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Trump tried to defraud his truth social business partners

The madness is that even at $5 a share, Trump can make a lot of money... if he can off load the shares. The one trouble is with him being the direct owner of the shares, he can't easily sell them without people noticing. Worse, this is almost like a meme stock such as Gamestop in that fair trade value can be made impossible because most of the shares are held internally. So if there aren't enough shares to buy/sell, the price can stagnate, and Trump might be able to sell here, sell there... laundering all sorts of money.
That's assuming a fair market trade. I suspect we will see private deals for his shares as a form of covert payoff.
It's the perfect cover for a crooked deal: selling the shares in a private sale at the current stock price (preventing the stock from crashing)
 
The madness is that even at $5 a share, Trump can make a lot of money... if he can off load the shares. The one trouble is with him being the direct owner of the shares, he can't easily sell them without people noticing. Worse, this is almost like a meme stock such as Gamestop in that fair trade value can be made impossible because most of the shares are held internally. So if there aren't enough shares to buy/sell, the price can stagnate, and Trump might be able to sell here, sell there... laundering all sorts of money.
That's assuming a fair market trade. I suspect we will see private deals for his shares as a form of covert payoff.
It's the perfect cover for a crooked deal: selling the shares in a private sale at the current stock price (preventing the stock from crashing)
Yup, and we have other examples of them using misvalued private transactions as a way of moving money.
 
The madness is that even at $5 a share, Trump can make a lot of money... if he can off load the shares. The one trouble is with him being the direct owner of the shares, he can't easily sell them without people noticing. Worse, this is almost like a meme stock such as Gamestop in that fair trade value can be made impossible because most of the shares are held internally. So if there aren't enough shares to buy/sell, the price can stagnate, and Trump might be able to sell here, sell there... laundering all sorts of money.
That's assuming a fair market trade. I suspect we will see private deals for his shares as a form of covert payoff.
It's the perfect cover for a crooked deal: selling the shares in a private sale at the current stock price (preventing the stock from crashing)
Nobody doing business with Trump, at this point, is unaware of what they are getting into. They all have reasons for doing it that aren't about making money directly.
Tom
 
They all have reasons for doing it that aren't about making money directly.
Payola is ALWAYS about making money “indirectly” (aka money laundering).
Trump has simply opened the world’s largest laundromat.
 
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