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Business Insider: Trump shifted campaign donor funds into private businesses
Posted on 2/6/21 at 8:02 pm
Posted on 2/6/21 at 8:02 pm
In case anyone was wondering where their "Stop the Steal" donations were going.
LINK
LINK
quote:
Former President Donald Trump has shifted money raised from campaign donors into the Trump Organization, according to documents from the Federal Election Committee (FEC) seen by Forbes.
He moved around $2.8 million into his private businesses throughout the duration of his presidency, Forbes's Dan Alexander reported.
Trump funneled an additional $81,000 into the Trump Organization after his election loss, the magazine said.
The payments were made public in the filings the campaign submitted to the FEC and were listed to cover costs including rent, airfare, lodging, and other expenses.
One of the campaign's joint-fundraising committees, associated with the Republican Party, also moved an estimated $4.3 million of donor money into his private business during his presidential term, according to Forbes.
The joint-fundraising committee also paid around $300,000 towards Trump's hotel chain in the week following the former president's election loss, the Independent reported.
Around $40,000 was handed over from the campaign to Trump Tower Commercial LLC, a company which the former president owns a stake in, in December, the paper said.
This isn't the first time it has been reported that Trump transferred campaign money to his private businesses.
In July, The Washington Post's David Fahrenthold reported that Trump's campaign sent nearly $400,000 to the Trump Organization in just two days.
Documents showed that the campaign channeled $380,000 to the president's personal business in 43 transactions, Fahrenthold said.
This comes when the former president is said to be looking for ways to cash in on his post-presidency to address potentially huge debt.
The Trump Organization owes $400 million, according to Forbes.
Posted on 2/6/21 at 8:03 pm to sicboy
And he paid for the expenses upfront, maybe he an get a couple hundred million out of Netflix.........
Posted on 2/6/21 at 8:04 pm to sicboy
soyBoy still crying over OMB, why don't you focus on the drooling retard in the White House
Posted on 2/6/21 at 8:05 pm to sicboy
I wonder how much tax payer money he made from secret service having to rent rooms at mar a lago. fricked up
Posted on 2/6/21 at 8:06 pm to roadtrash77
quote:
roadtrash77
Another stupid Democrat.
Posted on 2/6/21 at 8:06 pm to sicboy
quote:
In case anyone was wondering where their "Stop the Steal" donations were going.
No we were just wondering when someone in law enforcement was going to donate a set of handcuffs and a free extended stay room at The Gray Bar Inn for at least one person involved with the Russia Collusion Coup attempt or the 2020 Election Coup success.
Posted on 2/6/21 at 8:07 pm to sicboy
Lol. So at worst, repaying campaign debt which came in the form of personal loans to his own campaign.
In any event, don't care because it's a full 100% certainty that the article is manipulative garbage, to put it nicely.
In any event, don't care because it's a full 100% certainty that the article is manipulative garbage, to put it nicely.
This post was edited on 2/6/21 at 8:11 pm
Posted on 2/6/21 at 8:07 pm to sicboy
Muh Russia version infinity
Sidenote, what kind of loser has this crap on their mind at 8 on a Saturday?
Sidenote, what kind of loser has this crap on their mind at 8 on a Saturday?
This post was edited on 2/6/21 at 8:10 pm
Posted on 2/6/21 at 8:08 pm to roadtrash77
quote:
I wonder how much tax payer money he made from secret service having to rent rooms at mar a lago. fricked up
How about Obamas three week annual trips to Hawaii or vacations in Martha Vinyard.
Do we know the purpose of these fund transfers. Perhaps the Trump organization had rented out space for the Trump campaign? There are perfectly legitimate reasons for this.
Posted on 2/6/21 at 8:08 pm to sicboy
Trump loaned his campaign money and was paying it back. Nothing to see here.
This post was edited on 2/6/21 at 8:11 pm
Posted on 2/6/21 at 8:12 pm to sicboy
Let me know when they have proof Don Jr was on AF1 going to China making $1.5 billion investment deals.
Posted on 2/6/21 at 8:17 pm to roadtrash77
quote:we should compare that number with the total of his salary that he voluntarily didn't receive
I wonder how much tax payer money he made from secret service having to rent rooms at mar a lago. fricked up
you people. biden is signing things left and right that he hasn't even read but let's attack the hardest working president ever who's list of accomplishments goes to the moon and back
Posted on 2/6/21 at 8:18 pm to sicboy
quote:
Around $40,000 was handed over from the campaign to Trump Tower Commercial LLC,
Posted on 2/6/21 at 8:21 pm to Taxing Authority
How evil is it that these people know precisely what this is all about and the kosher nature of it, yet put out this propaganda regardless?
Wonder if they might wanna report that Hillary was using 2016 campaign funds to repay 2008 campaign debt? Because she was. And ya know what? It really isn't even inappropriate, tbh. Bastards.
Wonder if they might wanna report that Hillary was using 2016 campaign funds to repay 2008 campaign debt? Because she was. And ya know what? It really isn't even inappropriate, tbh. Bastards.
Posted on 2/6/21 at 8:22 pm to sicboy
Yea he was in it for the money. That’s why he gave up 400k per year
Posted on 2/6/21 at 8:24 pm to sicboy
quote:
He moved around $2.8 million into his private businesses throughout the duration of his presidency, Forbes's Dan Alexander reported.
Trump funneled an additional $81,000 into the Trump Organization after his election loss, the magazine said.
The payments were made public in the filings the campaign submitted to the FEC and were listed to cover costs including rent, airfare, lodging, and other expenses.
One of the campaign's joint-fundraising committees, associated with the Republican Party, also moved an estimated $4.3 million of donor money into his private business during his presidential term, according to Forbes.
You fricking cocksucker, those amounts are NOTHING and are a drop in the bucket to the expenses he incurred and money he rasied for that matter.
"business insider" - filthy leftist rag
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