Trump's casino settles U.S. money laundering claims Corruption!

[UCmeNdc]

Feb 11 The parent of Trump Taj Mahal, one of Atlantic City, New Jersey's struggling casinos, has settled U.S. government charges that it violated federal laws designed to thwart money laundering, court filings show.

Trump's Taj Mahal Associates LLC agreed to the assessment of a $10 million civil penalty by the Treasury Department's Financial Crimes Enforcement Network, according to a proposed consent order filed on Tuesday with the U.S. Bankruptcy Court in Wilmington, Delaware.

The penalty will take the form of a general unsecured claim in Trump Taj Mahal's bankruptcy.

In exchange, Trump Taj Mahal admitted to have willfully violated reporting and record-keeping requirements under the federal Bank Secrecy Act from 2010 to 2012.

These violations included many that had been previously revealed by the U.S. Internal Revenue Service as far back as 2003.


http://www.reuters.com/article/trump-ent-trumptajmahal-moneylaundering-idUSL1N0VL2L120150211


Old Corruption, New Corruption!

Donald Trump is a crook!

[jamese777]

1. Old story n/t

[anamandujano]

2. that nobody has ever heard of before, aka new news

[ffr]

3. .

Not good.

[KeepItReal]

4. The Trump Foundation is breaking out the checkbook... Oh wait...

That's not legal, right?

[wishstar]

5. Trump has singlehandedly kept IRS extremely busy for years with his shady dealings

and hopefully they are initiating new investigations after the latest revelations