Senate Intelligence Committee has Requested Documents on Trump - NBC

[octoberlib]

Link to tweet

Ken Dilanian?Verified account
@KenDilanianNBC

Senate intelligence committee has requested documents on Trump from Treasury's money laundering unit, NBC News confirms

[Botany]

1. Team Trump built a hotel in Azerbaijan to launder money for oil oligarchs and

the Iranian Revolutionary Guard.

http://www.newyorker.com/magazine/2017/03/13/donald-trumps-worst-deal

[octoberlib]

15. Hadn't seen that article. Thanks for posting

[lunatica]

22. Rachel Maddow did a connect the dots with them a couple of times

Dirty as shit

[Botany]

25. Yup .... I saw that then read the article

Since the mid 1990s Trump hasn't made much on his "deals" but money laundering
and selling the Trump name has been his thing.

[dalton99a]

2. This assumes cooperation from a known gang member named Mnuchin

The financial crimes organization reports through an undersecretary to Mnuchin

[longship]

17. Somebody needs to pnuch Mnuchin in the face!

That's all.

[NewRedDawn]

20. And Pence...

Ryan, McConnell, Grassley, Cruz, Paul, etc.

[itcfish]

21. Cotton

needs one too!

[NewRedDawn]

23. Yeah Giraffe neck Cotton Too. As well as Sean Spicer.

[vlyons]

26. Not to worry!

Come election day 2018, they all shall get their come-uppance, when we go into the voting booth and pour a big can of whoop-ass all over them, and anyone else with an (R) after their name.

[spanone]

3. Next ....trump fires entire senate.

[2naSalit]

7. Right?!?

I am sure he thinks there's a way he can do that!

[L. Coyote]

30. Who will be surprised at this point?

[Frustratedlady]

4. OK, I've got to show my ignorance here...

Why do people launder money? Can they earn interest on it without the IRS knowing that they have it? I know it is mainly to avoid taxes, but if they are so concerned someone will discover hidden earnings, why not hide it in a huge safe or hidden area of a building? Bury it in the backyard in the ol' coffee can.

The only thing that makes sense to me is IF they can earn interest and not get caught by the IRS.

I guess my mind doesn't work on criminal crap.

[octoberlib]

5. Organized crime launders their ill-gotten gains through legitimate

business interests to hide it from authorities. Another way is for them to form shell corporations and buy Trump real estate.

[Frustratedlady]

6. Wouldn't the unraveling be interesting to track money from other countries through Trump hotels/apts

and eventually to Trump, himself? Was the Kushner $500K deal to Chinese elites similar? I suppose that if they got an apartment in one of his pricey places you wouldn't call it money laundering unless they paid, say...$100M for a $40M apt? I seem to recall one of those in Florida. Bought the house and then tore it down.

Speaking of, whatever happened to Dmitry and his jet?

I'd say they all should be laundering their dirty reputations.

[2naSalit]

8. Well...

that seems to be coming out lately and I'm pretty sure that what we see is the tip of a ginormous iceberg.

[Frustratedlady]

10. One can only hope...

and that the iceberg doesn't melt before it's all exposed.

[Bernardo de La Paz]

13. Casinos seem to be the bigger sink. tRump casinos lost money in 1990s while others boomed.

It was a time when Russian oligarchs seemed to favor tRump casinos for whatever reasons.

[jmowreader]

16. Hillary was on to something during the campaign...

...and didn't realize it. IIRC Hillary was discussing how bad a businessman Trump is when she asked, "how in hell do you go broke running a casino? That's a license to print money."

If the government would have stepped up the investigation then, We The People wouldn't be on the hook for the millions it's going to take to remove this entire administration now.

[Frustratedlady]

28. Not only remove the administration (and, parts of Congress), but...

put things back in order.

You would think that the Republicans would shut their mouths and let the process work (if there are any left) when we DO get to the point of getting rid of the Trump crooks, but then that idea could probably be filed under "dreams". I've never seen anything like it and hope we never get caught in this kind of situation ever again.

