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Anonymous buyers account for 70 percent of Trump real estate sales since he won GOP nomination: report

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According to a USA Today investigation, the majority of properties sold by President Donald Trump since he won the Republican National Convention last summer have been purchased by “secretive shell companies” that appear set up to “obscure the buyers’ identities.”

The report found that “over the last 12 months, about 70 percent of buyers of Trump properties were limited liability companies – corporate entities that allow people to purchase property without revealing all of the owners’ names.”

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“That compares with about 4 percent of buyers in the two years before,” the report continued.

USA Today’s six-month-long investigation rifled through every property owned by Trump and his various companies, and in turn documented each buyer during that time period. The investigation also found that “Trump’s companies owned more than 430 individual properties worth well over $250 million.”

Since he was elected, the report continues, Trump and his companies have sold 28 American properties for a total of $33 million, and the rest of his companies’ properties are valued at more than a quarter-billion dollars.

Although Trump’s sons operate the trust where the profits from those sales go, the report noted that “the president is the sole beneficiary of the trust and can withdraw cash any time.”

Some Democratic members of Congress have expressed concerns about Trump’s business dealings, in part because “the secretive sales create an extraordinary and unprecedented potential for people, corporations or foreign interests to try to influence a president.”

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“Anyone who wanted to court favor with the president,” the report continued, “could snap up multiple properties or purposefully overpay, without revealing their identity publicly.”

Trump was not legally required to disclose the real estate trust from these sales, the report noted.

“The clear post-nomination shift since last year to more shell-company purchases is unique to sales by Trump’s companies, even in his own towers and neighborhoods,” it concluded.

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Read the entire report on the secretive LLCs shielding buyers of Trump properties via USA Today.

 

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Trump fumes over Roger Stone’s conviction — and demands to know when Mueller and ‘Shifty Schiff’ get prosecuted

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President Donald Trump reacted to Roger Stone's guilty verdict by threatening to jail at least 12 of his political opponents.

His longtime associate was convicted on seven counts, including lying to Congress, on charges brought by special counsel Robert Mueller as part of the investigation of Russian election interference.

"So they now convict Roger Stone of lying and want to jail him for many years to come," Trump tweeted. "Well, what about Crooked Hillary, Comey, Strzok, Page, McCabe, Brennan, Clapper, Shifty Schiff, Ohr & Nellie, Steele & all of the others, including even Mueller himself? Didn’t they lie?"

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Roger Stone convicted on all seven counts on charges filed in Mueller probe

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Roger Stone was convicted Friday on multiple counts on charges brought by special counsel Robert Mueller.

The longtime associate of President Donald Trump was convicted on all seven counts.

He was charged with lying to Congress, obstruction of Congress, witness tampering and other crimes.

Stone was the nexus between the Trump campaign and WikiLeaks coordinating the release of emails stolen from the Democratic National Committee and Hillary Clinton's campaign chairman by Russian hackers, according to investigators.

He potentially faces up to 50 years in prison under the statutes, but most likely will be sentenced to far less.

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Fox News’ Chris Wallace: ‘If you are not moved by the testimony of Marie Yovanovitch today, you don’t have a pulse’

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During a break in the testimony of former United States ambassador to Ukraine Marie Yovanovitch before a House committee holding impeachment hearings on Donald Trump, Fox News host Chris Wallace praised her poise and devastating testimony, saying viewers should be "moved" by her story.

As the House hearing chamber emptied of lawmakers, Wallace was effusive in his praise.

"I think if you are not moved, and we will have to watch what happens in the cross-examination, but if you were not moved by the testimony of Marie Yovanovitch, you don't have a pulse," he said.

"This is a woman who had served in posts for presidents of both parties for more than 30 years," he added. "Hardship posts, places like Somalia, Tashkent, and she tells a story of being a leading fighter against corruption," before he provided more details about her stellar career and noting the president had her summarily fired by a new Trump hire.

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