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The Trumps: A Family Of Crooks
2 months ago  ::  Oct 17, 2018 - 8:04AM #1
MajorYankFan
Posts: 30,107

Damning report shows how the Trump family lies to investors — and then walks away with fistfuls of cash


massive new investigation by Pro Publica reveals President Donald Trump and his children engage in systematic deceit to lure investors to its building projects — and then still walks away with fistfuls of cash even when the projects collapse.

Image result for trump a mob boss
2 months ago  ::  Oct 17, 2018 - 10:02AM #2
yankoldfan
Posts: 5,146

Oct 17, 2018 -- 8:04AM, MajorYankFan wrote:


Damning report shows how the Trump family lies to investors — and then walks away with fistfuls of cash


massive new investigation by Pro Publica reveals President Donald Trump and his children engage in systematic deceit to lure investors to its building projects — and then still walks away with fistfuls of cash even when the projects collapse.




The cons knew this coming in, they got what they wanted, rich white men keep getting their agenda pushed through by a rich white POTUS, we win again they keep saying, the hell with the rest of the country...

2 months ago  ::  Oct 17, 2018 - 10:16AM #3
meacham
Posts: 3,322
2 months ago  ::  Oct 17, 2018 - 10:22AM #4
yankoldfan
Posts: 5,146

Oct 17, 2018 -- 10:16AM, meacham wrote:


www.youtube.com/watch?v=kg4gQtro1qI




Still struggling in that 3rd grade meachum...

2 months ago  ::  Oct 17, 2018 - 10:30AM #5
meacham
Posts: 3,322

Go read Clinton Cash if you want to read about people who steal from America and other countries.


This is another nothing burger, as usual.

2 months ago  ::  Oct 17, 2018 - 11:39AM #6
MajorYankFan
Posts: 30,107

Go read Clinton Cash if you want to waste your money to read more right-wing fairy tales.


Image result for republican fairy tales


2 months ago  ::  Oct 17, 2018 - 1:10PM #7
MajorYankFan
Posts: 30,107

FBI investigating whether Manhattan DA who refused to prosecute Ivanka and Donald Jr took bribes: report


The Manhattan district attorney’s office is being investigated for closing cases against the wealthy and powerful after getting big campaign donations, the New York Daily News reports.


According to the report, the FBI is looking at whether Cy Vance Jr. and his staff dropped high-profile cases after “lawyers for the well-connected subjects made donations.”

2 months ago  ::  Oct 17, 2018 - 3:32PM #8
bertram
Posts: 5,345

What new embarrassments for America are the Trumps gonna bring us next?

2 months ago  ::  Oct 17, 2018 - 5:48PM #9
yankoldfan
Posts: 5,146

Oct 17, 2018 -- 3:32PM, bertram wrote:


What new embarrassments for America are the Trumps gonna bring us next?




I have a sneaking suspicion the shell hasn't even been cracked yet ??

2 months ago  ::  Oct 18, 2018 - 9:05AM #10
MajorYankFan
Posts: 30,107

Here are all the Trump projects where Ivanka and her dad misled real estate buyers


A pattern of deception ran through the Trumps’ real estate deals since the mid-2000s. Not only were the Trumps more than the mere licensors they claimed to be, extracting millions in fees from nearly every facet of these projects, but they often misled buyers and investors on key information — such as the level of sales and the Trumps’ role and investment in the deals. (Read our full investigation.) The Trump Organization did not respond to our questions, and the White House didn’t have a comment.




Projects Where a Trump Family Member Overstated Sales Numbers


DOMINICAN REPUBLIC


Claim: Donald Trump claimed $365 million in sales in a 2007 letter to The Wall Street Journal.



Reality: Trump reported $290 million in a 2009 project audit.



Result: Never built.



FORT LAUDERDALE


Claim: Trump announced the hotel/condo was “pretty much sold out” in April 2006, according to a broker who attended the presentation.



Reality: 62 percent of units were sold as of July 2006, according to bank records that emerged in a court case.



Result: Entered foreclosure. Trump’s name removed before construction completed.



LAS VEGAS


Claim: Condos “sold out,” Trump told The Associated Press in 2005



Reality: About 25 percent of units were sold by 2011, according to press accounts.



Result: Built.



PANAMA


Claim: “It’s a 1,000-unit building, we’ve sold over 90 percent of it,” Ivanka told Portfolioin 2008.



Reality: As of three months later, 79 percent of the units were pre-sold, according to Moody’s.



Result: Built, but went bankrupt; Trump name removed.



SOHO


Claim: In 2008, Ivanka told reporters that 60 percent of units had sold.



Reality:A Trump partner’s affidavit revealed that 15 percent had been sold at the time.



Result: Built, but went bankrupt; Trump name removed.



TAMPA


Claim: The building “sold out,” Trump told The Wall Street Journal in 2007.



Reality: The developers failed to sell a minimum of 70 percent of units, according to a Trump company letter that year, which deemed that a violation of its contract.



Result: Never built.



TORONTO


Claim: In a 2009 interview, Ivanka referred to the property as “virtually sold out.”



Reality: 24.8 percent of units had sold, according to a 2016 bankruptcy filing by the developers.



Result: Built, but went bankrupt; Trump name removed.



Projects Where the Trumps Suggested They Were Developers, Partners or Equity Owners (They Weren’t)


BAJA


More than 50 buyers claimed Ivanka said the Trump Organization was a developer on the project at a 2007 sales event, according to a lawsuit quoted by Univision.



DOMINICAN REPUBLIC


“I am excited to be building Trump at Cap Cana,” Trump was quoted saying in a 2007 press release, according to Univision.



FORT LAUDERDALE


Trump called the hotel and tower “my latest development” in a letter announcing the project.



REPUBLIC OF GEORGIA


“TRUMP INVESTS IN GEORGIA” read banners for the project, according to The New Yorker. Asked by a Fox anchor what he was “investing in,” Trump responded, “I’m doing a big development” in Georgia.



PANAMA


“I am honored to develop this extraordinary high rise with my partner Roger Khafif of the K Group,” Trump said in a 2009 marketing statement.



TAMPA


Trump claimed an ownership stake in a news article at the time, stating it was less than 50 percent, then adding: “But it’s a substantial stake. I recently said I’d like to increase my stake but when they’re selling that well they don’t let you do that.”



WAIKIKI


In the final episode of season five of “The Apprentice,” Trump announced the project on national TV, saying “that’s why I’m building the magnificent Trump Hotel and Tower Waikiki.” In 2007, he told The Wall Street Journal: “This building is largely owned by me and being developed by me.”

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