Oh, man is the financial house of cards toppling to the ground at an alarming rate of speed. Daily Beast is reporting that “A court-ordered financial auditor has caught Donald Trump quietly moving $40 million from the Trump Organization into a personal bank account—seemingly so the former president could pay his whopping $29 million tax bill.” This is hysterical. He’s literally borrowing from Peter to pay Paul. The mismanagement of the Trump Organization and of the Trump family finances in general is vastly worse than anybody has thought up to now.

The reason Trump is in politics right now is because it’s his only source of income. He’s broke. He can’t pay a $29 million tax bill even though he’s supposedly a billionaire. Does anybody know WTF is really going on with the Trump family? Let’s go ask Mary Trump. She has a great handle on these things.

Why is this so bad for him? [moving the $40 million] Because the court, specifically ordered Donald NOT to shift his assets around—just as if he were a MOB boss.

“Trump isn’t supposed to be moving any money around without alerting Barbara S. Jones, a former federal judge in New York tasked with babysitting the Trump Organization for its relentlessly shady business practices. But on Wednesday, she notified a New York state court about some major bank transfers that were never brought to her attention by the Trumps.

If this were ANY other ex-president in modern history, this would not have been ignored by corporate media. But Donald is so egregious, so vile in his transgressions, that his alleged defiance of the court order is just par for the course.

But I won’t give him a free pass. Everyone should know about this—and no prosecutor should ignore it.

What now?

Letitia James has been made aware of the transfers…The court has been notified.

It’s time for them to drop the hammer on my uncle, and it’s time for America to break out the 🍿.

Back to Daily Beast.

[Barbara S.] Jones [former federal judge and Trump Organization babysitter] described the way she discovered the Trump family company once again breaking the rules during an audit of its finances in recent months. In the run-up to the ongoing bank fraud trial that threatens to vaporize the real estate company and boot the Trumps from the business world, Justice Arthur F. Engoron ordered the company to not start shifting around funds to avoid paying what’s becoming an increasingly threatening massive penalty.

That meant the Trumps had to notify Jones anytime they moved more than $5 million out of the billionaire’s massive trust. Except they didn’t.

Jones said she and her team recently spotted unusual activity when reviewing 10 months of bank statements from 12 separate accounts belonging to the Donald J. Trump Revocable Trust. They found that Trump had pulled out $40 million in “three cash transfers” without ever notifying her.

She asked about it and got answers.

“These transactions included a cash transfer of $29 million to Donald J. Trump, which I have confirmed was used for tax payments,” she wrote.

And the rest went to legal bills and to pay off E. Jean Carroll. Oh well. Donald better hit the campaign trail and hit it hard. He’s going to have to get that small dollar spigot flowing and he’s going to have to sew up some big donor money.

We’re going to see Trump’s last stand and democracy’s last stand in 2024. What a shitshow. Written and produced by Satan, directed by the Republican party.

What will be good is when the State of New York throws the book at Trump and he is massively fined. What will be bad is that New York will get stiffed because Trump doesn’t have any money — but if they can just shut down his ability to do business in that state and get rid of him, then the taxpayers have gotten their money’s worth, absolutely.

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7 COMMENTS

  1. the court should be able to seize and sell assets to satisfy the judgement.
    Now, did he actually use the money to pay the taxes? were those personal or business taxes? and did Carroll actually get her money yet?

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