Wiki: Felix Sater

Felix Henry Sater (born Haim Felix Sater; March 2, 1966) is a Russian-born American real estate developerand managing director of Bayrock Group LLC, a real estate conglomerate based out of New York City, New York. Sater has been an advisor to many corporations, including The Trump Organization, Rixos Hotels and Resorts, Sembol Construction, Potok (formerly the Mirax Group), and TxOil....

Work with the Bayrock Group[edit]
Sater joined Bayrock Group LLC as a senior advisor in 1999 at the bequest of the company's owner and founder, Tevfik Arif. As a senior advisor, he assisted with several projects, including executive decisions in the Trump SoHo project.[3]
Trump SoHo[edit]

Felix Sater was a managing director of Bayrock Group LLC, as well as a senior advisor to Donald Trump and The Trump Organization when construction of the Trump SoHo began in 2006[4]

He played a major role throughout the process of the building's construction, and remained managing director of Bayrock Group when the Trump SoHo project was completed in 2010. The building is a $450 million, 46-story, 39-unit hotel condominium located at 246 Spring Street in SoHo, New York City. The project was a collaboration between The Trump Organization, Bayrock Group LLC and Tamir Sapir....

Legal issues[edit]

In 1991, Sater got into an argument with a commodities broker at the El Rio Grande restaurant and bar in Midtown. He stabbed the man's cheek and neck with the stem of a margarita glass, breaking his jaw, lacerating his face, and severing nerves.[8][1] Sater was convicted of first degree assault in 1993 and served a year in prison.[2][9] This resulted in Sater being barred from selling securities on the National Association of Securities Dealers (now called the Financial Industry Regulatory Authority).[1]

In 1998, Sater was convicted of charges of fraud in connection to a $7.9 million penny stock pump and dump scheme through his employer, White Rock Partners. In return for a guilty plea, Sater agreed to assist the US government in issues of national security, working in Asia for the CIA.[10] He was ultimately sentenced to a $25,000 fine, and no prison time as a result of gratitude for service to his country. As a result of his assistance, Sater's court records were sealed by Loretta Lynch.[11] Several illegal attempts have been made to extort Sater through the use of these sealed documents as evidence from a corporate hard drive by former Bayrock Group co-workers Jody Kriss and Michael Chudi Ejekam, as part of a $1 billion lawsuit against Sater, Donald Trump, and many others.[12]...


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