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...defendant: former billionaire Adnan Khashoggi. The now bankrupt Saudi Arabian arms dealer stands accused of conspiring with the Marcoses to conceal their illicit spending by backdating documents to make it appear that he, not the Marcoses, had bought four Manhattan skyscrapers valued at about $400 million. Actress Bo Derek played a cameo role, visiting her friend Khashoggi in the courtroom...

Author: /time Magazine | Title: Judge Wapner, Where Are You? | 7/2/1990 | See Source »

...American law is sometimes longer than many lawbreakers imagine, and last week it reached around the world to seize two very different suspects. At the request of the U.S., Swiss authorities went to the posh Schweizerhof Hotel in Bern and arrested Adnan Khashoggi, the Saudi millionaire and arms dealer implicated in the Iran-contra scandal. Khashoggi is wanted in New York City on racketeering charges stemming from real estate dealings involving former Philippine President Ferdinand Marcos...

Author: /time Magazine | Title: Bringing Them Back to Justice | 5/1/1989 | See Source »

...world's spiffiest private yacht, the 282-ft. Trump Princess, "the finest piece of art on water," which once belonged to fallen fellow dealmaker Adnan Khashoggi. Cost: $29 million. The yacht contains gold-plated bathroom fixtures, a rotating sun bed and the one thing every hot yachtsman needs: a waterfall. Khashoggi, who had named the ship after his daughter Nabila, shaved $1 million off the asking price to guarantee that Trump would rename it something else; Trump, who has his own ideas about names, probably would have obliged him for nothing...

Author: /time Magazine | Title: Flashy Symbol of an Acquisitive Age: DONALD TRUMP | 1/16/1989 | See Source »

...view of capitalism run amuck: Trump owns one of the city's biggest apartments (a $10 million, 20,000-sq.-ft. triplex), a palatial country house (Marjorie Merriweather Post's 118-room villa, Mar-a-Lago, in Palm Beach, Fla.), a floating island for a yacht (once owned by Adnan Khashoggi), a giant helicopter (a 44-seat double rotor, under construction), the world's biggest gambling casino (the 120,000-sq.-ft. Taj Mahal in Atlantic City), and the biggest ego (see his memoir, Trump: The Art of the Deal...

Author: /time Magazine | Title: One Superpower to Another | 12/12/1988 | See Source »

...million in Philippine government funds. Imelda's husband and alleged partner in crime, Ferdinand Marcos, did not appear. The deposed President, 71, said he was too ill to leave Honolulu, where the couple has lived since 1986. Eight other defendants accused in the scam, including Saudi arms dealer Adnan Khashoggi, are abroad. If the Marcoses are found guilty of the main charges, they could face up to 20 years in prison...

Author: /time Magazine | Title: From Ally to Pariah | 11/14/1988 | See Source »

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