17.7 C
London
Monday, November 4, 2024
secret satire society
HomeBusinessCan the Teflon Don Bypass Serious Allegations of Multimillion Dollar Tax Fraud?

Can the Teflon Don Bypass Serious Allegations of Multimillion Dollar Tax Fraud?

NEW YORK - USA - Allegations of serious tax fraud worth tens of millions of dollars will probably not affect Donald Trump.

 

 

Trump said he could go to Fifth Avenue and unload a gun into a crowd and still not have his ratings drop? He’s the Teflon Don, nothing sticks to this guy.

That is until now…maybe.

Allegations have surfaced that tie trump to a multimillion dollar tax fraud where the US tax office was denied millions of dollars during a dodgy deal with Icelandic firm FL Group.

This action of disguising equity as a loan deal is fraudulent and cheated the IRS out of $100 million.

Julius Schwarz, Bayrock’s executive vice president: “Call it equity but for tax purposes its debt. Otherwise we write a huge check to the IRS. As a 49 per cent equity partner they are still equity. There is no other way around it.”

Whether Trump would be directly liable for such a crime is a question that only lawyers can answer, and whether the IRS ever get off their asses and actually do something about this is another matter.

trump fraud

Our feeling is the Teflon Don is going to skate through this obvious attack by either ignoring it, or denying it, despite his signature on the papers. Naturally, Drudge is ignoring this story as well.

A question of judgement? Is Trump president material when he seems to have his fingerprints all over a multimillion dollar fraud? Doubt we’ll ever know as this, like everything else is merely water off a ducks back for the Teflon Don.

 

  Daily Squib Book

  DAILY SQUIB BOOK The Perfect Gift or can also be used as a doorstop. Grab a piece of internet political satire history encapsulating 15 years of satirical works. The Daily Squib Anthology REVIEWS: "The author sweats satire from every pore" | "Overall, I was surprised at the wit and inventedness of the Daily Squib Compendium. It's funny, laugh out loud funny" | "Would definitely recommend 10/10" | "This anthology serves up the choicest cuts from a 15-year reign at the top table of Internet lampoonery" | "Every time I pick it up I see something different which is a rarity in any book"
- Advertisment -

NEWS ON THE HOUR

MORE NEWS

THE DAILY SQUIB ANTHOLOGY

The definitive book of Juvenalian satire and uncanny prophesies that somehow came true. This is an anthology encompassing 15 years of Squib satire on the internet compiled and compressed into one tiddly book. Buy the Book Now!