A federal criminal investigation into former President Donald Trump’s media company Trump Media has expanded to include potential money laundering violations linked to an $8 million loan with Russian ties, theWednesday, potentially further threatening the ex-president’s media company and its planned merger with special purpose acquisition company Digital World Acquisition Corp ....
The payments were reportedly made in two installments, with $2 million being paid to the company in December 2021—when thenotes it was on the “brink of collapse” after its planned merger with DWAC got delayed—and another $8 million was paid two months later.Guardian reports Paxum Bank is partly owned by Anton Postolnikov, an apparent relation of Aleksandr Smirnov, an ally of Russian President Vladimir Putin who worked for Putin’s government until 2017 and now runs the Russian-controlled maritime company Rosmorport., a former executive at Trump Media, who told thethe payments initially “caused alarm” at Trump Media and executives considered returning the money but decided not to, in part because they couldn’t afford to lose it.
Trump’s son Donald Trump, Jr., was reportedly aware of at least the first payment coming through, thereported, quoting an email sent to him about it to “keep [him] in the loop,” but the outlet noted it’s unclear if Trump—Trump Media’s chair—was aware of the payments and their origins, saying he “did not seem to be particularly interested in managing the day-to-day running” of the company.
notes, and under federal money laundering rules prosecutors would have to show they were the product of “unlawful activity” and Trump Media actively tried to conceal the source of the payments. Prosecutors are also reportedly interested in the payments because Paxum Bank finances businesses related to pornography and sex work, which are also at a higher risk of money laundering.
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Any reports on the millions from china to the Biden’s Forbes?!it’s national news now u efing hacks
Well Russia is very good at that kind of thing.
Now do Biden and Ukraine! We can take em all down!
Russia, Russia, Russia. More BS.
The propaganda doesn’t stop…
DonaldJTrumpJr
If only Trump did all these to Hillary!
😂 😂 😂 Blind as a Forbes
I Love Donald trump....keep spreading fake News
You guys and gals really cannot let this go, eh?
We all know he's guilty
This is what US calls political prosecution when it happens in another country
Sounds like another witch hunt, he's not in office, go after the crook in charge currently. Oh yeah I forgot Forbes is an elitist mouth piece and has no journalistic integrity. Forbes protects the rich and corrupt for the elites.
Because Trumps are crooks. realDonaldTrump DonaldJTrumpJr IvankaTrump jaredkushner EricTrump TiffanyATrump 2billionreasons frauds liars
Yet there are some who are incapable of keeping their stories straight still supporting this 🤡
😅😅😅
Trump way!!
RepKatiePorter SenWarren VP JoeBiden. Trump can’t get anywhere close to the WH again or we’ll have such a breakdown of American values, laws, and unity, it will take a decade to recover. Look at what he already did to cause division, a 1/6/21 riot, & banks failing! NeverDJT
Dems trying so damn hard
When are the b.s. investigations going to stop?
still desperately trying.
Just let the guy run and let the people choose… it’s been the usual suspects for what 6-7 years with the same stories and when they end up not panning out.. the narrative gets so much airtime and the actual result never even matters 🙄🙄🙄
Let me guess. “The walls are closing in” “He’s going to jail this time”
I'm shocked, SHOCKED, that there's money laudering in this establishment.
Where's the story on Biden getting money from China.
Probably the easiest guess of the century
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Source: CNBC - 🏆 12. / 72 Read more »