In a Manhattan courtroom, a case for $250 million dollars was dismissed concerning a civil tax-fraud case. The case was formed against a Russian American, Felix Sater. The case was dismissed on Wednesday. A business insider had learned.
This case against Felix Sater was formed against the real estate associate of President Donald Trump. The President is a co-founder of Bayrock. The case was being handled as a qui tam case. What this is, it’s a whistleblower who can file the case against the business on behalf of the state. After which the attorney general can then become involved, if they choose to.
In this case, Lawyer Fred Oberlander is reported as the whistleblower. It was during one point that the lawyer had also represented someone who was a business partner of Sater. His former business partner, Jody Kriss was being investigated as being a part of a suit against the corporation for supposedly a money laundering case.
The lawyer went on record as admitting to being the person who filed the qui tam case. There was knowledge on his part that showed pertinent information had been left out from the original complaint by federal judges. A business insider who was present at the hearing acknowledged about the attorney.
The argument that Oberlander presented did not go over so well for him. It is most likely a complaint that will be eventually dismissed. Based on the information presented by Oberlander, all the information that was presented to the federal judges was information that had been ordered once before to be removed. The complaint was to be ordered as confidential.
Once the hearing was over, Sater and attorney, Robert Wolf went on to confirm that in all honesty, the case was being dismissed.
It was the Attorney General Eric Schneiderman and his office that decided to not go further in the case during the last year. In a letter that was sent to the New York Supreme Court, notified them in February of 2016 as being used during a press release where the attorney, Oberlander had released information in a press release as going on record stating that the attorney general had gave a green light on a case when in fact the press release was a lie. The state had notified Oberlander as their plans to not intervene.
The office of the attorney general said that as the case continues to go forward, they will in fact stay on top of it by monitoring what is occurring in hopes to protect the state in their interest and rights.
The attorney for Sater went on record stating that the movie was being dismissed on the grounds of the merits of the case. The case was being dismissed at the merits of it instead of on the procedural grounds. It is on record that Oberlander and a separate attorney that were involved with Sater for a different case were involved in mishandlings by the attorneys where they have been referred over to the department of justice for their part in criminal contempt charges. These charges were pressed for proceedings that were taking place against Sater.
In the initial suit, in 2010, which was brought forth against Sater and against Bayrock and their former finance planner, Jody Kriss who played no part in the qui tam case that was later brought forth by Oberlander. There are allegations that are circling around the existence of the Bayrock company that says there is a mob covertly involved and operating the business. The business is slated to have engaged in activity that is considered as crime related for fraud in cases against wire, bank and mail fraud with their involvement in tax evasion and embezzlement.
The founder of the corporate business, Tevfik Arif Doyen is said to have cheated millions of dollars through the use of money laundering and fraud and other cases of misconduct. In December, the judge ruled that the case against Tevfik Arif Bayrock could not go any further.
Muhammad Aqib