Donald Trump transferred the ownership of his Mar-a-Lago resort to his son just days before the ex-president was arrested in Georgia, RadarOnline.com can report.
According to online property records, the former president “sold” his Palm Beach, Florida property for $422,000,000 on August 4.
…
Attorney Andrew Weissmann, who co-hosts the MSNBC podcast Prosecuting Donald Trump, also reported on the Mar-a-Lago transfer of ownership from Trump to Don Jr.
Weissmann questioned whether the scheme was a “fraudulent transfer.”
You know, like innocent people do.
It’s a great story, but it’s not true.
*NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date. If a recent sale does not show up in this list, please allow more time for the sale record to be processed
It’s only 3 weeks today, and even says it might take longer.
What consequences will our legal system allow him to avoid by doing this?
Iirc judges actually look into all assets including recently sold ones and that can go back several years specifically to catch people trying to shield their money in cases where they might owe a lot. Judges REALLY frown upon this and go after the assets anyways. It happened to Alex Jones, he sold his properties and assets to a company he owns to try and not pay anything to the sand hook parents. Judge was very displeased with him.
Why secretly if everyone knows about it?
He was, as usual, attempting a half-assed legal maneuver to shield his money. A move his lawyers would have told him was nonsense.
Removed by mod
Why not both?
Maybe that’s why he fired them just before surrendering too
At this point only a clown would work for him. He’s notorious for not paying, it’s an uphill battle, he’s guilty as sin.
They didn’t until the news reported on it.
Idk, seems like a reasonable thing to do before you go to prison.