HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Most Trump real estate no...

Wed Jun 14, 2017, 12:18 AM

Most Trump real estate now sold to secretive buyers

Source: USA Today

Since President Trump won the Republican nomination, the majority of his companies’ real estate sales are to secretive shell companies that obscure the buyers’ identities, a USA TODAY investigation has found.

Over the last 12 months, about 70% of buyers of Trump properties were limited liability companies – corporate entities that allow people to purchase property without revealing all of the owners’ names. That compares with about 4% of buyers in the two years before.

USA TODAY journalists have spent six months cataloging every condo, penthouse or other property that Trump and his companies own – and tracking the buyers behind every transaction. The investigation found Trump’s companies owned more than 430 individual properties worth well over $250 million.

Since Election Day, Trump’s businesses have sold 28 of those U.S. properties for $33 million. The sales include luxury condos and penthouses in Las Vegas and New York and oceanfront lots near Los Angeles. The value of his companies' inventory of available real estate remains above a quarter-billion dollars.

Read more: Linhttps://www.usatoday.com/story/news/2017/06/13/trump-property-buyers-make-clear-shift-secretive-llcs/102399558/k to source



That's one way to pay bribes.

24 replies, 8293 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 24 replies Author Time Post
Reply Most Trump real estate now sold to secretive buyers (Original post)
Julian Englis Jun 14 OP
Rollo Jun 14 #1
Sunlei Jun 14 #4
spike91nz Jun 14 #2
Sunlei Jun 14 #3
no_hypocrisy Jun 14 #5
Achilleaze Jun 14 #6
FakeNoose Jun 14 #20
WinkyDink Jun 14 #7
paleotn Jun 14 #8
Dustlawyer Jun 15 #22
paleotn Jun 15 #24
DFW Jun 14 #9
not fooled Jun 14 #10
IronLionZion Jun 14 #11
gordianot Jun 14 #12
IronLionZion Jun 14 #13
Bernardo de La Paz Jun 14 #17
Bayard Jun 14 #14
lark Jun 14 #15
NewJeffCT Jun 14 #18
Bernardo de La Paz Jun 14 #16
Julian Englis Jun 14 #19
FakeNoose Jun 14 #21
Madam45for2923 Jun 15 #23

Response to Julian Englis (Original post)

Wed Jun 14, 2017, 12:19 AM

1. The Trump money-laundering machine is going into high drive...

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Rollo (Reply #1)

Wed Jun 14, 2017, 01:07 AM

4. top dollar for those NJ casinos all boarded up, a blight for years right on the old boardwalk.

still another right at the point, clear to see on google streetview, a beautiful building on the beach all boarded up.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 12:24 AM

2. Getting ready

to defect

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 01:04 AM

3. a real estate hoarder finally has to have family clean-up the mess of ruined boarded up properties

haha and the kids thought they'd be "advisers" to this president. Now they're cleaning up daddys mess of files while papa sits on his ass all day reading twitter, waiting for the next meal to be served by "male only"!! stewards.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 06:53 AM

5. Trumps could also be transferring their properties to themselves under

anonymity, not just selling them to unrelated parties.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 07:04 AM

6. freaking russian mob OWNS the republican Draft Dodger in Chief

and this is the freaking darkside slimeball grifter republicans hold up as their family values role model?

Sad.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Achilleaze (Reply #6)

Wed Jun 14, 2017, 09:43 PM

20. Yes - this is how Cheeto got his under-the-table campaign funds

...most of it was from Putin and the Russian mobsters.


Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 07:54 AM

7. I hear their names are Plutin and Krislayev. They're probably buying from Kushner, too.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 09:33 AM

8. And a good way to launder money.

And to circumvent sanctions.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to paleotn (Reply #8)

Thu Jun 15, 2017, 08:21 AM

22. Realestate is one of the best ways to buy influence on our politicans.

I believe Rick Perry benefitted from this. Donor sells expensive property for cheap to politician and a year later buys it back through another entity for way more than it is worth.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Dustlawyer (Reply #22)

Thu Jun 15, 2017, 01:39 PM

24. Exactly...

that particular dodge is as old as the hills.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 10:16 AM

9. Rumors about the identity of the buyer point to......

The Trompov Real estate company of St. Petersburg and the Trompinski holding company of Moscow.

Any resemblance to any other enterprise, Russian or American, is purely coincidental, and the Secretary will deny any insinuation to the contrary, not to mention that it could lead to your involuntary participation in softball game practice.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 11:04 AM

10. Legalized bribery

A convenient means for anyone who wants to curry favor with dump to secretively funnel millions into his little paws. And we know how well his sons are abiding by the ethics rules so as not to disclose ongoing activity at his businesses

So, looks like we have an unfettered channel for bribery of a sitting American president. Great, just great.



Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 11:14 AM

11. Liberals are so out of touch with middle class working people



If you work hard enough, you too can buy and sell luxury penthouses to obscure shell corporations. Learn all about it at Trump University.



Reply to this post

Back to top Alert abuse Link here Permalink


Response to IronLionZion (Reply #11)

Wed Jun 14, 2017, 11:28 AM

12. The decore is definitely early 90's Saddam.

With much megalomaniac narcissistic gold.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to gordianot (Reply #12)

Wed Jun 14, 2017, 12:40 PM

13. Saddam just wanted to make Iraq great again

Reply to this post

Back to top Alert abuse Link here Permalink


Response to gordianot (Reply #12)

Wed Jun 14, 2017, 01:48 PM

17. tRump is example of what gives noveau riche a bad name: too many (not all) are tasteless. . nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 12:56 PM

14. Wink wink nudge nudge say no more

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 01:10 PM

15. Could be money laundering for Russia?

Drumpf is known for that.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to lark (Reply #15)

Wed Jun 14, 2017, 06:32 PM

18. Yep

a property worth $1 million sold to a mysterious buyer A for $25 million... or, more likely, a $5 million property with $6 million in debt sold for $10 million to mysterious buyer B

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 01:47 PM

16. Let's have Mueller get to the bottom of the secret numbered companies.


And then when Democrats win control of the government an agenda item must be to follow the UK lead to make corporations transparent so that shady dealers can't hide behind a maze of numbered corporations.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Wed Jun 14, 2017, 09:27 PM

19. This may explain why Mueller is hiring a money expert.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Reply #19)

Wed Jun 14, 2017, 09:45 PM

21. Yep - they already know where to look

It's all gonna be over so fast!




Reply to this post

Back to top Alert abuse Link here Permalink


Response to Julian Englis (Original post)

Thu Jun 15, 2017, 09:52 AM

23. Oh wow!

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread