counter statistics
Politics News

Bomb documents show that Trump received special treatment from Deutsche Bank and $ 3.7 million from foreign governments as president


Trump hid $ 70 million in losses at his DC hotel and gets a special rest Deutsche Bank, and received $ 3.7 from foreign governments as president.

Trump has taken millions from foreign governments and given a breather to his DC hotel loan at a foreign bank

According to documents released by the House Oversight Committee:

  • While in office, President Trump received preferential treatment that could be worth millions from a foreign bank. The documents show that Deutsche Bank offered President Trump a significant financial advantage in 2018 by enabling him to defer the principal payments for the $ 170 million loan, which Trump personally guaranteed, for six years. Without this delay, the hotel could have paid tens of millions of extra dollars to Deutsche Bank at a time when it was already experiencing huge losses. Trump did not disclose this significant advantage of a foreign bank while he was president.
  • The Trump hotel has received more than $ 3.7 million from foreign governments. According to the committee’s analysis, the Trump Hotel received an estimated $ 3.7 million from foreign governments from 2017 to 2020, raising concerns about possible violations of the constitution’s foreign remuneration provision. This amount would have been sufficient to cover more than 7,400 nights in the Trump Hotel at the average daily rate. Former President Trump failed to disclose details of these payments to GSA, and he “donated” only the small portion of the payments that his business would make as a profit to the Treasury.

Trump hid payments from foreign governments and DC hotel losses from the government

Trump incurred $ 70 million in losses from the DC hotel as he claimed in his financial disclosure forms that the hotel was profitable, Trump used the presidency to earn millions of dollars from foreign governments and defer his debt payments.

If Trump has not reported these transactions on his tax returns, he is suing for possible local, state and federal criminal charges.

Trump’s entire business is a house of cards.

He survives by accumulating huge debts while lying about his profits so that he can borrow more money to incur more debt. All the while, Trump and his company evade criminal taxation.

Trump needs a political return because he is sinking financially, and it seems that all his plans have finally caught up with him and could result in criminal charges.



Source link

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button