General Discussion

Fast Walker 52

(7,723 posts) Mon Jan 9, 2017, 02:27 PM Jan 2017

IMPORTANT- Were Trump's casinos an elaborate Russian money laundering scheme?

https://twitter.com/Khanoisseur/status/817876860788817920

How on earth was Trump losing money on his casinos while competitors were making bank?

You can say "haha what a dummy-losing money on casinos" but as I noted, Trump's losses appear deliberate, planned

But what if there's more to Trump's casino losses, which ran billions of dollars. Was it to disguise Russian money laundering?

Article below from 1995 notes how Russian mafia was laundering money in and out of the US using dummy corps

A coincidence that Trump's projects–after banks ditched him–were financed by Russian mafia linked Bayrock?

Soviet characters–Sater, Arif, Sapir, Mashkevich-suddenly pouring hundreds of millions into a bankrupt Trump?

Were these Russian links established during Trump's casino run-he helps them with laundering-they bail him out?

Recall the lawsuit against Bayrock naming Trump and kids alleges $250 million were laundered, untaxed, to Russia

We know Trump was getting tax benefits for losing people's investments, but now we have this laundering angle

Here is the smoking gun: US Treasury fined Trump's casinos $10 million for "significant, long standing anti-money laundering violations"

--- see twitter stream for supporting links.

16 replies

= new reply since forum marked as read

Highlight:

IMPORTANT- Were Trump's casinos an elaborate Russian money laundering scheme? (Original Post) Fast Walker 52 Jan 2017 OP

He spent way too much on the buildings BainsBane Jan 2017 #1

as the post says, the bankruptcy seems plannned Fast Walker 52 Jan 2017 #2

Look at the chronology BainsBane Jan 2017 #4

USSR dissolved in 1989... and he lost billions in the early mid 90s Fast Walker 52 Jan 2017 #5

he didn't really get into the Casino business heavily until right around when the USSR collapsed Fast Walker 52 Jan 2017 #6

it's shocking he isn't in jail, really... so much criminality that could be exposed with the right Fast Walker 52 Jan 2017 #3

kick for exposure Fast Walker 52 Jan 2017 #7

That's interesting . . . and totally plausible. Vinca Jan 2017 #8

Really good DailyKos piece on this here Fast Walker 52 Jan 2017 #9

Article with details on the money laundering violations here Fast Walker 52 Jan 2017 #10

I bet these stories were part of the compromising info the Russians had on him Fast Walker 52 Jan 2017 #11

Probably, and lots of other things that we'll never know about. lindysalsagal Jan 2017 #12

yes, for sure... the key point is Trump is VERY dirty Fast Walker 52 Jan 2017 #13

Obscure Casino Run by Trump Protege Raises Big Questions yortsed snacilbuper Jan 2017 #14

thanks! Fast Walker 52 Jan 2017 #15

OK, so it was something a bit different Fast Walker 52 Jan 2017 #16

BainsBane

(53,029 posts)

1. He spent way too much on the buildings

Reply to Fast Walker 52 (Original post)

Mon Jan 9, 2017, 03:00 PM

Jan 2017

and lush interiors. Then he built an even bigger casino that was competition for himself. It made no sense financially, so he went bankrupt. Fact is he is a lousy businessman. I think the Russian ties came after that, when his credit rating plummeted and he had trouble getting loans to finance his enormous debt.

Fast Walker 52

(7,723 posts)

2. as the post says, the bankruptcy seems plannned

Reply to BainsBane (Reply #1)

Mon Jan 9, 2017, 04:02 PM

Jan 2017

he maybe didn't care about going bankrupt because he was going to get bailed out with mob money

BainsBane

(53,029 posts)

4. Look at the chronology

Reply to Fast Walker 52 (Reply #2)

Mon Jan 9, 2017, 04:09 PM

Jan 2017

The early to mid-90s, beginning before the collapse of the Soviet Union and then while Putin was still working in St. Petersburg.
The scheme would have had to start while Russia was still communist. The timeline doesn't make sense.

I think lousy businessman better explains that bankruptcy.