Trump's campaign spends $6 million with Trump companies
Source: AP
Donald Trump is one of the wealthiest people to ever run for president, but his campaign appears to be flat broke. What's more, fundraising reports show he's used about $6 million in campaign money to pay his own companies and family members.
Trump's campaign expenses are hardly inspiring confidence among people whose money he's pursuing. The spending includes a $423,000 May payment to Mar-a-Lago, the private club in Florida that serves as his vacation home, and enough Trump-branded bottled water to fill a bathtub.
For instance, FEC reports show the campaign making about $400,000 in payments to Trump. But that's a campaign finance accounting quirk. What's actually happened is that Trump donated $400,000 in campaign office space and some salaries of company employees who have been working on his presidential bid.
The campaign has paid about $4.7 million for hats and T-shirts purchased from Ace Specialties. That company is owned by a board member of Eric Trump's charitable foundation.
Read more: http://bigstory.ap.org/article/9f7412236962464f9f2c0a8d2696ba25/trumps-campaign-cycles-6-million-trump-companies
This AP article has much more information than was released yesterday.
no_hypocrisy
(46,020 posts)that could have been used for the campaign.
TeamPooka
(24,205 posts)DonRedwood
(4,359 posts)which is "loan" that Trump gets back from the RNC once he is the candidate. So, he borrowed money that he paid to himself...then he gets paid back by RNC and pays himself again... so he pockets the money twice.
TeamPooka
(24,205 posts)Iliyah
(25,111 posts)alcibiades_mystery
(36,437 posts)TeamPooka
(24,205 posts)alcibiades_mystery
(36,437 posts)Reverse.
plcdude
(5,309 posts)a conflict of interest?
tanyev
(42,516 posts)If it's not illegal, it sure seems unethical.