Prevezon Holdings

  • Russiagate
    • Cyprus– based Prevezon by Russian Denis Katsyv, 2007-2008 Russian organized crime $230 million tax fraud from Russian treasury, $14 million laundered in NY real estate
    • Denis Katsyv owns Inavto (leasing company$48m 2004-12) that owns MosOblTrans-1, Moscow’s “Uber for oligarchs” Daily Beast
    • Israeli Citizen- Martash Investment Holding Ltd., Katsyv’s Israeli company-2005 District Court of Tel Aviv confiscated $8 million after another money laundering investigation, Martash was accused of manipulating assets and falsified reporting. 
    • Putin–Denis’ father, Pyotr Katsyv, was a former vice governor and transportation minister of the Moscow region that created a conflict of interest for son’s preferential contracts, uncovered by Reuters July 24, 2012 Special Report: Russian Railways’ family connections Douglas Busvine, Stephen Grey

       Russian Oligarch or FBI Rat? A U.S. attorney [Preet Bharara] claims a Russian oligarch tried to offer up some countrymen and criminals to the FBI in exchange for a sweet deal for his son. Daily Beast Michael Weiss  “in February 2014, Special Agent John Penza of the FBI met in Rome with Denis Katsyv.” Regarding Pyotr Katsyv’s standing, “Olga Larina, the 70-year-old owner of Stroidormash Plant, an industrial machine manufacturer, had claimed that her property was being stolen through fraud to enrich the Katysvs. She is now serving a suspended five-year sentence for defaming Petr Katsyv, and had to pay him a $20,700 fine. Dmitry Baranovsky, the deputy head of the Russian NGO Spravedlivost (“Justice”), raised alleged corruption in the Katsyv family. He’s now serving 17 years in jail for fraud and defamation. His colleague Andrei Stolbunov, the head of Spravedlivost, is similarly accused of defaming Petr Katsyv; he’s now seeking asylum abroad…In October [2016], Putin fired Petr Katsyv’s boss, Vladimir Yakunin, from the presidency of Russian Railways” after applying for British citizenship, although Yakunin had been in Putin’s inner circle since 1990s St. Petersburg. Daily Beast

  • The Meetings
  • Magnitsky Act-Russian tax lawyer Sergei Magnitsky was pursuing Prevezon’s tax fraud case, then framed and tortured in prison for the case. SDNY US Atty. Preet Bharara prosecuted the case until he was fired.
  • Financial Crimes
  • Money Laundering
  • The Russians
  • Steele Dossier
  • The Mueller Report
  • The Timeline
  • Jared Kushner,Donald Trump Jr., Steve Bannon, Sam Clovis, Erik Prince: Criminal referral for prosecution by the Senate Intelligence Committee to the DC US Attorney‘s Office under Jessie Liu, who was fired and replaced by Trump AG Bill Barr‘s associate Tim Shea (charged in the “We Build The Wall” scam), who then reduced  Roger Stone‘s sentence & dropped the case  against Mike  Flynn on May 7, 2020, who already pleaded guilty twice.  Fmr. DC US Atty.Glenn Kirschner Explains ItNY AG Leticia James v.DONALD TRUMP, DONALD TRUMP, IVANKA TRUMP, ERIC TRUMP, THE DONALD J. TRUMP FOUNDATION founded in 1987 November 7, 2019; Ordered to pay $2 million “(1) breach of fiduciary duty and waste under New York’s Not-for- Profit Corporation Law (“N-PCL”) against the Individual Respondents; (2) failure properly to administer Foundation assets and waste under New York’s Estates, Powers and Trusts Law (“EPTL”) against the Individual Respondents; (3) wrongful related party transactions against Mr. Trump as defined in the N-PCL and EPTL; (4) dissolution of the Foundation under the N-PCL §§ 112 and 1101; (5) dissolution of the Foundation under the N-PCL §§ 112 and 1102; and (6) an injunction pending resolution of this proceeding.” Des Moines, Iowa on January 28, 2016 Donald Trump for Vets.com video Mike Huckabee: Fundraiser for military veterans was actually a campaign organized and planned event. The campaign contributed $2.8 million to the Trump Foundation. The following day, named donors C-Span. 

