When asked to describe what they like most about Donald Trump, supporters usually say “He’s been doing it all without dirty money.” They mean his campaign is self-funded, and takes no money from lobbyists, special interests, and Republican Party kingmakers.
But what if Trump’s own money is dirty? Could a sizable chunk of Trump’s net worth come from selling real estate to drug lords, mobsters, and international financial criminals?
The answer is: There’s no way to tell. Secrecy hides the identity of the crooked, violent and corrupt who invest cash in U.S. real estate through shell companies registered in Delaware, managed by a bank in the Grand Caymans for a trust in Guernsey. And its all perfectly legal.
Even Swiss banks these days have to know who their customers are. Not American real estate developers. There’s no legal requirement whatsoever that U.S. real-estate developer Donald Trump know who his clients are. Probably, he couldn’t care less. Or even worse, he’d rather not know...
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