Ivanka Trump Firm Connected To International Fraud Scheme

Image credit: U.S. Department of State

The now-defunct Ivanka Trump Fine Jewelry company was connected to a wealthy family's attempt to avoid debt repayment.

A wealthy United Arab Emirates family, the Al-Saris, is under fire for a scheme to hide money and avoid repaying debts - a scheme that involved purchasing jewelry from a company connected to Ivanka Trump.

A court document filed at the U.S. District Court for the Southern District of New York this summer and obtained by GQ, who published a report on Friday, December 22, claims that the now-defunct jewelry company Ivanka Trump Fine Jewelry was allegedly involved in a scheme to cover a $100 million debt owed by an oil trading family to the Commercial Bank to Dubai.

The court documents do not name Ivanka.

GQ notes that neither a White House spokesperson nor Trump Organization counsel returned a request for comment at publish time.