During the course of the weekend Palmer Report has been bringing you updates on the multiple grand juries underway in Donald Trump’s Russia scandal, which have now been separately confirmed by both Republican insider Rick Wilson and Democratic insider Claude Taylor (link). Now come additional details regarding the two grand juries, which offer hints at who the targets are.
According to a new update from Taylor, one of the two grand juries is centered around the Foreign Agents Registration Act (FARA), and it’s the larger of the two. The most likely targets of a FARA case are Michael Flynn and Paul Manafort, the two Donald Trump campaign advisers who have since been exposed as paid foreign agents. But Taylor adds that the case “loops in the Russians in Trump Tower” (link), and that it also invokes the Racketeer Influenced and Corrupt Organizations Act (RICO).
The second Trump-Russia grand jury is based entirely around RICO, but does not involve the election. Instead it’s a money laundering case (link). Palmer Report has previously reported that the State of New York busted Deutsche Bank earlier this year for laundering billions of dollars in Russian money into the hands of clients in places like New York City (link). In turn, Deutsche Bank has given more than a billion dollars in loans and loan guarantees to Donald Trump.
Grand juries nearly always return indictments, allowing prosecutors to move forward with their cases. As a judge once famously quipped, a good prosecutor could convince a grand jury to indict a ham sandwich. It’s also notable that one grand jury can return any number of indictments. So the two grand juries don’t mean two indictments are coming; they mean two or more indictments are coming. In other words, the Trump-Russia scandal is just getting started. Contribute to Palmer Report
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