In-Depth Investigation Shows 70% Of Donald Trump's Recent Real Estate Sales Have Gone To Shell Companies
In-Depth Investigation Shows 70% Of Donald Trump's Recent Real Estate Sales Have Gone To Shell Companies
USA Today reports that 70% of the real estate transactions completed by Trump's companies since his GOP nomination have been with anonymous LLCs.
USA Today reports that 70% of the real estate transactions completed by Trump's companies since his GOP nomination have been with anonymous LLCs.
LLCs are corporate entities that allow the purchase of property without revealing the names of the buyers.
Before Donald Trump locked down the Presidential nomination, only 4% of his real estate sales went to LLCs.
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Citizens and lawmakers are worried about what these secretive real estate sales mean.
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Do you think Donald Trump's secretive real estate deals are suspicious?
Do you think Donald Trump's secretive real estate deals are suspicious?
USA Today reports that purchasing through an LLC could allow a buyer anonymity in grossly overpaying for the President's properties.
Doing so would allow the individual or entity behind the LLC to continue making business transactions for large amounts without having their identity made public.
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