Federal investigators examined Trump Media for possible money laundering, sources say
Source: The Guardian
Federal prosecutors in New York involved in the criminal investigation into Donald Trump’s social media company last year started examining whether it violated money laundering statutes in connection with the acceptance of $8m with suspected Russian ties, according to sources familiar with the matter.
The company – Trump Media, which owns Trump’s Truth Social platform – initially came under criminal investigation over its preparations for a potential merger with a blank check company called Digital World (DWAC) that was also the subject of an earlier investigation by the Securities and Exchange Commission.
Towards the end of last year, federal prosecutors started examining two loans totaling $8m wired to Trump Media, through the Caribbean, from two obscure entities that both appear to be controlled in part by the relation of an ally of Russian president Vladimir Putin, the sources said.
The expanded nature of the criminal investigation, which has not been previously reported, threatens to delay the completion of the merger between Trump Media and DWAC, which would provide the company and Truth Social with up to $1.3bn in capital, in addition to a stock market listing. Even if Trump Media and its officers face no criminal exposure for the transactions, the optics of borrowing money from potentially unsavory sources through opaque conduits could cloud Trump’s image as he seeks to recapture the White House in 2024.
Read more: https://www.theguardian.com/us-news/2023/mar/15/trump-media-investigated-possible-money-laundering
= new reply since forum marked as read
the crimespree of this orange turd is breathtaking.
I don't use that smiley much but WTF? "cloud" the "image"?????
(this is where you have a complete media disconnect when they continue to normalize the criminal nutjobs)
Corpirate sponsors don't want to pay their fair share.
