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demmiblue

(36,872 posts)
Mon Aug 6, 2018, 01:20 PM Aug 2018

Some Big Names in Republican Fundraising Are Financing Trump's Legal Defense Fund

Source: The Daily Beast

Some of the richest individuals in the energy, real estate and casino industries are financing a controversial legal defense fund to help the president foot legal bills associated with the federal investigation into Russian election meddling.

The fund, known as the Patriot Legal Expense Fund Trust, was launched in late February 2018. Through June, the group’s top donor was Geoff Palmer, a Los Angeles real estate developer and one of the Trump 2016 campaign’s biggest financial supporters, according to financial records obtained by The Daily Beast. Palmer is followed by Phil Ruffin, a casino magnate and Trump backer, and Continental Resources, the oil and gas company founded and chaired by Harold Hamm, a high-dollar Trump donor and board member of pro-Trump dark money group America First Policies.

The group also reported income from ProActive Communications, which is run by the legal expense fund’s spokesman, Mark Serrano. ProActive has also done extensive business for the Trump re-election campaign since last year and Serrano has been a public defender of the president on cable. The legal expense fund has not reported any expenditures to ProActive.

Trump set up the fund to pay legal expenses incurred by White House officials and allies caught up in special counsel Robert Mueller’s investigation into Russian meddling in the 2016 presidential election. Trumpworld figures who’ve been questioned or prosecuted as part of that investigation have huge legal bills, sometimes stretching into the seven figures.

Read more: https://www.thedailybeast.com/some-big-names-in-republican-fundraising-are-financing-trumps-legal-defense-fund

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Some Big Names in Republican Fundraising Are Financing Trump's Legal Defense Fund (Original Post) demmiblue Aug 2018 OP
Why does he need donations for his legal defense? Ohiogal Aug 2018 #1
The number one rule of being a billionaire... jmowreader Aug 2018 #2
For the same reason he* needs to squander our tax money on his luxurious golf goof offs Achilleaze Aug 2018 #4
"Patriot Legal Expense Fund Trust" Va Lefty Aug 2018 #3
. Achilleaze Aug 2018 #5
PLEFT? 0rganism Aug 2018 #6
Let's boycott the businesses owned by these people onetexan Aug 2018 #7
It won't matter. paleotn Aug 2018 #8
According to this report, the fund hasn't spent a penny on legal work Kaleva Aug 2018 #9

Achilleaze

(15,543 posts)
4. For the same reason he* needs to squander our tax money on his luxurious golf goof offs
Mon Aug 6, 2018, 01:32 PM
Aug 2018

He's a republican grifter.


* aka republican Draft-Dodger-in-Chief

Kaleva

(36,317 posts)
9. According to this report, the fund hasn't spent a penny on legal work
Mon Aug 6, 2018, 09:23 PM
Aug 2018

" Los Angeles real estate developer Geoffrey Palmer, Las Vegas casino operator Phillip Ruffin and Continental Resources, a gas company headed by Harold Hamm — all friends of President Donald Trump — donated most of the $200,000 raised by a legal defense fund set up to help people caught up in special counsel Robert Mueller's investigation. But the Patriot Legal Expense Fund Trust did not spend any of that money on legal fees, according to tax filings. Instead, the Patriot Legal Expense Fund Trust from the beginning of 2018 through the end of June spent more than $42,000 on "insurance" from a Alabama-based risk-management company, and another $6,500 on accounting services from an accounting firm."

https://www.cnbc.com/2018/08/06/trump-legal-defense-fund-raised-200000-but-spent-zero-on-legal-work.html

If some legal bills are running into the 7 figures and the fund has only raised $200,000, this seems to be not much of anything.
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