    Donald Trump

    • Donald Trump Jr.– Referred for criminal prosecution by the Senate Intelligence Committee to the DC US Attorney‘s Office
    • Jared Kushner– Referred for criminal prosecution by the Senate Intelligence Committee to the DC US Attorney‘s Office
    • Eric Trump – NY AG Leticia James v. THE TRUMP ORGANIZATION, INC.; DJT HOLDINGS LLC; DJT HOLDINGS MANAGING MEMBER LLC; SEVEN SPRINGS LLC; ERIC TRUMP; CHARLES MARTABANO; MORGAN, LEWIS & BOCKIUS, LLP; and SHERI DILLON 68-Page Memo to Force Compliance with Remitting Taxes & Corp. Documents August 24, 2020
    •  Ivanka Trump – Under FBI Counterintelligence Investigation for Trump for the brand-licensed Trump International Hotel and Tower in Vancouver that opened a Ivanka Trump™ Spa in February 2017 & developed by Malaysian billionaire Joo Kim Tiah’s Holborn Group for $360 million after Tiah befriended Donald Trump Jr.. in 2013 & pitched Ivanka on October 21, 2015 at a “Trump Luxe” VIP condo service launch  in the YVR London Aviation Centre . Holburn is backed by Tony Tiah Thee Kian, chairman of TA Enterprise, who has securities laws violations and  made “false statements to the Kuala Lumpur stock exchange”CNN.  Trump International Hotel Vancouver operator files for bankruptcy Daily Hive Urbanized Kenneth Chan. August 28, 2020 “Records obtained by Daily Hive Urbanized from the Office of the Superintendent of Bankruptcy Canada show TA Hotel Management has total liabilities of $4.8 million and total assets of $1.1 million.”
      Trump International Hotel & Tower Baku, Azerbaijan-Never opened (2008 conception), 2009-10 US Embassy cables exposed by WikiLeaks; May 2012 developer contracts with former maintenance engineer turned parliamentarian Elton Mammadov & Baghlan Group‘s Baku XXI Century ($2.5m), 2014 hotel announcement with architect Pierre Baillargeon & Mace of London, Backers: “notoriously corrupt” Ziya Mammadov, Azerbaijani Transportation Minister & an oligarch, supposedly using son Anar’s company and a Trump license, the family shell zqan. Foreign Corrupt Practices Act of 1977 (F.C.P.A.)-(Trump’s SEC Chair, Jay Clayton, wrote a 2011 paper against it. In 2000, 3 cases, in 2016, 54): US Companies cannot reward a foreign government officials in exchange for material or immaterial, preferential benefit. even unknowingly by avoiding discovery of a partner’s corruption (closing the “head in the sand” loophole; see Frederic Bourke of Dooney & Bourke sentenced 1 year in prison for Azerbaijani deal, 2009 ; Iranian Revolutionary Guard Corps (IRG)– When TIH&T Baku was conceived (2008), Ziya gave the 2008-incorporated construction company Azarpassillo millions in contracts for the Baku-Iranian Astara highway & more, chaired by Keyumars Darvishi who was head of the construction company, Raman, owned by the IRG‘s main financial arm, the Islamic Revolution Mostazafan Foundation. Keyumars has been the acting director of brother Habil’s Tehran Metro Co. & was a Sardar/Sr. Official of the IRG, and brother Kamal runs the IRG-controlled & 2007 US-sanctioned for Iran nuclear missile development co., Nasr that makes ballistic missile guidance systems. The Trump Org. knew by 2015.  The US considers the 150,000 independent theocratic military IRG a terrorist organization involved in Drug Trafficking & Money Laundering, and supports Hezbollah New Yorker
    • Trump Organization-NY AG Leticia James’ 68-Page Memo
      • Allen Weisselberg – Trump Organization CFO, Prepared Taxes for Decades Testified & granted immunity in Michael Cohen payoff to Stormy Daniels & Karen McDougal to protect the Trump Campaign
      • Alan Garten, Executive Vice President & Chief Legal Officer
    • Trump Campaign

