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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPresident Trump appears in Panama Papers for the first time
CHRIS SOMMERFELDT NOV 24, 2017 5:03 PM
President Trump's name has for the first time been discovered in the Panama Papers, the massive trove of leaked documents detailing ways in which the world's richest people hide their business dealings from scrutiny and taxation.
The discovery, first flagged by investigative reporter Jake Bernstein on Friday afternoon, involves the purchase and subsequent sale of a condo at the newly constructed Trump Palace on Manhattan's Upper East Side in the early 1990s.
The deal involved a mysterious Panamanian company called Process Consultants, Inc., which bought a 16th floor condo at the Trump skyscraper in 1991.
Process Consultants was owned through so-called bearer shares, which can be used to transfer assets with complete anonymity. Such shares are popular among money launderers.
http://www.nydailynews.com/amp/news/politics/trump-appears-panama-papers-time-article-1.3655007
I knew there'd be more after the initial publication date.
SunSeeker
(51,550 posts)steve2470
(37,457 posts)*waits for the concerned-about-Franken-contingent to kick this also*
JonLP24
(29,322 posts)I'm too afraid to give my opinion on the matter so I'd rather focus on other issues.
Achilleaze
(15,543 posts)I'd bet a crate of dipping dots.