- cross-posted to:
- usa
- politics@lemmy.world
- cross-posted to:
- usa
- politics@lemmy.world
A court-ordered financial auditor has caught Donald Trump quietly moving $40 million from the Trump Organization into a personal bank account—seemingly so the former president could pay his whopping $29 million tax bill.
Trump isn’t supposed to be moving any money around without alerting Barbara S. Jones, a former federal judge in New York tasked with babysitting the Trump Organization for its relentlessly shady business practices. But on Wednesday, she notified a New York state court about some major bank transfers that were never brought to her attention by the Trumps.
You must log in or # to comment.
Cool cool cool, that’s just great. So there are going to be immediate legal consequences, right???
Fuck I’m so tired of this.
Oh yes yes, consequences aplenty! They are facing a fine of several thousand dollars here! Justice at long last!!
You forgot the strongly worded reprimand. He’ll think twice next time.
Susan Collins thinks he has already leaned his lesson.
I’m honestly starting to think he was sent to us as some sort of test to see how much bullshit we’ll put up with before we revolt, and we’re fucking failing.
Makes me think of Vault 11 from Fallout New Vegas where the population has to sacrifice one person every year or everyone would be killed.
Only it was a test and if they refused then nobody is killed. But they send sacrifices for almost 200 years.
Did the sacrifices that were sent actually get killed?
Oh yep, yep they did.
[End Turn.]
This made my day.
But on Wednesday, she notified a New York state court
Just how fast you want them to move?! This was reported to the court TODAY.
And he stole classified documents three years ago. He orchestrated a failed coup three years ago too. At the rate this is going he’s going to be elected grand emperor and he will just dismiss the cases against him.
Probably before with the many laws he’s already broken and been indicted for.
Wake me up if he’s in a high max security prison with an orange jumpsuit and a tear tattooed next to his eye
the legal ramifications for Trump is so great, that it’ll spill over to people who shouldn’t be in trouble but sadly had the letter ‘T’ in their name. So sorry Tommy and Tina, you’re going to jail cause our Orange Idiot is too rich.
Oh, you too Anthony and Bridgette, don’t think we didn’t see those T’s hiding!
This is already done and has been for months. They are just trying to figure out exactly how fucked over here is.
Narrator: He wasn’t.
You’re wrong. Anything can happen with the federal cases but this New York one will stick. The law they are using was created specifically for people like Trump that they can’t take down criminally.
I hope you’re right but the last 6 years have eliminated 100% of confidence that you will be.
Your cynicism is totally understandable, but all the lawyers I’ve listened to on this one say he’s fucked. It’s just that Justice moves too slowly for the average person, so it feels like nothing is being done about his lawlessness.
Dude he’s about to be elected perpetual supreme grand emperor so he can just cancel democracy.
Cross all the t’s and dot all the i’s but penalise him already.
I feel you. Justice moves slowly, especially for people who have immense privilege. I want him behind bars or hidden away somewhere, never to be seen again. We’re too close to fascism to be giving people like him the benefit of the doubt.
Hey, he actually paid E Jean Carroll her proceeds from the lawsuit (this was part of the transactions listed here).
So he was actually out a little under $6M from a legal loss, and actually paid.
Anyway, toss that toothpick on the scales opposite the sequoiah of judicial indifference.
Oh I know. This was just lucky for us.
What’s the issue here exactly?
You legally can’t treat a corporation as your personal ATM.
Not just a tax bill, but insurance bills and attorney bills for the Carroll case.
But the rest apparently went to cover Trump’s mounting legal costs following a searing jury verdict in May that determined he sexually assaulted the journalist E. Jean Carroll—and slapped him with a $5 million penalty.
“I have also confirmed that the other transfers were for insurance premiums and to an attorney escrow account,” Jones wrote, referencing the Carroll case.
What a guy.
I feel like there should be a little more headlines about that, but after typing this who am I kidding? Thats not gonna damage him in anyway.
Does this imply that his funds generated from begging to his supporters are drying up?
I’m under no illusion that it’d be due to change 9f heart, but maybe they’re tapped out at this stage.
He says he’s a billionaire, so all of this is supposed to be a rounding error at most. It’s becoming more clear he isn’t even a billionaire, and is in serious trouble with major banks. The NY trial could rout his “business empire.” Unfortunately he’ll still win the regressive nomination.
Weird headlines for days around here O.o I had to come see what was going on because “Trump caught paying taxes” just sounds like a joke 😅
The only really surprising thing I see is that he’s paying taxes at all. Also, what’s the difference between quietly and loudly moving $40 million around? I honestly have no idea what kind of sound that makes.
He’s under an injunction against quietly transferring funds around in case he tries to hide it. Let’s be honest, he probably has accounts he hasn’t declared that should be accounted for. If it’s a legitimate expense all he had to do was let the observer know what he was doing and why. But instead he did it hoping it wouldn’t be noticed.
He’s a moron.
Because of the financial fraud trial involving the company, they’re required to notify the judge anytime they move money around. “Quietly” in this case means they didn’t do that.
I think ‘quietly’ is standing on for ‘fraudulently’ here.
That’s how they got Al Capone, for tax evasion.
Stop it, you’re killing me…Next you’ll tell me he’s disseminated classified materials to foreign nationals.
Keeping secret materials in your pool house bathroom is something from a scrapped episode of Arrested Development.
It would be cool if he actually got punished for being the con-artist he is.
45 for prison 2024
Lock him the fuck up already.
Wait, he pays taxes?
He does now. Most of his ability to dodge taxes is either under investigation or shut down right now. Being under 91 active indictments isn’t the best time to be cheating on your taxes, but this is Trump after all…
He only didn’t pay taxes through a combination of fraud and astronomical losses that you can pass forward for a period of years. That’s over now.
I wish there was some way to cut off any funds to him via fundraising and crowdfunding. John Barron spent years lying about his wealth and now his supporters act like he’s some kind of charity case. Do they even hear themselves when they justify sending a so-called billionaire their cash?
deleted by creator
Wait. This makes it sound like they might actually lose a shit load of money?
deleted by creator
That’s a lot, but for some reason I still fell like it’s low, considering the organization is probably worth billions… or did I get the valuation wrong?
Funny thing but that’s what the case centered around in the first place.
What does surprise me more? That he circumvents court orders to move around money, or that he actually pays (significant) taxes for a change?
Headline could reach “Wealthy person found loopholes and illegal ways to keep more of their money.” I mean, if you’re gonna eat the Candy Korn, EAT EM ALL :)
Again?
