Trump Ally Tom Barrack Facing Foreign Agent Charges

Tom Barrack, former chairman of Colony Capital, was arrested in LA on charges of acting as an agent for the UAE. His longstanding ties with the UAE and involvement in Trump's inaugural committee are under scrutiny. Erik Schatzker provides insights into Barrack's situation, highlighting potential impacts on his new venture, Falcon Peak Partners. The legal implications are still unfolding, with a 7-count indictment unsealed in New York federal court.

How did Tom Barrack's previous role at Colony Capital change before his arrest?

What are the potential next steps following the indictment of Tom Barrack?

What impact might the charges have on Tom Barrack's new venture?