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Mon Oct 30, 2017, 08:36 PM

Fancy suits at center of ex-Trump campaign chief charges

Source: AP

At $7,500 apiece, the handmade custom suits former Donald Trump campaign chairman Paul Manafort wore were meant to dazzle and impress.

An indictment unsealed Monday detailing conspiracy and money laundering charges against him suggests they certainly caught the eye of special counsel Robert Mueller.

A luxury clothing store in New York is among 19 vendors Manafort paid some $12 million to between 2008 and 2014 from foreign bank accounts he didn't disclose, using offshore companies registered in countries such as Cyprus and the Grenadines to make the purchases, court papers allege.

Besides the suits, Manafort used the money to buy antique rugs and art, make payments on three Range Rovers and install an $112,825 audio-visual system in his Hamptons home ó all without paying taxes on that income, the indictment charges.

Read more: http://www.latimes.com/sns-bc-us--manafort-expensive-tastes-20171030-story.html

27 replies, 3105 views

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Arrow 27 replies Author Time Post
Reply Fancy suits at center of ex-Trump campaign chief charges (Original post)
Zorro Oct 2017 OP
BumRushDaShow Oct 2017 #1
mercuryblues Oct 2017 #2
jberryhill Oct 2017 #4
mercuryblues Oct 2017 #8
jberryhill Oct 2017 #9
milestogo Oct 2017 #24
jberryhill Oct 2017 #27
highplainsdem Oct 2017 #18
jberryhill Oct 2017 #3
PSPS Oct 2017 #5
jberryhill Oct 2017 #7
Tess49 Oct 2017 #10
jberryhill Oct 2017 #12
Tess49 Oct 2017 #17
jberryhill Oct 2017 #19
Tess49 Oct 2017 #20
mercuryblues Oct 2017 #25
Scruffy1 Oct 2017 #22
Honeycombe8 Oct 2017 #6
riversedge Oct 2017 #11
not fooled Oct 2017 #13
Cicada Oct 2017 #14
forgotmylogin Oct 2017 #15
Bernardo de La Paz Oct 2017 #16
jberryhill Oct 2017 #21
mercuryblues Oct 2017 #23
HopeAgain Oct 2017 #26

Response to Zorro (Original post)

Mon Oct 30, 2017, 08:42 PM

1. Good Times

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Response to Zorro (Original post)

Mon Oct 30, 2017, 08:43 PM

2. money laundering

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Response to mercuryblues (Reply #2)

Mon Oct 30, 2017, 08:49 PM

4. My god no. Not a $7500 suit. That requires money dry cleaning.

 

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Response to jberryhill (Reply #4)

Mon Oct 30, 2017, 09:12 PM

8. lol

At over 12 million, I doubt he has worn the same suit twice. That is over 1,500 suits. One a day for over 4 years.

And we have veterans sleeping on the streets.

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Response to mercuryblues (Reply #8)

Mon Oct 30, 2017, 09:19 PM

9. The alterations are extra

 

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Response to mercuryblues (Reply #8)

Tue Oct 31, 2017, 07:41 AM

24. I don't think he can wear the suits in prison though.

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Response to milestogo (Reply #24)

Tue Oct 31, 2017, 09:51 AM

27. But in the admissions handbook, they said....

 



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Response to mercuryblues (Reply #2)

Tue Oct 31, 2017, 01:01 AM

18. Exactly. Same thing for the million or so he supposedly spent on antique rugs,

supposedly just the ones he could find in local stores. Saw an article already saying that expenditure didn't pass the smell test..

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Response to Zorro (Original post)

Mon Oct 30, 2017, 08:48 PM

3. Fun fact about tax deduction for work clothing

 

If you have a blue collar occupation, you can deduct payments for clothing required for work, but that doesnít apply to suits in white collar occupations.

https://www.1040.com/tax-guide/taxes-and-your-job/work-clothes-and-uniforms/

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Response to jberryhill (Reply #3)

Mon Oct 30, 2017, 09:01 PM

5. Not exactly

For blue collar occupations, the clothes required for work are deductible only if they couldn't be considered ordinary street clothes. So a jeans + jeans jacket combo isn't deductible.

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Response to PSPS (Reply #5)

Mon Oct 30, 2017, 09:07 PM

7. Come to think of it...

 

Whatís not ďordinary street clothesĒ these days?

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Response to jberryhill (Reply #7)

Mon Oct 30, 2017, 09:42 PM

10. Scrubs. n/t

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Response to Tess49 (Reply #10)

Mon Oct 30, 2017, 09:50 PM

12. I see people wearing those as regular wear

 


I mean, people go out in pajamas and slippers now. And I donít mean confused old folks who went through the wrong door and got lost. I mean just people out in their pajamas and slippers.

And I donít even shop at Wal-Mart.

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Response to jberryhill (Reply #12)

Tue Oct 31, 2017, 12:55 AM

17. True, but I can deduct my scrubs on my taxes without having to defend the deduction.

My occupation, as listed on my taxes, is one where scrubs are typically worn, even required. So, it's not an iffy deduction.

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Response to Tess49 (Reply #17)

Tue Oct 31, 2017, 01:05 AM

19. Fox News should run with this

 

How the rich are being screwed by special tax loopholes for the working class.

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Response to jberryhill (Reply #19)

Tue Oct 31, 2017, 01:16 AM

20. Yes, if they only knew..... n/t

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Response to jberryhill (Reply #12)

Tue Oct 31, 2017, 08:39 AM

25. Haha funny you mentioned that

My kid asked me if I would give him a ride to school this morning.
I have a cold from hell, so I told him I wasn't going to get dressed much. Or maybe I should get dressed and go to the store to get milk after I dropped him off. Nah, I'll just drop you off and get milk later. Honest to God his reply was "Well go to Wal-Mart, you'll fit right in."

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Response to PSPS (Reply #5)

Tue Oct 31, 2017, 02:13 AM

22. And it only applies if you can get more by itemizing than by standard deduction.

i haven't itemized in 20 years. Itemizing is mainly for the rich, who can afford big mortgages for their mansions at taxpayer expense,

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Response to Zorro (Original post)

Mon Oct 30, 2017, 09:07 PM

6. And YET, he would be one that would get a big tax cut from the GOP! nt

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Response to Zorro (Original post)

Mon Oct 30, 2017, 09:44 PM

11. Trump needs better suits. His are dumpy.

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Response to riversedge (Reply #11)

Mon Oct 30, 2017, 10:08 PM

13. Don't blame the suits

they can't overcome his lumpy lardass.

No offense to big folks. dump thinks he's a sex symbol and hence is a fair target.

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Response to Zorro (Original post)

Mon Oct 30, 2017, 10:57 PM

14. $1.5 million to male clothing stores

Million in New York, half a million in Beverly Hills

Thatís amazing.

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Response to Zorro (Original post)

Mon Oct 30, 2017, 11:21 PM

15. He's wearing a third of my yearly pay in one suit.

I know a lot of people who'd like to show him a tax cut.

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Response to Zorro (Original post)

Mon Oct 30, 2017, 11:28 PM

16. He can buy 200 suits at $7500 with the money he laundered through those stores


He probably sold the suits on to reclaim cash, sold some back to the store to reclaim cash.

He may have given some away, as favors or partial payments for stuff.

Like, "OK, Charlie, go to my favorite store and fit yourself out for $15,000 on my account. I'll call ahead to let them know you are coming."

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Response to Bernardo de La Paz (Reply #16)

Tue Oct 31, 2017, 01:23 AM

21. Well, you cant fault a guy for being generous

 

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Response to Bernardo de La Paz (Reply #16)

Tue Oct 31, 2017, 07:34 AM

23. my guess is the stores don't exist n/t

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Response to Zorro (Original post)

Tue Oct 31, 2017, 08:48 AM

26. what pigs

obscene lifestyles and expenditures. The human inability to curb excess consumption, fueled by obtaining wealth by any means possible, will be the "extinction event" for our species.

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