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Corruption Crime Elections Money

Prosecutors In New York Believe Ivanka Trump Skimmed Millions From The 2016 Inaugural Fund

In 2019, prosecutors with the Southern District of New York (SDNY) opened up a new front in the investigation of criminal acts by the Trump 2016 campaign and the president himself, sending a sweeping subpoena to the Trump inaugural committee that includes charges of money laundering and fraud. The subpoena reads like something that would normally be served on a mafia boss.

But there was especially bad news in that subpoena for Ivanka Trump, who currently works as a White House adviser and is reportedly her daddy’s favorite child.


ProPublica has learned that one of the main points of interest for prosecutors is the rate charged by Trump properties that rented space for the inaugural:

“A spokesman confirmed that the nonprofit 58th Presidential Inaugural Committee paid the Trump International Hotel a rate of $175,000 per day for event space — in spite of internal objections at the time that the rate was far too high. If the committee is deemed by auditors or prosecutors to have paid an above-market rate, that could violate tax laws prohibiting self-dealing, according to experts.”


Who negotiated the contracts and set the rates with the inaugural committee? None other than Ivanka Trump, as ProPublica first reported back in December:

“During the planning, Ivanka Trump, the president-elect’s eldest daughter and a senior executive with the Trump Organization, was involved in negotiating the price the hotel charged the 58th Presidential Inaugural Committee for venue rentals.”

That kind of inside dealing is also referred to as skimming.


Brett Kappel, an attorney at Akerman LLP who advises nonprofits, noted that it appears tax laws were violated by Ivanka Trump and others inside the inaugural committee:

“Tax law bars nonprofits such as the inaugural committee from insider deals that would unduly benefit people — in this case the Trump family — that have influence over the nonprofit, Kappel said. In legal parlance, these are known as excess benefit transactions. A key question would be whether the Trump hotel charged the inaugural committee above-market rates, which could violate tax rules, Kappel said. If an IRS audit found such a civil violation, the inaugural committee would have to pay taxes on the amount of money it overpaid.

“It could become a criminal violation, Kappel said, if investigators uncover evidence that people knew that charging above-market rates to enrich the Trump Organization was illegal and did it anyway.”

There are also reports that the attorneys general for both New York and Washington, D.C., are also looking at possible financial crimes committed by Ivanka as part of the 2016 inaugural.

It appears that Ivanka’s willingness to help her father engage in grifting on a massive scale now has her at the center of a scandal that could well lead to her being charged with tax violations and financial fraud.

No wonder Ivanka’s always been daddy’s favorite — She’s just as crooked as he is.

Categories
Corruption Crime

REVEALED: This Is The Investigation That Has Donald Trump Absolutely Terrified

Even though it got the most attention, the investigation conducted by Special Counsel Robert Mueller was never the one that strikes the most fear into Donald Trump, if only because he knew he’d be able to deny he’d had any meetings or discussed any incriminating information with the people who wound up being indicted or pleading guilty in the Mueller probe.


But there’s still a proverbial sword of Damocles hanging over Trump’s entire presidency, and it’s the one that even those who support Trump freely admit could wind up leading to him being indicted, impeached, and placed in prison for a very long time.

The investigation in question is being conducted by prosecutors working for the U.S. Attorney’s office in the Southern District of New York (SDNY), and it involves the Trump Organization, which is owned and controlled by the president and his three eldest children, Don Jr., Ivanka, and Eric.


Trump’s former attorney, Michael Cohen, is in federal prison, but he’s been cooperating with the SDNY for months now and has plenty of documents, tapes, and other evidence that are invaluable in any criminal probe.

Also, the crimes being looked at by SDNY are of a financial nature, and money transactions leave trails, no matter how diligently you try to hide them. So if Trump or his company ever laundered money for members of the Russian mafia or Russian oligarchs, there will be records of that. As author Craig Unger recently explained in an interview he gave in connection with his eye-opening book House of Trump, House of Putin:

“I think all of this began as a money-laundering operation with the Russian mafia. It’s well known that Trump likes doing business with gangsters, in part because they pay top dollar and loan money when traditional banks won’t, so it was a win-win for both sides.

Trump was working with the Russian mafia for more than 30 years. He was profiting from them. They rescued him. They bailed him out. They took him from being $4 billion in debt to becoming a multibillionaire again, and they fueled his political ambitions, starting more than 30 years ago. This means Trump was in bed with the Kremlin as well, whether he knew it or not.”


That’s the Russia connection: MONEY! And Trump is all about money. He may well be the greediest man on the face of the planet, and if he could only save his business by taking dirty money from Russian gangsters, he would have done so in a heartbeat.

Yes, we do indeed still deserve to see the entire Mueller report and hear testimony from Robert Mueller. But it’s the SDNY that’s got Trump’s full attention, and he knows they have the goods on him.

Tick tock, Donnie Traitor. Tick tock