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Special monitor suggests Trump falsified disclosures over $48 million loan in what could be tax evasion, report says (www.businessinsider.com)

submitted 7 months ago by [email protected] to c/[email protected]

29 comments fedilink hide all child comments

A court-appointed monitor in Trump's fraud case said his company filed disclosures with "errors."
Tucked in a footnote is also an indication he may have committed tax fraud, per The Daily Beast.
The letter indicates Trump may have lied about the existence of a $48 million loan.

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[–] [email protected] 58 points 7 months ago (3 children)

... And does it actually get enforced by the justice system?

So far the only actual repercussions have come from civil suits, not anything from the DOJ. Between timid leaders, corrupt judges, and infinite appeals you can do anything once your wealth untethers you from the rule of law. Become and oligarch and you're able to do whatever you like as long as you don't hurt the money and power of other rich people. The nation writ large can go hang.

[–] [email protected] 20 points 7 months ago

Haven't we all heard this growing up: "If you don't punish them, they'll just keep doing it."

[–] [email protected] 18 points 7 months ago

The IRS had been chronically underfunded for decades specifically to allow the wealthy to get away with this. They got some extra funding through the IRA, so hopefully they can go after more guys like him.

[–] [email protected] 1 points 7 months ago

"When you’re a star, they let you do it. You can do anything. Grab ’em by the pussy. You can do anything.”"