trump reportedly told a golfing buddy in 2014. “We have all the funding we need out of Russia.”
Trump’s longtime personal lawyer, Michael Cohen—who pleaded guilty last week to tax fraud and campaign-finance violations, in which he implicated the president—once bragged that he was part of the Russian mob, according to The Wall Street Journal. Cohen’s uncle, with whom he was close, owned a Brooklyn catering hall called El Caribe, in which Cohen had a stake—a hall that “for decades was the scene of mob weddings and Christmas parties,” the Times reported, and housed the offices of “two of New York’s most notorious Russian mobsters.”
It is ironic, then, that Trump’s attacks have shone a bright light on the experts inside and outside the government who have been investigating him—individuals who share a deep expertise in organized crime, money laundering, fraud, and racketeering.