Felix Sater is a Russian born American real estate developer and long-time business partner of Donald Trump. He recently told a journalist he and Trump will be spending time behind bars.
Sources told journalist Paul Wood of The Spectator that Special Counsel Robert Mueller’s investigation of Trump’s business practices and financial dealings may be bearing fruit.
Wood wrote that Trump may have inadvertently revealed a money laundering scheme when he said:
“I mean, it’s possible there’s a condo or something, so, you know, I sell a lot of condo units, and somebody from Russia buys a condo, who knows?”
Sater, who played a major role in selling one of Trump’s condos to Russians, is now cooperating with the Mueller investigation.
Wood’s sources say Sater may have flipped and provided FBI investigators with ammunition to make a case against the president:
For several weeks there have been rumours that Sater is ready to rat again, agreeing to help Mueller. ‘He has told family and friends he knows he and POTUS are going to prison,’ someone talking to Mueller’s investigators informed me.
In early August, Sater told New York Magazine,
“In about the next 30 to 35 days, I will be the most colourful character you have ever talked about. Unfortunately, I can’t talk about it now, before it happens. And believe me, it ain’t anything as small as whether or not they’re gonna call me to the Senate committee.”
“Sater was Donald Trump’s original conduit to Russia. As a real-estate deal-maker, he was the moving force behind the Trump Soho tower, which was built by developers from the former Soviet Union a decade ago. Long before Donald Trump Jr. sat down to talk about kompromat with a group of Kremlin-connected Russians, Sater squired him and Ivanka around on their first business trip to Moscow. And long before their father struck up a bizarrely chummy relationship with Vladimir Putin, Sater was the one who introduced the future president to a byzantine world of oligarchs and mysterious money.”
Keep in mind that New York Attorney General Eric Schneiderman is also investigating Trump’s financial dealings with Russia. If Trump is found guilty, he will not be able to pardon anyone — including himself — because presidents only have the authority to offer pardons for federal crimes, not state crimes.
In 1998, Sater pleaded guilty to for his involvement in a $40 million stock fraud scheme. In exchange for his guilty plea, he agreed to become an informant for the FBI and federal prosecutors, assisting with organized crime.