Broke in 2000, How Donald Trump made a “Comeback:” It Probably Was Not Legal

This is the story Trump does not want you to know. Completely unqualified to be our nation’s president, his only positive attribute was his claim that he was a ‘successful businessman.’ Most of us could not understand how a man who declared bankruptcy five times, including his Atlantic City casinos, could be labeled a ‘success.’ Something I have been suggesting for more than a year is now being alleged by Buzz Feed.

Regulations related to real estate sales in America are few and somewhat easy to evade. Money acquired through illegal actions by various individuals, including Russian oligarchs, must be ‘laundered’ through a legitimate enterprise before it can be easily accessed by those individuals. One way to ‘launder’ millions of dollars is through the sale and purchase of real estate. When this does occur, the transactions are completed with cash; no bank records will exist.

We know that Trump was given multiple loans from Deutshe Bank. We also know that one of his cabinet members, Wilbur Ross, was once the head of the Bank of Cyprus, a bank controlled by Vladimir Putin.

We also know that in 2008, Dmitry Rybolovlev bought a Palm Beach mansion owned by Trump for $13 million more than the most expensive Palm Beach mansion sale up to that moment. It was originally announced by Rybolovlev’s representatives that the purchase was business related. Today they are calling it a ‘family investment.’

Buzz Feed is now claiming that this sale was one of many money laundering efforts between Trump and Russian oligarchs. Multiple cash sales beginning in late 2000 allowed Trump to become solvent once again.

After 9/11, laws were passed intending to protect the real estate industry from becoming a vehicle for money laundering by foreign agents. However, by establishing an offshore LLC, and linking it to a legitimate business, tens of millions of dollars can easily be laundered without leaving a paper trail.

This appears to have some validity, and is likely one of the principal reasons why Trump refuses to offer his tax returns to the American people; he is a criminal and has committed multiple acts of treason.

Trump has been the target of dozens of lawsuits. Most recently he settled out of court after ‘Trump University’ was exposed as a fraud.

Is your illegitimate president a charlatan; a crook? The answer is a big “yes.” From his orange skin to his business acumen, nothing about Trump is real. He lacks sufficient intellect to accomplish anything he claims.

The world has learned that today Trump is mentally incompetent. Some experts suggest that he suffers from a condition called paranoid schizophrenia, while others claim that he suffers from senility or dementia.

Whatever his problem might be, he cannot be allowed to remain in the White House. We, the American people, deserve better. Trump is not only harming the working class, he is destroying the respect America once received from people around the world.

It’s time to ‘dump Trump.’

Please spread the truth; thank you.

Op-ed by James Turnage

SOURCE

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