Trump's 2020 Campaign Has Reportedly Funneled Ove
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Posted On: 12/06/2018 12:35:33 PM
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Trump's 2020 Campaign Has Reportedly Funneled Over $1 Million Into His Own Businesses.
Source: Law & Crime
by Colin Kalmbacher | 10:50 am, December 6th, 2018
President Donald Trump‘s 2020 re-election campaign has funneled over $1 million worth of campaign money–donor money–into Trump branded businesses and real estate properties, according to a new report.
Federal election filings analyzed by Forbes say that Trump’s 2020 campaign has raked in millions of dollar from donors while Trump himself has converted at least $1.1 million of those donor funds into his own money by charging “the campaign for hotels, food, rent and legal consulting.”
Trump Tower Commercial LLC is a New York State-based entity owned by the 45th president. As of the latest campaign finance filing, the entity had charged Trump’s re-election campaign at least $665,000 in rent. An additional $225,000 in rent payments have been made to this entity through a similar arrangement with the Republican National Committee (RNC).
The extent of the space currently being rented by the 2020 campaign and the RNC is currently unknown but reporter Dan Alexander‘s reporting suggests one of two things: an extreme amount of real estate is currently being occupied–or the Trump Tower business is heavily inflating real estate prices.
Read more: https://lawandcrime.com/high-profile/trumps-2...port-says/
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