[Bernardo de La Paz]

12. Money Laundering US, Money Laundering Control Act

https://en.wikipedia.org/wiki/Money_laundering

Money laundering is the process of transforming the profits of crime and corruption into ostensibly 'legitimate' assets.[1] In a number of legal and regulatory systems, however, the term money laundering has become conflated with other forms of financial and business crime, and is sometimes used more generally to include misuse of the financial system (involving things such as securities, digital currencies, credit cards, and traditional currency), including terrorism financing and evasion of international sanctions.[2] Most anti-money laundering laws openly conflate money laundering (which is concerned with source of funds) with terrorism financing (which is concerned with destination of funds) when regulating the financial system.[3]

https://en.wikipedia.org/wiki/Money_laundering#United_States

https://en.wikipedia.org/wiki/Money_Laundering_Control_Act

[Frustratedlady]

14. So, I would assume that is one reason why he has so many small businesses?

To unscramble that mess would take a lifetime. I should hope that we would be able to see some of his tax returns and get enough information out of those to confiscate his empire in back taxes/penalties/interest. Of course, anyone who believes he would declare his money laundering on his tax returns would be dreaming, but some of those small companies surely have some reason for being. Has it ever been determined how many he has?

Thank you for the info.

[radical noodle]

19. Of course

The businesses feed each other to move money. It's done all the time in business. He just takes it to an extreme.

[lunatica]

24. Lots of money goes in, a little comes out as legitimate and

a lot of people get a huge amount of the money in cash for just not seeing the laundering.

If you ever watched Breaking Bad, that's what they did when they bought the car wash. It was a legitimate business and they supposedly made a living off of it and paid taxes and everything, except that they put the bad money in and kept it in a storage unit. then to use it they just paid cash for everything so it couldn't be traced back to them. Only the legitimate car wash income could be traced.

Does that help?

[vlyons]

27. Getting caught running an illegal scam,

running guns, sex slaves, extorsion etc are all punishable crimes with jail time and/or confiscation of illegal "dirty" money and assets bought with same. But ... if illegal money is "laundered," through real estate, legal companies, etc. then the crime is hidden, and the money can be put into banks, Wall St, and other investments without the true source being known.

[Mr. Ected]

9. He'll refuse to cooperate

That much is obvious.

The question is, to what extent will the Senate move to enforce this request.

No repercussions means no proffer.

[C Moon]

11. Trump: "Who can I fire in that group?"

[L. Coyote]

18. Conspiracy to Obstruct Justice. Comey investigating Trump/co-conspirators for Hatch Act violations.

How many investigations are being obstructed anyway?



Truth-suppressing acts by co-conspirators Sessions, Flynn, Kushner create liable for Conspiracy to Obstruct Justice. 18 U.S.C. §§ 1621 to 1623 -- Given perjury, subornation of perjury, false declarations, the assertion of a false affirmative statement by an individual testifying under oath accompanied by other obstructive, evasive testimony, such as a false denial of knowledge or memory, an offense may exist. 18 U.S.C. §§ 371 and 372--conspiracies to commit any offense against the United States, or to prevent or retaliate in response to the lawful discharge of the duties of Federal officers ...

18 U.S. Code § 1505 - Obstruction of proceedings before departments, agencies, and committees

..... Whoever corruptly, or by threats or force, or by any threatening letter or communication influences, obstructs, or impedes or endeavors to influence, obstruct, or impede the due and proper administration of the law under which any pending proceeding is being had before any department or agency of the United States, or the due and proper exercise of the power of inquiry under which any inquiry or investigation is being had by either House, or any committee of either House or any joint committee of the Congress—

Shall be fined under this title, imprisoned not more than 5 years or, if the offense involves international or domestic terrorism (as defined in section 2331), imprisoned not more than 8 years, or both.

[enid602]

29. Assets

And where there's RICO Grand Juries and subpoenas, there will likely also be asset seizure.