Did Jared Kushner Have Real Estate Links To Shady Israeli Billionaire?
Jared Kushner Image by Getty Images
Jared Kushner and his family business has now been linked to real estate transactions with an Israeli billionaire under investigation in four countries for bribery and corrupt practices.
According to The New York Times, Kushner partnered in 2012 with Raz Steinmetz, whose family got rich in the diamond business, to purchase $190 million worth of New York rental properties. Raz Steinmetz put up $50 million of funding in down-payments.
But the ties have raised questions because of Raz Steinmetz’s uncle, Beny Steinmetz, who is facing criminal probes in Israel, the United States, Switzerland and Guinea.
The charges stem from Beny Steinmetz’s investments in Guinea, where it is alleged that he bribed the wife of a former dictator in order to obtain rights to an iron ore mine.
While Raz Steinmetz claims that he has no business ties to Beny Steinmetz, The Times reported that the two shared personnel and the same financial instruments, including Swiss bank accounts.
Responding to the story, Kushner representatives told The Times there was no reason to be concerned.
Contact Daniel J. Solomon at [email protected] or on Twitter @DanielJSolomon
This is a moment of great uncertainty. Here’s what you can do about it.
We hope you appreciated this article. Before you go, we’d like to ask you to please support the Forward’s independent Jewish news this Passover.
This is a moment of great uncertainty for the news media, for the Jewish people, and for our sacred democracy. It is a time of confusion and declining trust in public institutions. An era in which we need humans to report facts, conduct investigations that hold power to account, tell stories that matter and share honest discourse on all that divides us.
With no paywall or subscriptions, the Forward is entirely supported by readers like you. Every dollar you give this Passover is invested in the future of the Forward — and telling the American Jewish story fully and fairly.
The Forward doesn’t rely on funding from institutions like governments or your local Jewish federation. There are thousands of readers like you who give us $18 or $36 or $100 each month or year.
Support our mission to tell the Jewish story fully and fairly.
