10 years of the Trust Fund Baby's IRS tax transcripts Show That

https://www.nytimes.com/2019/05/19/business/deutsche-bank-trump-kushner.html

Deutche Bank has been the only bank willing to lend $ to the trust fund baby, who had cemented his decades-long reputation as a deadbeat

Anti-money laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions involving legal entities controlled by Donald J. Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog.

The transactions, some of which involved Mr. Trump’s now-defunct foundation, set off alerts in a computer system designed to detect illicit activity, according to five current and former bank employees. Compliance staff members who then reviewed the transactions prepared so-called suspicious activity reports that they believed should be sent to a unit of the Treasury Department that polices financial crimes.

some of the tramsaction involved money flowing back and forth with overseas entities
or individuals,which bank employees considered suspicious.
​

But executives at Deutsche Bank, which has lent billions of dollars to the Trump and Kushner companies, rejected their employees’ advice. The reports were never filed with the government.

Tammy. McFadden said she was terminated last year after she raised concerns about the bank’s practices. Since then, she has filed complaints with the Securities and Exchange Commission and other regulators about the bank’s anti-money-laundering enforcement.




fwiw,

in 2017, Deutche Bank was fined for ~ $10 Billion for $ laundering, https://money.cnn.com/2017/01/31/investing/deutsche-bank-us-fine-russia-money-laundering/index.html​

 

The parent co of Trump Taj Mahal, one of Atlantic City, New Jersey’s struggling casinos, has settled U.S. government charges that
it violated federal laws designed to thwart money laundering, court filings show.

Trump Taj Mahal agreed to the assessment of a $10 million civil penalty by the Treasury Department’s Financial Crimes Enforcement Network, according to a proposed consent order filed with the U.S. Bankruptcy Court in Wilmington, Delaware.

The penalty will take the form of a general unsecured claim in Trump Taj Mahal’s bankruptcy.

In exchange, Trump Taj Mahal admitted to have willfully violated reporting and record-keeping requirements
(for suspicious banking transactions) under the federal Bank Secrecy Act​

 

I.R.S. Memo Undercuts Mnuchin on Withholding Trump’s Tax Returns

the I.R.S. memo says the Treasury secretary does not have the authority to deny tax-writing committees’ requests for taxpayer returns.

the current IRS top lawyer is Michael Desmond, who had purchased units in the Trump Tower
and previously had done business w Trump. in his nomination hearing, he said that he would recuse himself on matters related to Trump.​

the memo was written by Desmond's predecessor in Nov/Dec 2018.

John Koskinen, the former I.R.S. commissioner, said that he would be surprised if the leadership of the I.R.S. and Treasury was not aware of such a document because the issue is so politically sensitive.

https://www.nytimes.com/2019/05/21/us/politics/irs-memo-trump-taxes.html

​

 

delete​

 

To: the trust fund baby from Queens

subject: your home state says FU

New York Passes Bill Giving Congress a Way to Get Trump’s State Tax Returns​

NY State Tax officials would be authorized to hand over his state returns to any one of three congressional committees, opening a new front in a heated battle.​

https://www.nytimes.com/2019/05/22/nyregion/trump-state-tax-returns.html

 

To: the trust fund baby from Queens

subject: the ex of your son Fredo's girl friend says FU

California governor, Gavin Newsome, signs bill requiring
Trump to release his tax returns to appear on ballot
​

California Gov. Gavin Newsom (D) on Tuesday signed a bill requiring President Trump to release his tax returns before he can appear on the state's 2020 primary ballot.

Under S.B. 27, called the "Presidential Tax Transparency and Accountability Act," any candidate running for president or governor of California will be required to file copies of the last five years of their tax returns to the California secretary of State.

"As one of the largest economies in the world and home to one in nine Americans eligible to vote, California has a special responsibility to require this information of presidential and gubernatorial candidates," Newsom said in a statement.

"These are extraordinary times and states have a legal and moral duty to do everything in their power to ensure leaders seeking the highest offices meet minimal standards, and to restore public confidence. The disclosure required by this bill will shed light on conflicts of interest, self-dealing, or influence from domestic and foreign business interest."

https://thehill.com/homenews/state-...-bill-requiring-trump-release-his-tax-returns​

NY state is next!

 

NY State Prosecutors Subpoenaed Trump Organization for
Documents Related to Stormy Daniels Hush Payment

State prosecutors in Manhattan subpoenaed Trump’s family business, reviving an investigation into the company’s role in hush-money payments made during the 2016 presidential campaign.

The subpoena, issued by the Manhattan district attorney’s office, demanded the Trump Organization provide documents related to money that had been used to buy the silence of Stormy Daniels, a pornographic film actress who said she had an affair with Mr. Trump.

The inquiry from the district attorney’s office, which is in early stages, is examining whether any senior executives at the company filed false business records about the hush money, which would be a state crime.

https://www.wsj.com/articles/trump-...ed-to-stormy-daniels-hush-payment-11564702374