Politics

Trump accused of money laundering

Published

on

Welp, looks like Donald Trump has been caught in yet another scandal. This time, he stands accused of laundering money with Russian oligarch Dmitry Rybolovlev, as political analyst Brian Allen explained:

Trump accused of flipping properties for huge profit

This is all over quite a notorious Floridian property.

Trump acquired the Maison de l’Amitie estate in Florida in 2004. The six-acre property set him back a cool $41.35m.

This is the property where he outbid the paedophile Jeffrey Epstein, and the feud between the two supposedly began.

Advertisement

But that’s not the end of the story.

Just four years later, Trump sold the property to Rybolovlev in 2008 for a whopping ÂŁ95m. Over double what he paid.

Trump claims he made some renovations, installing some of the gaudy gold fittings he loves. But surely he didn’t install enough of this bullshit to double the fucking property value?

Red flags galore

The issue with this comes down to the timing. This $95m sale occurred just as the US housing market was about to crash. And at the time Trump, was facing a $40m personal guarantee on a loan from Deutsche Bank, something he was struggling to pay.

Advertisement

Strange timing for a Russian billionaire to step in and buy the property, wasn’t it? And for double the cost. Especially when said billionaire’s ex-wife claimed he was using it to hide assets at the time.

Advertisement

Oh, and then he just tore the whole place down in 2016 anyway, having never lived in it.

Investigator Glenn Simpson testified to congress that the “extreme markup” on the property was suspicious.

Yes, it fucking is.

All coming out

Trump’s name is in the Epstein files thousands of times:

Advertisement

When this orange weasel has been through countless scandals, when is enough actually enough?

For more on the Epstein Files, please read our article on how the media circus around Trump is erasing the experience of victims and survivors.

Featured image via The Canary

Advertisement

Source link

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version