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How did this not get mentioned at all? I checked to make sure Trump owned it, and not just branded, and yup. He owned it.
Not surprising. There is likely more of this sort of thing than we know.
Quote:
Originally Posted by Catgirl64
It's my personal belief that very little about Trump was adequately discussed during the election. Unfortunately, no one took him seriously enough to properly vet him until it was too late.
Yes, I've wondered why candidates would not be thoroughly checked out prior to any serious point in the process. I will bet that will now be changed.
Yes I did watch. The media was all over Trump and candidates attacked him. All because he was the front runner. Never punch down.
And you did not see how much he verbally attacked others?? Once again, it appears his fans block out anything HE does. (Y'know, it would not have even become that sort of competition, if HE had not been involved and initiated being so bullying and childish).
Now here is a interesting factoid to add to those stating that there was no money laundering going on.
Semion "The Brainy Don" Mogilevich in 1992 dispatched Vyacheslav "Little Japanese" Inakov to New York after he finished some time in a Russian jail. (Who gives these guys these nicknames?)
Short version-these are both Russian mobsters. Now Vyacheslavwas arrested here in the states, and charged with extorting 2.7 million. Along with a fairly large host of other crimes. He appears to have been sent here to ...drum roll...launder money.
And he made frequent trips to the Taj Mahal casino in Atlantic City, playing for high stakes with cash, until a local newspaper reported his visits in 1993.
So. Known Russian mob guy playing high stakes at the Taj....with cash. Where the anti-money laundering controls were...shall we say...effectively non-existent. Yeah NOTHING suspicious there.
More recent news articles state that he also resided at Trump tower for a while. He was later assassinated with a sniper rifle in Russia.
But it was brought up.. But his rabid followers didn't give a care~~ So Trump's knowing this, pronounces his take on it all.." I could Shot someone on 5th Avenue and not lose a supporter" So, those who somehow overlooked his lifetime historical history of bilking those who couldn't fight back because of lack of BIG bucks!
I for the life of me cannot contemplate just HOW common sense folks could vote for this Shyster???? But they did.. So American's are now dealing with the fallout!! Sure you will get denials, fake news claims, BUT anyone with any knowledge of Constitutional Laws and how "Checks and Balances" are suppose to put a stop to such deceit thats been going on! GOP Majority Government will surely be held accountable. Their actions will indeed speak volumes to why there's opinions negative against them.
... Sorry.. I have no respect for anyone who votes against their own interests, JUST BECAUSE OF THE LETTER in front of their name! It's not a wonder, progress and fairness hasn't moved forward but instead moved BACKWARDS!!
This is less an indictment on Trump's Taj Mahal Casino record keeping and more on the difficulty of the hyper-regulatory environment the federal government has created. Note I am not criticizing any particular administration, but rather the virulent regulatory environment created by the federal government in general. Sarbanes-Oxley (G.W. Bush administration) and Dodd Frank (B.H. Obama administration) are two laws that added to the cost of doing business, restrained liberty and were immediate petrie dishes of violation(s).
Seems good old American icon Western Union got caught up in the same AML record-keeping law breaking as President Trump's casino. Nothing out of the ordinary here.
Quote:
The Western Union Company (Western Union), a global money services business headquartered in Englewood, Colorado, has agreed to forfeit $586 million and enter into agreements with the Federal Trade Commission, the Justice Department, and the U.S. Attorneys’ Offices of the Middle District of Pennsylvania, the Central District of California, the Eastern District of Pennsylvania and the Southern District of Florida. In its agreement with the Justice Department, Western Union admits to criminal violations including willfully failing to maintain an effective anti-money laundering program and aiding and abetting wire fraud.
Not out of the ordinary. Also, it points out the regulatory quagmire the federal government has and continues to create with its overreach of laws and consequent law by regulation.
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Originally Posted by Steve McDonald
What that tells you, is how corrupt large corporations can be.
Absolutely, positively. This was about not keeping adequate records of the gamblers who frequented the Taj, as pointed out with my Western Union post. The AML law is really about copious, dense and entangling over-regulation.
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Originally Posted by stburr91
As usual, the thread title is a lie.
Trump's casino was not money laundering, but let's not let the facts get in the way of your hatred from Trump.
Guys, Trump does not own everything that has his name on it. No problem with you bashing Trump but at least get the facts straight so you don't continuously show up as factually challenged.
Trump has done some deals that has raised eye brows, no doubt, and I get that you don't like him, but I don't think anybody on this thread runs in those high deal circles to where we can post that he is a corrupt criminal. Did he push the mega deal envelope? Absolutely.
Trump hasn't owned that casino or Trump Entertainment Resorts for many years, so this thread has yet another misleading title. The Trumps sued to have their name removed from the casino in 2014 because Trump Entertainment Resorts had allowed it to fall into disrepair and harmed the Trump personal brand. The owner vowed to fix it so they struck a deal. Trump gets a small royalty for the use of his name from many entities.
For example: on another Forbes article I read some time ago when Trump announced his candidacy, the Trump name is on 17 properties in New York, but he only owns or owned at the time of the article 5 of them.
When a business violates some law, depending on the law they violate, they have a chance to get it fixed. They apparently did that early on. Trump built casinos in Atlantic City in its glory days. Those days are gone for Atlantic City and have been gone, and apparently Trump knew when to fold 'em and got out.
The "money laundering" findings on a casino that Trump had now owned for many years apparently did not rise to the criminal level or the owners would be in jail or at least criminally investigated/charged.
The second article shows Atlantic City's down turn since 2008.
When the first meme fails from lack of real evidence, extend it by going down another innuendo-laden, psst, "Did you hear about..." road. The gullible will fall for it.
Here, I'll save you the trouble of typing a snarky reply.
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Originally Posted by moneill
3, 2, 1....Ha, ha, that's the Trumpets to a T.
Quote:
Originally Posted by moneill
The point is -- he has no integrity -- he would sell his soul to the devil for a $$$$......and that is not who should be serving us as President.
The fact that Trump chose to keep his name on the hotel for a price.....shows how shallow, immoral and tacky he is.
That says it all.
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Once again, it appears his fans block out anything HE does. (Y'know, it would not have even become that sort of competition, if HE had not been involved and initiated being so bullying and childish).
