NBC News reports: A gold trader who is close to Turkish President Recep Erdogan is now cooperating with federal prosecutors in a money-laundering case, according to two sources with knowledge of the matter, and legal experts say prosecutors may be seeking information about any ties between the Turkish government and former National Security Advisor Mike Flynn.

Reza Zarrab, a dual Turkish-Iranian national, faces charges in federal court in Manhattan for skirting sanctions on Iran by allegedly moving hundreds of millions of dollars for the Iranian government and Iranian firms via offshore entities and bank accounts.

But Zarrab is now out of jail and speaking to prosecutors — a move President Erdogan had been desperately hoping to avoid. [Continue reading…]