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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.
Please explain exactly how it's "copious, dense and entangling over-regulation."
These regulations exist for a reason (like, say, not having mobsters, drug dealers, and terrorists launder money through your business). If compliance is overly-burdensome, then please spell out exactly how. Otherwise you're just making a hollow excuse for Trump.
Uh huh. You go ahead and believe that 10 million fine was for just accidentally forgetting, despite the fact that they stated it was wilful, and ongoing.
I mean, sure theres a 1 in 100 chance it was all accidental and all. But there is also a 1 in 600 million chance that I am actually Donald Trump trolling you all.
Too funny, I smacked you down with the facts, and this is how you reply.
Don't outright lie, and I won't embarrassingly smack you down.
Quote:
Originally Posted by earthlyfather
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.
I will offer no defense of the casino for not being in compliance, but to say that there is a hyper-regulatory environment with the federal government, is an understatement.
they can be slapped with truth and undeniable facts across their trumpette's faces-- they still respond- la-la-la-la-la-
keep laughing------
well at least Trump is directly targeting them for abuse, so sorry for the good folks caught up by Trump's awful EOs and his willingness to sign anything put in front of him.
But i have to admit, the bad part of me laughs to see what trump is doing to his own supporters.
Everything Trump does hurts those on middle income and down and helps those in the top 1-10 percent.
which means 90% of people should be angry! but amazingly TRUMPERS seem to be happy that Trump is taking their money and giving it to Rich DEMOCRATS...and Rich Republicans....
I mean think about that. There are posters on this board, who LOVE Trump and he is taking money directly from them and handing it to me (a somewhat wealthy Democrat)
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.
Mr. Trump pulled off the biggest con job of the 21st Century.
Things that did get mentioned were simply brushed off, thinking about the Trump 'University' fraud lawsuits & the ever-mysterious & sacrosanct tax returns for two right off the bat.
Mass hysteria & the madness of crowds most likely contributed.
(He's been a 'person of interest' for FinCEN for decades, multiple investigations, he knows the drill.)
Quote:
Originally Posted by greywar
Look again. It was fined March 6th of 2015. Right before the runup to the election. Which is why I am surprised it wasn't brought up then.
Wow..so far:
He didn't own it! (He did)
This was 15 years ago! (Uhmmm...no about 14 months ago actually)
What next?
He has a complete meltdown & resigns citing health reasons, or, he continues to string the American people along by upping his con game, or, he's impeached & is exposed for the incompetent, untrustworthy, bs & con artist that he is.
Feds Crack Down on Money Laundering: Was or Will Trump Caught?
From a banking industry website:
"The federal government will continue investigating whether foreign buyers are using high-end U.S. real estate to launder money after an expanded investigation found that potentially illicit activity is behind as many as one in three cash purchases from foreign buyers in select markets.
Last year, the Treasury Department’s Financial Crimes Enforcement Network said it was “concerned about illicit money” being used to buy luxury real estate in Manhattan and Miami-Dade County, and planned to launch an investigation into the unknown buyers who used shell companies to hide their identities."
High-end Florida real estate? Shell companies? Hmm, who does that sound like?
Dmitry Rybolovlev bought a mansion from Trump for $95M, $13M more than the home's value. A huge red flag. Money launderers will often either buy expensive homes either way below market value or way above. Trump, his associates and the Russian wealthy elite represents all of the ingredients needed for a money laundering scam. Now we just need the special prosecutor to see if there's evidence they baked an illegal cake or not.
Last edited by Elliott_CA; 05-19-2017 at 10:27 AM..
"The federal government will continue investigating whether foreign buyers are using high-end U.S. real estate to launder money after an expanded investigation found that potentially illicit activity is behind as many as one in three cash purchases from foreign buyers in select markets.
Last year, the Treasury Department’s Financial Crimes Enforcement Network said it was “concerned about illicit money” being used to buy luxury real estate in Manhattan and Miami-Dade County, and planned to launch an investigation into the unknown buyers who used shell companies to hide their identities."
High-end Florida real estate? Shell companies? Hmm, who does that sound like?
Dmitry Rybolovlev bought a mansion from Trump for $95M, $13M more than the home's value. A huge red flag. Money launderers will often either buy expensive homes either way below market value or way above. Trump, his associates and the Russian wealthy elite represents all of the ingredients needed for a money laundering scam. Now we just need the special prosecutor to see if there's evidence they baked an illegal cake or not.
you maybe should find a job writing fairy tales. You have a very vivid imagination if nothing else.
you maybe should find a job writing fairy tales. You have a very vivid imagination if nothing else.
We'll see. Got special prosecutor? Check. Got grand juries? Check. Got subpoenas and indictments? Coming soon.
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for two right off the bat.
Feds Crack Down on Money Laundering: Was or Will Trump Caught?
