Tom Barrack Jr., the founder of Colony Capital and a former top fund-raiser for Donald Trump, was arrested on charges of acting as an unregistered agent of a foreign government.
Mr. Barrack, 74, was arrested Tuesday in California, according to a Justice Department statement.
Others tied to Trump have been charged with violations of the Foreign Agents Registration Act. Among them are former top fundraiser Elliott Broidy, former Trump campaign chairman Paul Manafort and former national security adviser Michael Flynn. Trump personal lawyer Rudy Giuliani is being investigated for breaches of FARA and has denied wrongdoing.
FARA, as it is known, requires people in the U.S. who are acting on behalf of a foreign principal to register as such. Penalties for violating the act range from a $5,000 fine to as many as 5 years in prison, according to the Justice Department.
Colony Capital is now named DigitalBridge Group.
