Vanity Fair investigation links Jared Kushner to secret financial transactions via Cyprus

A recent investigation published in Vanity Fair on October 22, 2026, alleges that Jared Kushner, son-in-law and advisor to U.S. President Donald Trump, was involved in clandestine financial dealings during Trump's first presidential term. The report, which is an excerpt from the upcoming book "Princes and Thieves: Jared Kushner and Mohamed bin Zayed’s Secret Plot to Remake the Middle East" by investigative journalist Matthew Cole, claims that senior officials from the United Arab Emirates and Saudi Arabia directed substantial funds to accounts linked to Kushner.

Cyprus is identified in the report as an intermediary hub for these transactions. According to a source cited by Cole, significant amounts of money were transferred from Israel into two specific bank accounts, referred to as "Alpha" and "Beta," before being moved to further destinations. The report specifically references nearly one billion dollars originating from the United Arab Emirates. While the allegations are serious, the report does not name the specific Cypriot banks involved, nor does it provide transaction dates or details on final beneficiaries. Jared Kushner has categorically denied these accusations. The investigation also mentions that Dutch intelligence services reportedly monitored Kushner’s mobile device in relation to these activities.