politics @lemmy.worldEnglish · 1 year ago

Trump Caught Moving Money Around to Pay Massive Tax Bill

www.thedailybeast.com

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Trump Caught Moving Money Around to Pay Massive Tax Bill

www.thedailybeast.com

spaceghoti@lemmy.one to

politics @lemmy.worldEnglish · 1 year ago

Trump wasn't supposed to be moving significant amounts of money around without notifying a court-appointed auditor. He just got caught paying himself so he could pay his taxes.

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.

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.

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hansl@lemmy.world
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1 year ago
That’s a lot, but for some reason I still fell like it’s low, considering the organization is probably worth billions… or did I get the valuation wrong?
- Dkarma@lemmy.world
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  Funny thing but that’s what the case centered around in the first place.

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