General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow did Trump purchase the Turnberry Resort in Scotland?
Did he pay cash?
Did he get a loan thru Deutsche Bank?
Does anyone know?
We know that Russia was very active in money-laundering at that time but no one believes that Donald Trump would ever get involved in anything like that.
Backseat Driver
(4,390 posts)kentuck
(111,079 posts)<snip>
The goal of laundering money is to take the proceeds of a criminal activitygovernment corruption, tax fraud, drug trade, or many othersand to disguise its origin. Many oligarchs in the former Soviet Union who made their money by expropriating the states wealth want to move their money into a more stable nation with greater rule of law. This presents a challenge: How can one insert illegally obtained funds into a system that requires due diligence? The answer, quite often, is to use shell companies to disguise the flow of funds. Although we cannot say that Trump himself knowingly engaged in money laundering, we do know with certainty that much of his business in the past decade was in the industries most known for money laundering, in the locations most conducive to money laundering, and with people who bear the key hallmarks of money laundering.
kentuck
(111,079 posts)kentuck
(111,079 posts)James Comey refused to answer.
https://www.newsweek.com/comey-new-yorker-interview-893319