Trumps lawyer created a private LLC in Delaware to pay off Stormy Daniels: report
Source: Raw Story
Corporate records and sources close to the alleged relationship between adult film actress Stormy Daniels and Donald Trump show that the presidents lawyer created an LLC in Delaware to pay the actress for her silence.
As the Wall Street Journal reported, Trumps attorney Michael Cohen created Essential Consultants, LLC. on October 17, 2016, and then used a bank account linked to the entity to send the payment to the client-trust account of a lawyer representing Daniels, whose given name is Stephanie Clifford.
This story is developing
Read more: http://www.rawstory.com/2018/01/trumps-lawyer-created-a-private-llc-in-delaware-to-pay-off-stormy-daniels-report/?comments=disqus
MosheFeingold
(3,051 posts)But he should have used a two-tier approach, with a holding company in the Caymans or something.
L. Coyote
(51,134 posts)AC_Mem
(1,980 posts)Follow the money.
Maybe the Russians paid the bill!
dhol82
(9,650 posts)Bengus81
(10,165 posts)DeminPennswoods
(17,506 posts)nt
bucolic_frolic
(55,143 posts)perhaps they were afraid this news would break? Or did it take many months to arrange The Art of the Deal?
pansypoo53219
(23,034 posts)intheozone
(1,136 posts)paid Essential Consultants, LLC $130K+ in October or November 2016. Trump Sr's, Eric's or Jr's foundation?
Or did he use campaign funds to pay the LLC? You know campaigns need lots of consultants, right?
You also know Trump would never spend his own money when he could spend others' money instead.
Owl
(3,768 posts)msongs
(73,755 posts)LittleGirl
(8,999 posts)Is that legal?
mackdaddy
(1,976 posts)Who made this campaign contribution, and were they under the contribution limit?
That is what they go Gary Hart on....
orangecrush
(30,261 posts)Baitball Blogger
(52,350 posts)BobTheSubgenius
(12,217 posts)I don't know why this is significant. Background, maybe? Thanks...
pnwmom
(110,261 posts)of paying hush money to a mistress. When she reported her "earnings" to the IRS, she reported them as coming from Essential Consulting, not from Donald Trump.
This is not the usual purpose of LLCs. And everyone is now wondering where the money came from.
Also, it is noteworthy because this was during the same pre-election time period when DT was denying claims made by several other women. If this payment hadn't been hidden, it would have added to their credibility.
Botany
(77,324 posts).... but nothing happened?
RhodeIslandOne
(5,042 posts)FAUX Noise is all over it.