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‘Something smells’: Tax crime investigator suspects Trump campaign laundering money through Mar-A-Lago

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President Donald Trump’s re-election campaign appears to be laundering payments through Mar-A-Lago, according to a veteran tax fraud investigator.

The Washington Post’s David Fahrenthold tweeted out evidence that the Trump campaign pumped $380,000 into the president’s private property in 43 separate payments for an early March “donor retreat,” broken into payments just under the Treasury Department’s reporting requirement for receipt of cash payments, reported The Daily Beast.

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“The Trump Organization’s record of the payment raises many questions I’m familiar with from my 30-year career as an investigator at the IRS,” wrote retired tax crimes investigator Martin Sheil. “Is the $380,000 income? If so, what was delivered in exchange for it? Were these payments for past services rendered or for future expected returns? Who were the donors? Why didn’t the Trump Organization just report the entire $380,000 in total? Why break that down into separate transactions? Why was each payment identically described as ‘Facility Rental/ Catering Services’? Is something being disguised here?”

The payments each fall just below the reporting requirement for receipt of cash payments in a trade or business to the Financial Crimes Enforcement Network, which the Trump Organization insisted was necessary because Mar-A-Lago cannot process credit card transactions of more than $10,000.

“There are criminal penalties for structuring, or breaking a bigger payment into small chunks to evade reporting requirements, including a statutory maximum prison sentence of up to five years and/or a monetary fine of up to $250,000,” Sheil wrote, adding that the evidence he’s seen suggests the possibility of money laundering, as well.

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Prosecutors aren’t required to prove a defendant knew structuring is illegal, but instead must only prove they knew the relevant reporting requirements, Sheil wrote, and the Trump Organization’s prior history of suspect conduct could count against the president.

“FinCEN imposed a $10 million civil penalty against the Trump Taj Mahal Casino Resort on March 6, 2015, for willful and repeated violations of the BSA,” Sheil wrote. “The Taj has a history of prior, repeated BSA violations cited by examiners dating back to 2003. Additionally, in 1998, FinCEN assessed a $477,700 civil money penalty against the Taj for currency transaction reporting violations.”

The president was in charge of Trump Organization and the Trump casinos at the time those penalties were imposed, and the company’s chief financial officer, Allen Weisselberg, has worked there for more than 30 years.

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“Something smells in Mar-a-Lago,” Sheil wrote, “and there certainly exists enough smoke here to justify a thorough search for the fire.”


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‘Friday Night Massacre’ at US Postal Service as Postmaster General—a major Trump donor—ousts top officials

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Government watchdogs, Democratic lawmakers, and pro-democracy advocates declared it a "Friday Night Massacre" for the U.S. Postal Service after news broke in a classic end-of-the-week dump that Louis DeJoy—a major GOP donor to President Donald Trump and the recently appointed Postmaster General—had issued a sweeping overhaul of the agency, including the ouster of top executives from key posts and the reshuffling of more than two dozen other officials and operational managers.

According to the Washington Post:

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‘Gullible’ Trump administration paid up to $500 million too much for these ventilators: investigators

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Citing “evidence of fraud, waste, and abuse,” a congressional subcommittee investigating the federal government’s purchase of $646.7 million worth of Philips ventilators has asked the U.S. Department of Health and Human Services Office of Inspector General to launch its own investigation of the deal.

The House subcommittee launched its review after ProPublica stories in March and April showed how a U.S. subsidiary of Royal Philips N.V. received millions in federal tax dollars years ago to develop a low-cost ventilator for pandemics but didn’t deliver it. Instead, as the coronavirus began spreading around the globe and U.S. hospitals were desperate for more, Philips was selling commercial versions of the government-funded ventilator overseas from its Pennsylvania factory. Then in April, despite having not fulfilled the initial contract, the Dutch company struck a much more lucrative deal to sell the government 43,000 ventilators for four times the price.

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Pastor slams Trump for lying about a ‘dystopian dreamscape’ if Biden wins: ‘Pandering to the worst level’

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As President Donald Trump loses ground with evangelicals realizing he's not actually a Christian, the right-wing has scrambled with the only strategy they have: try to claim Joe Biden, a devout Catholic, is somehow not a Christian.

"Nobody ever would ever even think possible because he's following the radical left agenda," said Trump in Ohio. "Take away your guns. Destroy your Second Amendment. No religion, no anything. Hurt the Bible. Hurt God. He's against God."

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