Avoid making exclusive or discriminatory comments, instead try to create board posts that are open and welcoming to all.
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 9
OK, this is a Russian-American businessman but...we know Putin wants Trump to be his useful idiot.
"Donald Trump’s social media company Trump Media managed to go public last week only after it had been kept afloat in 2022 by emergency loans provided in part by a Russian-American businessman under scrutiny in a federal insider-trading and money-laundering investigation."
Trump Media almost did not make it to the merger after regulators opened a securities investigation into the merger in 2021 and caused the company to burn through cash at an extraordinary rate as it waited to get the green light for its stock market debut.
The situation led Trump Media to take emergency loans, including from an entity called ES Family Trust, which opened an account with Paxum Bank, a small bank registered on the Caribbean island of Dominica that is best known for providing financial services to the porn industry.
Through leaked documents, the Guardian has learned that ES Family Trust operated like a shell company for a Russian-American businessman named Anton Postolnikov, who co-owns Paxum Bank and has been a subject of a years-long joint federal criminal investigation by the FBI and the Department of Homeland Security (DHS) into the Trump Media merger.
Trump is corrupt to his core.
No. of Recommendations: 3
this trump enterprise has become america's most obvious honeypot for the world's dumbest sleazeballs.
come right in, do whatever in the name of open capitalist markets; no one is watching, but rent some lawyers anyway anyway !
2 others pleaded guilty today to insider trading...and just happened to be connected to the russian shell corp.
watch in amazement as the list of felons increases, for surely they will not figure any of this out until insiders monetize (which i seriously doubt ever happens).
No. of Recommendations: 8
Donald Trump’s social media company Trump Media managed to go public last week only after it had been kept afloat in 2022 by emergency loans provided in part by a Russian-American businessman under scrutiny in a federal insider-trading and money-laundering investigation." Guilty.
Two investors in Trump Media insider trading case plead guilty Florida venture capitalist Michael Shvartsman and his brother
Gerald Shvartsman pleaded guilty on Wednesday to participating in an
insider trading scheme linked to the blockbuster deal that brought
former President Donald Trump’s social media business public.
Each of the brothers pleaded guilty in New York to one count of
securities fraud, which carries a maximum sentence of 20 years in
prison, according to federal prosecutors.
https://www.cnn.com/2024/04/03/business/trump-trut...Surprising, really, that a man of Trump’s honor & integrity would find himself in league with people accused - and now guilty - of insider trading schemes. I may have to reevaluate my opinion of the man ;)
No. of Recommendations: 9
Two investors in Trump Media insider trading case plead guilty
That didn't take long, did it? Those charges were filed in June of 2023.
I've been digging into this after this initial post from ges and no matter how corrupt you think this entire TMTG+DWAC SPAC affair has been, you'd be wrong. It's corrupter... LOL.
More to come but this Michael Shvartsman feller alone netted $18 million when he dumped his shares of DWAC immediately after the deal for DWAC to merge with TMTG was announced in October 2021. That brought him into the sights of the FBI and SEC along with Anton Postolnikov, who dumped his shares at the same time and pocketed $22 million. Of course, Postolnikov later funneled more money into TMTG to keep the shell afloat from an account in a bank he owns linked to a trust which was created by a lawyer residing in St. Petersburg, Russia.
And somehow, DHS is involved with these investigations so it seems clear the feds have linked these actors to international money laundering and probably things like arms trafficking. (I don't think DOJ requires DHS help for mere money laundering cases, even if international in nature.)
WTH
No. of Recommendations: 7
It's interesting that the 2 insiders changed their plea to guilty upon the advice of their new attorney, Alan Futerfas, who - coincidentally, I'm sure - also represented Trumps in prior cases.
"Alan Futerfas, a lawyer for Michael Shvartsman, declined to comment on the guilty plea."---------- "Alan Futerfas is a New York-based criminal attorney with who has frequently represented clients in organized crime and cybersecurity cases – and he’s also the new lawyer for Donald Trump Jr." https://www.cnn.com/2017/07/12/politics/who-is-ala...Trump.mob commented that they have nuthin, no way, no how, nuh uh, to do with the 2 inside traders. Don't know 'em, never heard of them, and any photos of them partying together are prolly too blurry to be evidence.
-----
""These individuals have no affiliation with TMTG and — on information and belief — TMTG is not the target of any DOJ [Department of Justice] enforcement action," the Trump company said in the filing with the Securities and Exchange Commission.
No. of Recommendations: 3
That didn't take long, did it? Those charges were filed in June of 2023.
As mentioned in the previous post, the insider guys quickly changed their pleas to guilty after obtaining additional council from DonPoorleone Jr's guy.
Hunch: Trump's don't want another turd(DJT insider trading) floating around their punchbowl of trials while the Stormy Daniels trial is taking center stage.
Better they should fall on their swords, take one for the team, than fill headlines with what would be perceived as yet another Trump criminal trial.
Besides, it would probably be too blatant if the Schvartsmans both hung themselves from their bunkbeds with their bedsheets.
