The New York Attorney General is trying to determine how much money the Sacklers have amassed and where it is. Details of the transfers, including some alleged by the authorities to be cleared through Swiss bank accounts, were released in a new lawsuit by Attorney General James.
We refuse to allow the family to abuse the courts to protect their financial misconduct, "James said in a written statement." The limited number of documents we have been provided so far underscores that Need to fulfill each subpoena. "
Millions of referrals on which Mortimer DA Sackler, a former Purdue board member, was mentioned throughout the new document.
In a statement to CNN, Sackler said," In these decades Transmissions that were perfectly legal and appropriate in every way is nothing new.
"This is a cynical attempt by the office of a hostile AG to slander headlines to try to torpedo a mutually beneficial agreement that is supported by so many other states and that would lead to communities and individuals Need help billions of dollars across the country, "said Sackler. Mark S. Cheffo, a lawyer with Purdue Pharma, said in a lawsuit dated 6. September that "Purdue has already produced more than 51
"Already these records have allowed the state to identify previously unknown shell companies that one of the Sackler defendants used to transfer money through accounts around the world and then hide it in at least two here in New York has made several million dollar real estate investments that have been (until now) exempt from any easily identifiable ties to the Sackler family, "wrote Nachman. "On the sole basis of this evidence, the state assumes that one or more of these previously unknown shell entities will be held liable as defendants directly under the DCL claims of the state."
Some referrals continued last year, the filing says
Sackler was involved in nearly $ 20 million in total 137 transfers, and some of these transfers did not take place until 2018, as did the Records emerge.
Sackler received some of these transfers and redirected "substantial parts of" This revenue went to two other companies that own real estate on its behalf, according to the document.
According to the court document, Sackler transferred nearly $ 40 million to Central Eight Realty LLC, which owns a New York townhouse on its behalf. Cherry Tree Holdings LLC, which owns a home in Amagansett, New York, received a transfer of nearly $ 4 million.
"Because the defendant Mortimer DA Sackler has placed these real estate holdings in New York on behalf of Shell companies, their property would have been impossible to identify from publicly available records and without access to financial records," the prosecutor said in the file.
In another referral, Sackler received $ 64 million from the newly discovered trust called Purdue Pharma Trust MDAS. and this money was sent through a Swiss bank account, according to the document.
He also received money passed on to the same Swiss bank account by Heatheridge Trust Company Limited, a trustee of a Sackler-owned trust, according to the court
The documents filed on Friday indicate that they are only the first The results of a single, unnamed response by a financial institution to the summons by the Attorney General in this case.  659003] The New York law firm identified several previously unknown bodies that are believed to "serve as directors of Purdue transfers to the Sackler defendants," based on the documents available from that unnamed financial institution were made.
Officials identify it only as "Institution A" as stated in the file.
CNN's Rob Frehse reported and wrote from New York, and Nicole Chavez reported and wrote from Atlanta.