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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThese Trump Campaign Payments to the Trump Organization Look Shady as Hell
The Trump campaigns payments to the Trump Organization for a week-long donor retreat at Mar-a -Lago earlier this year look awfully similar to money laundering.
Investigative reporter David Fahrenthold tweeted out the receipts earlier this week, showing $380,000 in payments over two days, broken into chunks of $10,000 and lesswhich happens to be the reporting requirement for receipt of cash payments in a trade or business to FinCEN (the Financial Crimes Enforcement Network)that he described as Campaign donations turned into private revenue for POTUS.
The Trump Organizations record of the payment raises many questions Im familiar with from my 30-year career as an investigator at the IRS: Is the $380,000 income? If so, what was delivered in exchange for it? Were these payments for past services rendered or for future expected returns? Who were the donors? Why didnt the Trump Organization just report the entire $380,000 in total? Why break that down into separate transactions? Why was each payment identically described as Facility Rental/ Catering Services? Is something being disguised here?
Could the above financial transactions be legitimate? Perhaps. The Trump campaign and the Trump Organization did not immediately respond to questions on Thursday; the Trump Organization has said that the figure had to be broken into 43 separate payments because Mar-a-Lago cant handle credit card transactions of more than $10,000. Ten thousand dollars also happens to be the amount below which no reports are required to be filed.
https://www.yahoo.com/news/trump-campaign-payments-trump-organization-072456122.html
underpants
(182,824 posts)at least some of it. The family is on the payroll too.
Rachel Maddow had a great report on this last week.
abqtommy
(14,118 posts)Andy823
(11,495 posts)on all the money he can get from the republican party. I read a post that said republicans in the House are trying to get money from RNC, but they can't get Kushner to OK it! Looks like the trump clan has control over the money, do you know where it's going to go, straight into trump pocket!
I hope they run out of money for and all the republicans running and finally see just how trump works.