SoundofSilence
Member
Nope. And they'll pursue you to the ends of the earth for it. There is no escape unless you're a known high roller who racks up millions in debt and losses.
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Trump casino was money laundering operation
- Thread starter SoundofSilence
- Start date
Nope. And they'll pursue you to the ends of the earth for it. There is no escape unless you're a known high roller who racks up millions in debt and losses.
KoopaTheCasual
Junior Member
MegaManTrigger
Banned
Donald Trump thinks he's Gustavo Fring, but is actually Sheldon J. Plankton.
Electric Eye
Banned
There was an NPR story about 2 weeks ago that delt with this story and apparently it was quite common at all the casinos and they had passed regulations on all this but because it took time to implement them in the meantime the casinos did what sleazy casinos do. If you ask any of the owners about it though they will admit that there were "diviations" that got addressed. 😏
Ron Mexico
Member
So while the title of the thread was misleading, there was still a healthy amount of negligence going on here.
Coming from the financial industry where BSA is huge, they drill into every employee at every level, customer facing or not, the importance of the reporting requirements (where the Taj was cited all those times).
It's a failure of management to promote compliance. And yes, the parallels to the presidency are obvious (and warranted imo) but the sensationalist titles are a bit tiresome.
Coming from the financial industry where BSA is huge, they drill into every employee at every level, customer facing or not, the importance of the reporting requirements (where the Taj was cited all those times).
It's a failure of management to promote compliance. And yes, the parallels to the presidency are obvious (and warranted imo) but the sensationalist titles are a bit tiresome.
Lord Frieza
Member
If The Atlantic can get this scoop, I think the FBI can, too.
BoogieWoogie
Banned
Because the media always wants the election to appear to be a horserace and it backfired on them.
NullPointer
Member
Herr Schwarz
Banned
Because I would assume when you are prosecuting someone you need to tell that persons story. And the best way to tell the story is from the beginning in order to establish his character. His modus operandi.
I guess
NullPointer
Member
It's context and groundwork for the Trump money laundering stories to come.
The identities of the "lucky" whales might be. As might his taxes.
TheLaughingStock
Member
How so? They made a ton of money and have viewers tuning in. And then you have Fox News doing their own thing.
Actually, it is pretty important news, and not just a rehash of 90s activity. I'm not sure how it could be considered otherwise. The bolded:
canoli2006
Member
And here I am thinking it was going to be a slow news day.
Netherscourge
Banned
This is my surprised face:
Nothing is.
WiseguyMVP
Member
I am SHOCKED!
Jack Scofield
Member
Pretty crazy how EVERYTHING Trump touches is a scam.
The Albatross
Member
Probably not. The casino basically licensed Trump's name and personality for it. It's embarrassing to be sure, but this was also in the 1990s and Trump has been a public celebrity for 30 years even with this story being out there, and there's (seemingly) never been any legal connection to him that's been worth acting on. The PBS FrontLine documentary on Trump & Hillary that came out back before the election had a lof of these interesting stories about how when Trump's buildings went bankrupt, most of the subsequent owners decided to stick with the Trump name because it was more profitable brand for their clientele than, say, "Tropicana East" or something would have been in the 90s. Shady shit at the casino never the less, but probably pretty par for the course for a casino, and they always keep a distance between this sort of stuff and the CEOs of the names behind them. Wynn Resorts got nailed on a money laundering scheme back in the mid-2000s or around 2010, and the casinos get fined, but generally the top executive brass like Steve Wynn aren't really connected (at least, in court)
EatinOlives
Member
Trump is more like Pryce:
Monumentally stupid, makes no attempt to hide his shit, incriminates himself without even knowing, relies on everyone else to bail him out, only for him to stupidly think he doesn't need anyone.
The Technomancer
card-carrying scientician
Oh my god
Psychoward
Banned
Not surprised in the least.
Psychoward
Banned
lmfao
"It was in the past and basically already confirmed that Trump's casinos were a sham that stiffed contractors, discriminated employees and ruined the cities they were in so who cares"
Lord Frieza
Member
I might be wrong here, but I'm pretty sure this was one the businesses he actually owned and operated, not just something that he licensed his name out to.
I don't think the casino crimes here are the story, I think names connections and taxes might be.
And he owned it at the time. Not a licensing deal.
PAULINK
I microwave steaks.
it just seems like a waste of time, to write a book report regarding what happened almost 20 years ago.
BlackLagoon
Member
Nope, the Taj Mahal was his second big venture after Trump Tower, and its spectacular failure was what drove him into bankruptcy. He only survived because the banks decided the Trump brand was important enough for his businesses to keep paying him for, which is what lead to his current business model where, as you say, he makes partnership/licensing deals with third party entrepreneurs.
Snowybreak
Member
Not really. Gives a good perspective about all the shit that's going down now. Even creates some threads that make my overarching theory about what has happened get closer to reality.
I think I've got it figured out, but let's see how this plays out.
Oh, and one more thing: those who forget history are bound to repeat it.
Lord Frieza
Member
Yeah, this is what I thought.
MegaManTrigger
Banned
Trump is more like Pryce:
Monumentally stupid, makes no attempt to hide his shit, incriminates himself without even knowing, relies on everyone else to bail him out, only for him to stupidly think he doesn't need anyone.
Lol I completely forgot about that excuse of a criminal in BCS.
TAJ
Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that.
Well, there it is.
DontBeThatGuy
Member
Boo's upset you, but not corrupt motherfuckers like this? Isn't that special.
CadetMahoney
Member
Just looking at that car annoys me.
Psychoward
Banned
This was respectful corruption.
ITT: People missing the forest for the trees. There is a giant haystack of shady transactions going back decades with Trump; nobody gave a fuck before because he was just another rich, lawyered-up asshole who paid the fines and took the slaps on the wrist. Now that he's one of the most powerful assholes alive, all sights are on him, and it seems highly likely that somewhere in the haystack are the needles that sewed Trump's lips to Putin's ass.
TheLaughingStock
Member
I agree people are missing the forest here. Elite white collar crime is a great gig because you can settle without admitting guilt when you're a big shot. Accordingly, when you're big time like Pres. Trump, then the trade-off of becoming POTUS and having countless followers seems worth it. It's not like he's been labeled a felon or has had any shady ties come back to bite him yet. You have to be willing to get dirty in order to climb the ladder and be successful. The current POTUS is living proof.
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