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Real Estate Baron Chetrit Settles Kazakh Money-Launder Case

By Tony Seruga

Joseph Chetrit developed NYC’s most expensive apartment
Almaty and BTA Bank claimed Chetrit helped hide stolen money

Joseph Chetrit, the developer of the most expensive New York City apartment ever listed for sale, settled a lawsuit claiming he helped launder money stolen from Kazakhstan by pouring it into two ritzy condominium projects.

The city of Almaty, the former capital of the central Asian nation, and BTA Bank JSC, the country’s third largest bank, voluntarily dismissed their claims against Chetrit and his development firm The Chetrit Group LLC, according to a Thursday letter to the judge overseeing the case…

Real Estate Baron Chetrit Settles Kazakh Money-Launder Case

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