Senate intelligence committee has requested documents on Trump from Treasury's money laundering unit

[Phokus]

https://twitter.com/KenDilanianNBC/status/862297830920159234

The timing on Comey's firing makes more and more sense.

 

[sandorski]

The plot thickens.

 

[Hayabusa Rider]

I'm not sure I understand how this works. What would the legal justification be for such an action? Because some guy is the biggest dick to hold office isn't a legal issue. What's going on?

 

[[DHT]Osiris]

I'm not sure I understand how this works. What would the legal justification be for such an action? Because some guy is the biggest dick to hold office isn't a legal issue. What's going on?

In all likelihood there's more information 'behind the veil' at the moment that we're not privy to.

 

[fskimospy]

I'm not sure I understand how this works. What would the legal justification be for such an action? Because some guy is the biggest dick to hold office isn't a legal issue. What's going on?

Trump's properties, especially those in Atlantic City, were notorious for their involvement in money laundering. I wouldn't be entirely surprised if his properties were still involved in substantial money laundering, maybe involving ties to Russia/Russian organized crime/etc.

 

[MomentsofSanity]

Wasn't Trump's Taj Mahal hotel fined like $10 Million for money laundering a couple years ago? I'm assuming they want more details about all that.

Edit: https://www.fincen.gov/news/news-re...casino-resort-10-million-significant-and-long

WASHINGTON, DC – The Financial Crimes Enforcement Network (FinCEN) today imposed a $10 million civil money penalty against Trump Taj Mahal Casino Resort (Trump Taj Mahal), for willful and repeated violations of the Bank Secrecy Act (BSA). In addition to the civil money penalty, the casino is required to conduct periodic external audits to examine its anti-money laundering (AML) BSA compliance program and provide those audit reports to FinCEN and the casino’s Board of Directors.

Trump Taj Mahal, a casino in Atlantic City, New Jersey, admitted to several willful BSA violations, including violations of AML program requirements, reporting obligations, and recordkeeping requirements. Trump Taj Mahal has a long 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 Trump Taj Mahal for currency transaction reporting violations.

"Trump Taj Mahal received many warnings about its deficiencies," said FinCEN Director Jennifer Shasky Calvery. "Like all casinos in this country, Trump Taj Mahal has a duty to help protect our financial system from being exploited by criminals, terrorists, and other bad actors. Far from meeting these expectations, poor compliance practices, over many years, left the casino and our financial system unacceptably exposed."

 

[dank69]

Wasn't Trump's Taj Mahal hotel fined like $10 Million for money laundering a couple years ago? I'm assuming they want more details about all that.

Edit: https://www.fincen.gov/news/news-re...casino-resort-10-million-significant-and-long

Translation: We really didn't want to fine them and tried repeated warnings to get them to chill the fuck out and hide it better but they are so fucking blatant about their corruption we unfortunately were forced to slap their wrist.

 

[vi edit]

#trump #casino #laundering #fbi raid

I got a bingo!

https://www.bloomberg.com/news/arti...-office-of-saipan-casino-run-by-trump-protege

 

[interchange]

Can anyone explain anything that makes rational sense regarding Trump Tower Baku (http://www.newyorker.com/magazine/2017/03/13/donald-trumps-worst-deal)?

Hard to speculate what the Senate intelligence committee is after and whether the documents have anything to do with current or past activities.

 

[hal2kilo]

#trump #casino #laundering #fbi raid

I got a bingo!

https://www.bloomberg.com/news/arti...-office-of-saipan-casino-run-by-trump-protege

It's actually looks quite bi-partisan in the make-up of the company officers. OK - sometimes @Bothsidesdodoit.

 

[woolfe9998]

Trump's properties, especially those in Atlantic City, were notorious for their involvement in money laundering. I wouldn't be entirely surprised if his properties were still involved in substantial money laundering, maybe involving ties to Russia/Russian organized crime/etc.

Since the scope of the Senate investigation seems confined to the issue of Russia's election interference and possible collusion, I think it's likely to be tied to that rather than to any past money laundering which might be unrelated. Russian organized crime, Russian banks, and Russian oligarchs (essentially the legitimate face of Russian organized crime) are notorious for massive money laundering schemes across the globe. Some have been linked to western business men. I think the idea is that if Trump is connected to a Russian money laundering scheme, he could be compromised.