Records show his condos were purchased through shell companies linked to the brutal despot.
'President Donald Trump insulted Haiti during an Oval Office meeting with lawmakers, but he once signed off on a shady real estate deal with the nation’s ousted dictator.
More than a fifth of Trump’s condominiums in the U.S. have been purchased since the 1980s in secretive cash transactions that fit a Treasury Department definition of suspicious transactions, reported Buzzfeed News.
Records show more than 1,300 Trump condos were purchased through shell companies, which allow buyers to shield their finances and identities, and without a mortgage, which protects buyers from lender inquiries.
Those two characteristics raise alarms about possible money laundering, according to statements issued in recent months by the Department of Treasury, which has investigated transactions just like those all over the country.
The agency may even require real estate professionals to adopt new programs to keep illegally obtained funds from being plowed into luxury housing to conceal the money’s origins.'
Read more: Haiti Accuses Trump of Laundering Money for Former Dictator 'Baby Doc' Duvalier