Jared Kushner’s Conflicts Are Massive According To New Report
New Report Confirms That Jared Kushner’s Conflicts Of Interest Are Massive.
According to a new report by the Washington Post, despite promises to deconflict himself from his financial entanglements, Jared Kushner is keeping 90 percent of his real estate holdings.
Kushner, who has taken on a senior role in his father in law’s Administration, has done little to remove the massive conflicts of interest he has due to a vast network of international real estate and finance interests.
According to the Washington Post report, “The value of his retained real estate interests is between $132 million and $407 million and could leave him in a position to financially benefit from his family’s business. “The documents reflect the opaque decisions that Kushner and his attorneys made to allow him to keep much of his outside investments while seeking to remain within the boundaries that government ethics officials would find acceptable.”
Kushner owns interests in real estate around the world through hundreds of shell companies making them “virtually impossible to track.”
Among the hundreds of real estate assets Kushner owns are a “residential real estate in suburban Maryland, a Times Square retail complex, and apartments across the Midwest, from Toledo to the small town of Speedway, Ind. Kushner also kept his stake in a New Jersey mobile-home park.”
It was recently reported that Kushner’s sister and the company their family controls was caught selling visas in China to wealth investors who committed $500,0000 to a Kushner project in New Jersey and as part of the investment conference, the organization promoted the family’s close connection to the White House including the president.
The visa program has come under scrutiny for being a magnet for fraud.
You can read the full Washington Post report here.
