Thursday, October 24, 2024

The NY Court-Appointed Monitor Is Functioning As Intended. It Has Disclosed 25 NEW Entities That TrumpWorld Is Using To Hawk Hats, Tee-Shirts, Shoes, Wine And... NFTs And Crypto Platforms... YIKES (Just Since August 2024)!


I am very impressed by Retired USDC Judge Barbara Jones (now serving as a court-appointed financial monitor over TrumpWorld) -- nothing gets past her watchful eye. She is overseeing the post-judgment fraud empire Tangerine runs mostly out of Florida and NY, for new, or ongoing. . . violations of law.

For context, remember that the hard right lost their collective tiny minds, when BHO 44 (wait for it!) wore a tan suit to a Rose Garden event ("Oy, the 'umanities!"). A court order now forbids Trump from ever running a charity in NY again, due to pervasive frauds.

Can anyone imagine what we'd hear, if less than two weeks from election day, we learned that Kamala Harris was hawking gold tennis shoes, autographed bibles and various crypto scams run by her step-children, just turned 18 -- no less?! [all through 25 new entities, unmonitored by any court?!]. There would be broken internet tubes, for certain. As to Tangerine. . . it is just. . . a regular Thursday afternoon.

Nothing to see here. He's just lining his pockets with numerous grifts, before he's run off the stage of the GOP. [Many will recall that this New Coin / Token effort is being led by Barron (at age 18, a college freshman!), and his brothers (i.e., no crypto-experience). . . along with a former internet ladies' man / consultant. And at least a rumor that Martin Shkreli, a former felon, is also guiding the tech side of it.]

"But wait! There's more!". . . Elon Musk has received a formal written warning (along with lots of other Tangerine affiliated groups) from the non-political / career DoJ Election Fraud AUSAs offices, that his "Million Dollar A Day" raffle for voter registration disclosures. . . (as we said!) violates a felony statute -- to wit, 52 USC § 10307(c).

But here is the mini-catalog of NEW entities Trump has created to suck money out of his base, and the RNC (as filed in NY State Court):

. . .The Trump Organization informed the Monitor that [since the last report at August 2024], contingent upon the execution of certain agreements, it intended to create 25 new entities for the purpose of either licensing products or merchandise and hotel licensing deals. For these contemplated transactions, there have been no financial disclosures to third parties. . . . One entity was dissolved during this reporting period. . . .

In September 2024, an existing Trump Organization entity was renamed and subsequently entered into a Services Agreement related to the cryptocurrency token World Liberty Financial ("$WLFI."). No financial disclosures or financial representations were provided by the Trump Organization to World Liberty Financial, its representatives, or lenders in connection with this transaction. The Trump Organization has agreed to provide the Monitor all monthly account statements associated with this $WLFI token. . . .


And that's on top of the NASDAQ trading in the DJT media public company run by Devin Nunes (with quarterly revenue below $2 million!) -- trying to make a muski-business of Truth Social -- to compete with X-itter. Trump personally owns about 67% of the stock in that '34 Act company. For now, at least. He will sell. His lockup expired last month. From a high of over $80, it is now at. . . [checks notes] $30 -- after dipping for almost a month to below $15.

It must be said. . . this is an ongoing criminal enterprise. Nothing more. Out.

नमस्ते

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