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Trump Grifts, Loans, and Investigations

Discussion in 'BBS Hangout: Debate & Discussion' started by deb4rockets, Aug 22, 2020.

  1. NewRoxFan

    NewRoxFan Contributing Member

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  2. Buck Turgidson

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  3. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking
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    The Trump curse strikes again -- DJT stock is soaring and Trump was just awarded another $1.2 billion in earnout compensation. LMAO!

    The Trump haters got played AGAIN.
     
  4. adoo

    adoo Member

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    . Put up or shut up; I dare you to buy the stock
     
  5. Xopher

    Xopher Member
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    With the addendum: Hold said stock for 6 months no matter how bad it tanks
     
  6. No Worries

    No Worries Contributing Member

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    SEC charges Trump Media’s independent accounting firm with 'massive fraud'

    The Securities and Exchange Commission (SEC) on Friday charged Trump Media & Technology Group’s independent accounting firm BF Borgers with fraud, accusing the firm of operating a “sham audit mill,” CNN reports.

    According to a press release from the SEC, “BF Borgers agreed to pay a $12 million civil penalty” for “deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits.”

    Per the SEC press release, “Borders and his sham audit mill have been permanently shut down.”

    “Ben Borgers and his audit firm, BF Borgers, were responsible for one of the largest wholesale failures by gatekeepers in our financial markets,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement. “As a result of their fraudulent conduct, they not only put investors and markets at risk by causing public companies to incorporate noncompliant audits and reviews into more than 1,500 filings with the Commission, but also undermined trust and confidence in our markets. Because investors rely on the audited financial statements of public companies when making their investment decisions, the accountants and accounting firms that audit those statements play a critical role in our financial markets. Borgers and his firm completely abandoned that role, but thanks to the painstaking work of the SEC staff, Borgers and his sham audit mill have been permanently shut down.”

    Trump Media, which owns Trump’s Twitter-style social media company Truth Social, was not accused of wrongdoing.
     
  7. deb4rockets

    deb4rockets Contributing Member
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    No Worries and Ubiquitin like this.
  8. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking
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    ProPublica and the New York Times are now accounting experts -- lol. The attacks on Trump continue. All political. But in the Democrats' minds, since they hate Trump, these persecutions of him are totally justified. They don't even know how badly using the legal system to attack a political opponent damages the integrity of our country.
     
  9. astros123

    astros123 Member

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    What damages the integrity of the country is when the sitting president thinks violent rioters wanting to overturn an election have more courage than the vice president. Keep spewing bullshit
     
    B-Bob, Ottomaton and Ubiquitin like this.
  10. Buck Turgidson

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    Well, obviously nobody in Trump's corporate or political realms are.
     
    #1011 Buck Turgidson, May 11, 2024
    Last edited: May 11, 2024
    astros123 and Ubiquitin like this.
  11. No Worries

    No Worries Contributing Member

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    New York Times:

    Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows


    A previously unknown focus of an I.R.S. audit is a dubious accounting maneuver that effectively meant taking the same write-offs twice on a Chicago skyscraper.

    The issues around Mr. Trump’s case were novel enough that, during his presidency, the I.R.S. undertook a high-level legal review before pursuing it. The Times and ProPublica, in consultation with tax experts, calculated that the revision sought by the I.R.S. would create a new tax bill of more than $100 million, plus interest and potential penalties.
     
    B-Bob likes this.

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