This journalistic deep-dive into Trump’s financial life from the 1970s to the present exposes his narcissistic-style of business that leaves victims ripped off, humiliated, or broke. Pulitzer prize winning journalists Susanne Craig and Russ Buettnerhave compiled factual evidence about Trump’s inheritance from his father, how he squandered it, went bankrupt six times, bought casinos in New Jersey that failed, and spent millions of dollars on failed, fraudulent business ventures.
He was an addictive over-spender, made bad business decisions, he and his investors lost massive amounts of money, and he recovered by filing bankruptcy and he lied about his worth to get new investors. In the book, “Lucky Loser” we learn: How Donald Trump Squandered His Father’s Fortune And Created The Illusion Of Success.”
TRUMP’S BUSINESS SCAMS THROUGH THE YEARS
Trump received the largest fine the federal government ever slapped on a casino for violating the Bank Secrecy Act., $477,000. His Taj Majal casino was fined over 106 times for breaking anti-money- laundering rules. He lied throughout the 70s and 80s about his wealth to attract investors He staged construction operations at his building sites in New Jersey to manipulate potential investors to invest. Aaa 3 Lied to Forbes Magazine about owning all the assets of his fathers businesses to get on their richest person’s list. Lied about his wealth to land the job on The Apprentice.
HOW IS TRUMP SCAMS HIS LATEST VICTIMS, HIS FOLLOWERS
Trump Media platform, Truth Social is a scam. Despite making no money, Trump is selling stock in it. He is selling products to his base to supposedly earn money for his campaign but using it to cover his legal bills His MAGAnomics tax cuts allowed billionaires to pay less taxes than the middle class. Lied to the public about the danger of COVID and his lies resulted in the worst labor market in modern US history. BEWARE OF HIS LATEST VENTURE: CRYPTO PROMISESHOW TRUMP PROFITED OFF OF THE PRESIDENCY
He made $160,000 million from foreign business dealings while president (Crew, May 13, 2023). Ignoring ethical precedent, Trump refused to divest himself from his businesses and profitted $2.4 billion dollars from Jan. 2017-2020.( Forbes, July 19, 2021). His profits violated the Emoluments Clause of the Constitution and despite these violations, he continued to stay involved in profiting from being president.
( The War Room, May 8, 2024). “Donald Trump is nothing but a con artist who has ripped off the American people time and time again, and this election is no different: Trump has hawked bootleg sneakers, peddled his own Bible, and pushed NFTs. As Trump continues to back a laughably out-of-touch MAGAnomics agenda that puts his ultra-wealthy friends ahead of hardworking families, Americans aren’t falling for the con job. Voters see right through Trump’s never-ending grifting and will reject his extreme and unpopular brand at the ballot box in November.”
THE GRIFTING IS BECOMING OBVIOUS. HIS CONSTANT HOCKING OF PRODUCTS INSTEAD OF DEVELOPING POLICIES, NOT “CONCEPTS” TO HELP THE MIDDLE CLASS.
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