General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIMPORTANT- Were Trump's casinos an elaborate Russian money laundering scheme?
https://twitter.com/Khanoisseur/status/817876860788817920How on earth was Trump losing money on his casinos while competitors were making bank?
You can say "haha what a dummy-losing money on casinos" but as I noted, Trump's losses appear deliberate, planned
But what if there's more to Trump's casino losses, which ran billions of dollars. Was it to disguise Russian money laundering?
Article below from 1995 notes how Russian mafia was laundering money in and out of the US using dummy corps
A coincidence that Trump's projectsafter banks ditched himwere financed by Russian mafia linked Bayrock?
Soviet charactersSater, Arif, Sapir, Mashkevich-suddenly pouring hundreds of millions into a bankrupt Trump?
Were these Russian links established during Trump's casino run-he helps them with laundering-they bail him out?
Recall the lawsuit against Bayrock naming Trump and kids alleges $250 million were laundered, untaxed, to Russia
We know Trump was getting tax benefits for losing people's investments, but now we have this laundering angle
Here is the smoking gun: US Treasury fined Trump's casinos $10 million for "significant, long standing anti-money laundering violations"
--- see twitter stream for supporting links.
BainsBane
(53,066 posts)and lush interiors. Then he built an even bigger casino that was competition for himself. It made no sense financially, so he went bankrupt. Fact is he is a lousy businessman. I think the Russian ties came after that, when his credit rating plummeted and he had trouble getting loans to finance his enormous debt.
Fast Walker 52
(7,723 posts)he maybe didn't care about going bankrupt because he was going to get bailed out with mob money
BainsBane
(53,066 posts)The early to mid-90s, beginning before the collapse of the Soviet Union and then while Putin was still working in St. Petersburg.
The scheme would have had to start while Russia was still communist. The timeline doesn't make sense.
I think lousy businessman better explains that bankruptcy.
Fast Walker 52
(7,723 posts)but I guess it depends when the Casinos were built...
Fast Walker 52
(7,723 posts)Fast Walker 52
(7,723 posts)investigation.
Fast Walker 52
(7,723 posts)Vinca
(50,303 posts)Fast Walker 52
(7,723 posts)but money-laundering wasn't just in the Casinos.
http://www.dailykos.com/story/2017/1/9/1618540/-Was-Donald-Trump-bailed-out-of-bankruptcy-by-Russia-crime-bosses
Trump is basically a mobster
Fast Walker 52
(7,723 posts)Fast Walker 52
(7,723 posts)Intel chiefs presented Trump with claims of Russian efforts to compromise him
lindysalsagal
(20,730 posts)Casinos are full of "gamblers" paid to carry in dirty money and lose it, and have it mixed into the anonymous cash stream.
Fast Walker 52
(7,723 posts)how much longer can he keep his dirt under wraps???