General Discussion
In reply to the discussion: Deutsche Bank loans to Trump co-signed by Russian Oligarchs. [View all]lapfog_1
(29,198 posts)Collusion, as we all know, isn't a crime, conspiracy is...
However, in the financial world, fraud is easier to prove.
Donald probably inflated his assets to help the bank approve his loan... but the other part of the leak stated that Donald paid almost zero income tax... most likely by declaring losses to offset any real estate gains he made, most like using the same properties that he told the bank about.
Either way (or possibly both) he either committed fraud on the loan docs or tax evasion with the IRS. Those facts will be very difficult to explain away (no doubt Faux will try).
The last bit is what was the origin of the money loaned to Trump... yes, it was in the bank... but the bank has already paid over $600M in fines for money laundering... so here is how this may have worked... Oligarchs need to launder a few $B... a group of them, close to Putin. The money is dirty. But they have a bank willing to look the other way, so they deposit the money... they get their patsy (Trump) to borrow the money... only on his own there isn't any way he could qualify... so the Oligarchs co-sign the loans (essentially having Trump borrow THEIR money back from the bank, minus the usual bank fees). Now that their Patsy has the "clean money" he can invest it in whatever, using a few dummy corporations. The deeds that are acquired in these purchase transactions pass through the dummy corp to... ta da... the Oligarchs that co-signed the loans... They don't even have to sell the properties... they can simply use the deeds and titles with Legitimate banks to borrow the money... CLEAN money... that they can spend anywhere in the west.
It's only a slight variation of this: