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riversedge

(69,294 posts)
Wed Nov 29, 2023, 05:17 PM Nov 2023

Trump Caught Moving Money Around to Pay Massive Tax Bill [View all]

Source: daily beast




HIGH WIRE TRANSFER

Trump wasn't supposed to be moving significant amounts of money around without notifying a court-appointed auditor. He just got caught paying himself so he could pay his taxes.


Jose Pagliery Published Nov. 29, 2023 4:46PM EST

......................

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.

Jones described the way she discovered the Trump family company once again breaking the rules during an audit of its finances in recent months. In the run-up to the ongoing bank fraud trial that threatens to vaporize the real estate company and boot the Trumps from the business world, Justice Arthur F. Engoron ordered the company to not start shifting around funds to avoid paying what’s becoming an increasingly threatening massive penalty.

That meant the Trumps had to notify Jones anytime they moved more than $5 million out of the billionaire’s massive trust. Except they didn’t.

Jones said she and her team recently spotted unusual activity when reviewing 10 months of bank statements from 12 separate accounts belonging to the Donald J. Trump Revocable Trust. They found that Trump had pulled out $40 million in “three cash transfers” without ever notifying her....................

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Read more: https://www.thedailybeast.com/trump-caught-moving-money-around-to-pay-massive-tax-bill



Why am I not surprised at Trump breaking the rules ones AGAIN!




Donald Trump just got caught quietly shifting around $40 million. But his explanation is wild.

He apparently paid a whopping $29 million in taxes--plus a ton related to losing his rape trial.


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BAU Timewas Nov 2023 #1
He might be lying. twodogsbarking Nov 2023 #2
NO rules apply to him, cause he's GAWD'S CHOSEN. bluestarone Nov 2023 #3
So any consequences for the Grifter? vapor2 Nov 2023 #4
The court could freeze his assets to start. tinrobot Nov 2023 #30
Yes yes..please PortTack Nov 2023 #37
Can more frequent audits be done? Pas-de-Calais Nov 2023 #5
That would be up to the Judge I think. riversedge Nov 2023 #6
I Think There Will Be Now! ProfessorGAC Nov 2023 #8
2 or 3 audits a day Marthe48 Nov 2023 #16
Oh my! 2naSalit Nov 2023 #7
Yawn. Tell us when he does something new truthisfreedom Nov 2023 #9
Trump paid taxes??? Now that is news rurallib Nov 2023 #10
My thought too. He actually paid what he was supposed to maybe? Instead of tax cheating. ZonkerHarris Nov 2023 #31
If these were taxes that would land him an arrest for tax evasion if left unpaid DFW Nov 2023 #33
Billionaire my ass Blue Owl Nov 2023 #11
Never was, never will be. japple Nov 2023 #15
Not even in Rubles Kennah Nov 2023 #29
The eternal question DFW Nov 2023 #32
And he still walks free, Beachnutt Nov 2023 #12
I won't hold my breath on consequences levied... EarthFirst Nov 2023 #13
He's not paying taxes. He's paying himself. Novara Nov 2023 #14
Must be great to do white collar crime... JT45242 Nov 2023 #17
Who cares? He'll never face any consequences anyway. PSPS Nov 2023 #18
robbing peter to pay pay paul eh? snork AllaN01Bear Nov 2023 #19
He could not have done this without bank assistance Generic Brad Nov 2023 #20
Meanwhile 3auld6phart Nov 2023 #21
Oh damn, well what is the court going to now. Another order violated. republianmushroom Nov 2023 #22
$5 million was amount? Geesh! LiberalFighter Nov 2023 #23
I'm sure he'll get a stern suggestion that he try not to do it again too often. Orrex Nov 2023 #24
This is their walking-around money. What's been done that we don't see or hear about? NBachers Nov 2023 #25
Breaking the law 365 sarcasmo Nov 2023 #26
Regulations, laws, court rulings, the Constitution... LudwigPastorius Nov 2023 #27
Whoopdedoo. He can do anything with no recourse anyways. Oneironaut Nov 2023 #28
Well, he's under four current indictments with 91 pending charges. Elessar Zappa Nov 2023 #38
of course the fear is he will evade those charges, like he's evaded serious responsbility LymphocyteLover Nov 2023 #42
someone suggests on twitter that he is moving the money to test the reaction Grasswire2 Nov 2023 #34
Isn't that what he does every single freaking day? LymphocyteLover Nov 2023 #41
He doesn't mind the reaction. He is oppositional defiant. It's a symptom of all his mental disorders. Captain Zero Nov 2023 #44
The fact this happened is pure moniss Nov 2023 #35
He breaks every rule Demovictory9 Nov 2023 #36
He breaks every rule and Grammy23 Nov 2023 #39
This time the courts will REALLY give his lawyers a talking to. n/t Alpeduez21 Nov 2023 #40
And nothing will happen Owens Nov 2023 #43
sigh SouthernDem4ever Nov 2023 #45
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