The Bayrock Group was founded in 2001 by
Tevfik Arif, a former Soviet official from Kazakhstan who became an international businessman. He founded Bayrock after he moved some of his businesses to the United States.
[1]
Arif hired Russian businessman
Felix Sater as managing director of Bayrock in 2003.
[2] Sater became Bayrock's Chief Operating Officer,
[3] and assisted with several projects, including management of the
Trump SoHo project.
[2] Sater left Bayrock in 2008
[4] after a
New York Times article revealed his criminal past.
[5][6] In 1998, Sater had pled guilty to stock racketeering and fraud as part of a
US and
Russian mafia-connected $40 million stock
pump and dump scheme.
[4] He worked with the
CIA and the
FBI, allegedly offering information on a black market for
Stinger missiles.
[4][7] Sater later worked as a senior advisor to Trump.
[4]
Julius Schwarz joined Bayrock in 2005.
[8] He was Executive Vice President until March 2011.
By 2014, Bayrock was largely inactive, with the exception of a few lawsuits.
[4]
Bayrock Group - Wikipedia
Why the senile old orange clown is frightened of Comey. Now that he has made enemies of the FBI and the Intel community, it is just a matter of time until we have the full story of the clown's Russian Mafia connections.