    Trump Lawyers

    • Michael Cohen-payoff to Stormy Daniels & Karen McDougal to protect the Trump Campaign & Elliott Broidy paid $1.6 million for physical abuse, an abortion, and herpes using Trump’s fake name, “David Dennison”; testified to highly inflated real estate valuations in loan applications (bank fraud) then lowered for tax evasion & 2 sets of books. Hired by BTA Bank in 2017 to assemble legal team to relocate BTA‘s assets, but BTA’s atty., Boies Schiller Flexner LLP partner & fmr. federal prosecutor Matthew Schwartz said he did nothing of value. Newsweek

    Trump Donors

    Trump Inauguration Committee

From Wikipedia:   “Denis Katsyv is a Russian and Israeli[1] businessman based in Moscow and owner of Prevezon Holdings Limited. He was linked in a civil-assets case to money laundering through real estate investments in the United States, in violation of the Magnitsky Act of 2012; the case was settled in 2017 with the United States Justice Department by Prevezon agreeing to pay $5.9 million in fines. Katsyv has been represented by attorney Natalia Veselnitskaya, who met with Fusion GPS [contracted Orbis/Christopher Steele] co-founder Glenn R. Simpson and Donald Trump Jr in the summer of 2016 [Glenn Simpson was with Veselnitskaya hours before her meeting on June 9, 2016, Trump Tower], during the U.S. presidential campaign of the latter’s father, then-nominee Donald Trump. Katsyv is the son of Pyotr Katsyv, a former vice governor and transportation minister of the Moscow region. He was educated and took advantage of business opportunities as Russia began to privatize. The son became a shareholder of Cyprus-based Prevezon Holdings Ltd. shortly after it received mysterious cash payments in 2008 from Moldova.[2]  In May 2017, Prezevon settled a case brought by the U.S Department of Justice for $5.9 million in fines. It was related to Russian tax fraud and money laundering originally uncovered by the late Russian lawyer and auditor Sergei Magnitsky. Katsyv was represented by attorney Natalia Veselnitskaya [3][4] and law firm BakerHostetler in cooperation with research firm Fusion GPS, which was concurrently assembling opposition research against candidate Trump.[5] He provided financial support to the Human Rights Accountability Global Initiative, a lobbying agent against the Magnitsky Act that was created in February 2015 in Delaware.[6][7] Denis Katsyv was specifically named in testimony by American-British financier Bill Browder to the United States Senate Judiciary Committee of the 115th Congress on July 27, 2017 in regards to the Magnitsky Act.”

‘The offer was too good to refuse’: A major Russian money-laundering case was unexpectedly settled in New York Business Insider Natasha Bertrand  May 23, 2017

September 10, 2013 the US began a forfeiture case against US property.

January 22, 2014, the government of the Netherlands requested legal assistance and they seized property  in Rem AFI Europe Debt.

New York Property: 20 Pine Street, Units 1711, 1816, 2009, 2308, New York, NY 10005;  250 E 49th St, Unit Comm3, New York, NY. 10017

Acting Manhattan U.S. Attorney Announces $5.9 Million Settlement Of Civil Money Laundering And Forfeiture Claims Against Real Estate Corporations Alleged To Have Laundered Proceeds Of Russian Tax Fraud.    Alexander Litvak and Timofey Krit settled with Denis Katsyv through stipulation [May 12, 2017, signed by Katsyv on December 5, 2017]

“Defendant Prevezon Holdings Ltd. Agrees to Pay $5,896,333.65, Triple the Fraud Proceeds Alleged to Be Directly Traceable to the Defendants

Joon H. Kim, the Acting United States Attorney for the Southern District of New York, announced today that the United States has settled a money laundering and civil forfeiture action against assets of 11 corporations, including some that own luxury residential and high-end commercial real estate in Manhattan. The Government’s complaint alleged that the defendant corporations laundered some proceeds of a $230 million Russian tax refund fraud scheme involving corrupt Russian officials that was uncovered by Sergei Magnitsky, a Russian lawyer who died in pretrial detention in Moscow under suspicious circumstances and was posthumously prosecuted by Russia.

