DOJ Sues Ivanka's Ex-Business Partner for Massive Fraud

[DonViejo]

Source: Politico



Moshe Lax and members of his family allegedly conspired to deprive the U.S. of $60 million.

By BEN SCHRECKINGER August 17, 2018

The Justice Department is suing a friend and former business partner of Ivanka Trump for his alleged role in schemes to defraud the federal government out of millions of dollars in tax liabilities on his father’s estate.

Filed last month and reported here for the first time, the suit follows an August 2017 POLITICO investigation of alleged financial wrongdoing by New York businessman Moshe Lax and glaring irregularities in the Internal Revenue Service’s handling of a $27 million lien on his father’s estate.

The suit, which seeks more than $60 million in unpaid tax liabilities, was brought in the Southern District of New York by lawyers in the Justice Department’s tax division. It alleges that Lax, his sister Zlaty Schwartz, and his late father, Chaim Lax, engaged in a series of complex “sham transactions” designed to fraudulently evade tax liability.The government alleges the family members undertook 10 separate schemes “designed to hide the Lax family assets from the IRS and other creditors and make it appear as though the Estate was insolvent.”

At a time when Democrats are working to make corruption a midterm campaign issue and a jury deliberates over whether to convict President Donald Trump’s former campaign manager for tax fraud, the suit threatens to further the perception that the Trump family and their closest associates operate in a corrupt milieu.



Read more: https://www.politico.com/magazine/story/2018/08/17/ivanka-trump-business-partner-justice-department-lawsuit-moshe-lax-219369

[PJMcK]

1. The Trump family has such nice friends and associates

Drain the swamp?

Not so much.

[joshdawg]

4. Or as Bill Maher put it,

he's swamping the drain.

[olegramps]

17. The entirity of the GOP is an organised crime syndicate.

Their sole intent is the passage of laws that enrich the ultra-wealthy and enslave the working class. Any law, regardless of it justification, is deemed unacceptable if it in anyway affects their insatiable greed.

Unfortunately, the working class were duped into believing the propaganda, such as so-called Right-to-Work laws, and that Republicans polices would provide them with a golden path to wealth. I have to only cite one statistic to destroy that ridiculous myth, GM was the biggest employer in the nation and during the era of high unionism the average salary at GM was $30.00 an hour plus they enjoyed healthcare and a pension. Today the biggest employer in the country is Walmart. The average salary is $8.00 per hour, no benefits. Tell me who got taken for a ride.

[C_U_L8R]

2. It's hard to tell these days

Is that an honest prosecution... or a contrived Trump vendetta against a bad business partner?
Is this real life?

[bucolic_frolic]

7. Yes, it begs the question

how does one now separate what is legit from what is politicized from what is vengeance? and really, from what is fake and what is trial balloon? Game of Life, Monopoly? Game of Politics, Game of Motives.

[blaze]

14. Pretty much Vlad's plan. nt

[2naSalit]

3. Yes!!!

[Achilleaze]

5. republicans never tire of screwing & ripping-off America

disgusting

[bucolic_frolic]

6. REALLY Dumb as a suitcase of rocks

All those assets, all the tax returns they filed in their lives, all the wealthy people they were associated with and their estate plan strategy was 10 separate schemes to feign insolvency???? Not very convincing this insolvency while bathing in a bathtub of money.

[beachbum bob]

8. seems like trumps attract lots of criminals doesn't it?

[Mc Mike]

9. Sues, not jails. The story of little donnie dRUmpfenfuhrer's life.

[bluestarone]

10. Well i bet Ivanka was FULLY involved BUT

Blame the other guy right?? LOCK THEM BOTH UP!!!!!!!!!!!!!!!

[Botany]

11. I don't think this has anything to do w/Ivanka getting out of the biz last month?

is this needed?

Business Insider: Ivanka Trump's fashion company is shutting down
https://www.businessinsider.com/ivanka-trumps-fashion-company-shuts-down-2018-7

Quite a coincidence if they weren’t …. you know … connected

[SunSeeker]

15. My first thought as well.

[eggplant]

12. Evading taxes like this will now be known as the Chaim Lax Maneuver.

Sorrynotsorry.

[Shumi]

13. Don't stop there

Lock her up.

[Fullduplexxx]

16. Remember when hannity was in an uproar about presidential

Admins and their associations?

[turbinetree]

18. You just gotta to ask while they sat down to have a martini or a cosmopolitan

and she was just talking to them about "business" arrangements...................

give me a break......................she knew..............