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5 Things You Should Know About the Trump-Russia Allegations

1. Business Ties
Morning commuters are seen outside the New York Stock Exchange, July 30, 2012.
Morning commuters are seen outside the New York Stock Exchange, July 30, 2012. | (Photo: REUTERS/Brendan McDermid)

Long before announcing his candidacy to become president, Trump had attempted business dealings with Russia going as far back as the 1980s.

A recent article by USA Today found that in 1987, Trump went to Moscow by invitation to speak about the possibility of developing luxury hotels in the then Soviet Union.

"While wrapping up a series of bankruptcies in New York [in 1996], Trump talked of building a replica of his Trump Tower in Moscow and traveled there to discuss renovating the Moskva and Rossiya hotels," noted USA Today.

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"Dozens of condominiums in Trump World Tower in midtown Manhattan were bought by Russians in the late 1990s, said Dolly Lenz, a real estate broker who sold many of the units."

Vox.com explained that while Trump "hasn't managed to land a single major real estate deal" in Russia, his "business ties to Russia are striking nonetheless."

"Even without access to his tax returns or venturing into conjecture about hidden business interests, it's clear that Trump has an affinity for doing deals with Russians," reported Vox.

"In 2008, Trump sold a mansion in Palm Beach, Florida, to Russian billionaire Dmitry Rybolovlev for $95 million. On the campaign trail, Trump at one point claimed it was his only dealing with Russia, but that's not accurate."

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