In the stipulation of settlement filed with U.S. District Judge William H. Pauley III today, which is still subject to approval by the Court, one of the defendant corporations, Prevezon Holdings Ltd., agrees to pay $5,896,333.65 to resolve the Government’s claims against all defendants. This payment represents triple the value of the proceeds that the Government alleged could be traced directly from the Russian treasury fraud to the defendants ($1,965,444.55), and more than ten times the amount of proceeds the Government alleged could be traced directly to property in New York (approximately $582,000).

The Government’s lawsuit alleged as follows:

In 2007, a Russian criminal organization engaged in an elaborate tax refund fraud scheme resulting in a fraudulently obtained tax refund of approximately $230 million from the Russian treasury. As part of the fraud scheme, members of the organization stole the corporate identities of portfolio companies of the Hermitage Fund, a foreign investment fund operating in Russia. The organization’s members then used these stolen identities to make fraudulent claims for tax refunds.

In order to procure the refunds, the criminal organization fraudulently re-registered the Hermitage companies in the names of members of the organization, and then orchestrated sham lawsuits against these companies. These sham lawsuits involved members of the organization as both the plaintiffs (representing sham commercial counterparties suing the Hermitage companies) and the defendants (purporting to represent the Hermitage companies). In each case, the members of the organization purporting to represent the Hermitage companies confessed full liability in court, leading the courts to award large money judgments to the plaintiffs.

The purpose of the sham lawsuits was to fraudulently generate money judgments against the Hermitage companies. Members of the organization purporting to represent the Hermitage companies then used those money judgments to seek tax refunds. The basis of these refund requests was that the money judgments constituted losses eliminating the profits the Hermitage companies had earned, and thus the Hermitage companies were entitled to a refund of the taxes that had been paid on these profits. The requested refunds totaled 5.4 billion rubles, or approximately $230 million.

Members of the organization who were officials at two Russian tax offices corruptly approved the requests within one business day, and approximately $230 million was disbursed to members of the organization, purportedly on behalf of the Hermitage companies, two days later.

After perpetrating this fraud, members of the organization undertook illegal actions in order to conceal this fraud and retaliate against individuals who attempted to expose it. After learning of the lawsuits against its portfolio companies, Hermitage retained attorneys, including Russian lawyer Sergei Magnitsky, to investigate. Magnitsky and other attorneys for Hermitage uncovered the refund fraud scheme, and the complicity of Russian governmental officials in it, and were subject to retaliatory criminal proceedings against them. Magnitsky was arrested and died approximately a year later in pretrial detention. An independent Russian human rights council concluded that Magnitsky’s arrest and detention were illegal, that Magnitsky was denied necessary medical care in custody, that he was beaten by eight guards with rubber batons on the last day of his life, and that the ambulance crew that was called to treat him as he was dying was deliberately kept outside of his cell for more than an hour until he was dead.

Members of the criminal organization, and associates of those members, have also engaged in a broad pattern of money laundering in order to conceal the proceeds of the fraud scheme. In a complex series of transfers through shell corporations, the $230 million from the Russian treasury was laundered into numerous accounts in Russia and other countries. A portion of the funds stolen from the Russian treasury passed through several shell companies into Prevezon Holdings, Ltd., a Cyprus-based real estate corporation that is a defendant in the forfeiture action. Prevezon Holdings laundered these fraud proceeds into its real estate holdings, including investment in multiple units of high-end commercial space and luxury apartments in Manhattan, and created multiple other corporations, also subject to the forfeiture action, to hold these properties.

* * *

A chart listing the companies named as defendants in the lawsuit is attached.

Mr. Kim praised the outstanding investigative work of ICE HSI New York’s El Dorado Task Force.

This case is being handled by the Office’s Money Laundering and Asset Forfeiture Unit. Assistant United States Attorneys Paul M. Monteleoni, Cristine Irvin Phillips, and Tara M. LaMorte are in charge of the case.

 

Prevezon Holdings, Ltd.
Prevezon Alexander, LLC
Prevezon Soho USA, LLC
Prevezon Seven USA, LLC
Prevezon Pine USA, LLC
Prevezon 1711 USA, LLC
Prevezon 1810, LLC
Prevezon 2009 USA, LLC
Prevezon 2011 USA, LLC
Ferencoi Investments, Ltd.
Kolevins Ltd.