InvestorsHub Logo
Followers 245
Posts 55847
Boards Moderated 12
Alias Born 04/12/2001

Re: scion post# 47351

Friday, 07/23/2021 10:32:10 AM

Friday, July 23, 2021 10:32:10 AM

Post# of 48180
Ex-Trump adviser Barrack set for bail hearing Friday

BY LEXI LONAS - 07/23/21 07:50 AM EDT
https://thehill.com/blogs/blog-briefing-room/news/564486-ex-trump-adviser-barrack-set-for-bail-hearing-friday

A onetime campaign adviser to former President Trump is set to go back to court on Friday for a bail hearing.

Thomas Barrack will appear in front of a federal magistrate judge in Los Angeles to determine if he will receive bail after he was charged with multiple counts for allegedly working as an undisclosed foreign lobbyist on behalf of the United Arab Emirates, Bloomberg reported.

After his arrest Tuesday, prosecutors told the judge that Barrack was a flight risk and should not receive bail.

The prosecutors said he is “an extremely wealthy and powerful individual with substantial ties to Lebanon, the UAE, and the Kingdom of Saudi Arabia” who could leave on on his private plane.

They said Barrack has “deep and longstanding ties to countries that do not have extradition treaties with the United States.”

Barrack was part of Trump’s 2016 campaign and later pushed for policies that would benefit the UAE. At one point, Barrack talked to Trump about appointing himself as an ambassador to the country.

Rashid Sultan Rashid Al Malik Alshahhi and Matthew Grimes, friends of Barrack, were also accused of undisclosed foreign lobbying.

Barrack and Grimes have both been arrested, while Alshahhi remains to be found.

"The defendants repeatedly capitalized on Barrack’s friendships and access to a candidate who was eventually elected President, high-ranking campaign and government officials, and the American media to advance the policy goals of a foreign government without disclosing their true allegiances,” Mark Lesko, the acting head of the Justice Department’s national security division, said in a statement.


TAGS DONALD TRUMP TRUMP ADVISER ARREST

https://thehill.com/blogs/blog-briefing-room/news/564486-ex-trump-adviser-barrack-set-for-bail-hearing-friday

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.