this post was submitted on 28 Mar 2024
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[–] Praetorian@sopuli.xyz 13 points 1 year ago (6 children)

Lol. You may want to look up the definition of money laundering as this ain't how it works.

I do find it funny that any organization thinks he is actually religious. If he is, shit I'm glad I became an atheist.

[–] NegativeInf@lemmy.world 18 points 1 year ago (4 children)

"Money laundering is a financial transaction where criminals try to hide the source, nature, or proceeds of their illegal activities. This process is also known as converting "dirty money" into "clean money". Money laundering can lead to serious criminal offenses and threaten the integrity of the financial system. "

Idk. It kinda works in this case. The money would be illegally gotten if coming as donations from churches. But because churches have a legitimate reason to want to buy bulk bibles, this "hides" the illegality of the activity. So maybe not true textbook definition, but the spirit is there for sure.

[–] jeremyparker@programming.dev 4 points 1 year ago (2 children)

It's not illegal to sell bibles. I'm sure there are loads of churches that will fill their pews with them, but they're not sending money to the campaign, they're sending it to Trump. Why would he make this harder for himself, he can just take the money and put it in his pocket, there's no reason to get the campaign involved.

[–] WiseThat@lemmy.ca 2 points 1 year ago

The problem is that's literally just money laundering?

They are using a shell corporation and bullshit liscencing fee to cover over the fact that this transaction is and should be illegal.

Like, the idea here is that the church is not allowed to donate to a political figure, so they've set up a shell corp in the middle. The church pays $60 to the shell corp, who sends back 30 cents worth of paper, and then passes on 59.70 to Trump as a "licencing fee", which is obviously just going to be spent on his campaign.

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