Its a money laundering front, plain and simple.
this post was submitted on 17 Oct 2024
601 points (99.0% liked)
politics
19097 readers
3177 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
It’s weird how this is surprising. His shoes, his NFTs, all traces through Wyoming corporations set up to launder money.
Basically. If you want to start a number of Shell companies that all report to each other so money can disappear, do it in Wyoming, they don’t give a fuck, and that’s what Trump did.
I wonder how that will change with the upcoming January deadline for companies filed under a registered agent having to file a BOI report to disclose their controlling interests.
If he's president by then it won't matter.
Which is why rich people really want Trump to win.
Is this a state or federal law? I’m super interested it, and would love a link to where it’s being described
Thanks! Hopefully this will make a difference. I suspect what happens in November will be the catalyst on this one
If it’s so plain and simple why can’t they stop this kind of advantage taking? Why isn’t it investigated deeper and exposed?
Criminal investigations take years and often aren't announced publicly (otherwise evidence gets destroyed). Sometimes they target investigations too to make justice move faster (and at first only pursue the strongest case)
Don't be surprised if it is.
His biggest issue at the moment is that he no longer has as many friends in powerful places (similar to the mafia), and he keeps abusing people . If you're going to be a criminal, you can't abuse 50% of the population and threaten a dictatorship or they'll be more likely to pursue
load more comments
(1 replies)
This Trump character sounds like he might be involved in shady business dealings!
The more I learn about that guy, the more I don't care for him.
Some were saying that decades ago. Some still haven't crossed that line, for some reason.
My grandma had that dude sniffed out in the 1900s
load more comments
(1 replies)
It should come as no surprise that nothing was legitimate about that entire scheme.
It’s all legitimate. That’s the issue. Wyoming doesn’t give a fuck. You can set up hundreds of llc’s in Wyoming that only just connect back to each other or shady law firms. The law firms take their money. Wyoming takes their money. And the rest of the money disappears
load more comments
(3 replies)
The words "derelict", "strip" and "mall" really sum him up perfectly. So it sounds like he found the perfect match for his needs.
Please don't connect the words "Trump" and "strip" like that.
Haha, yeah it does create some horrible mental images, doesn't it!
I imagine him falling from a pole and breaking his neck on a first try. Makes it bearable.
load more comments
(1 replies)
I did some digging into the shoe company when they came out and found out Wyoming is probably the LLC Capitol of the country. Apparently they have very lax registration laws and Andrew Pierce seems to do a lot of them. His company handled the shoe business and likely the watches.
I also happened upon a list of registered businesses 23Q3 file is 3258 pages. I believe this list only contains new businesses registered that quarter but am not certain.
Nah these shits are probably cheap chinese watches the wyoming company mass ordered.
Yeah, read the summary, there is no watch company in Wyoming, it's just a front.
They don't even look like real gold. It looks like a fake Rolex from the streets of Manhattan. 🤣
A man whose presidential bid is simply a grift for money having a decent chance at winning is very fitting for the US.
so what is the point of "registering" a business if the address it obviously bogus?
If the goal is, let's say money laundering, it's harder to track you down.
oh I get the point in lying about your location of course. in other words what I'm asking is why have business registration at all if it's so easy to lie?
Mainly because at the moment, he’s still under the whim of the FBI who he basically wants to disband. Once he’s in power he can dismantle any government agency that would fight his corruption, and then there’s no need for Shell companies
Oh, the why was directed at the other side. My bad.
load more comments
(2 replies)
No surprise. Dude is nothing but a con man and if you see anything but a con man then you are stupid.
I just don't understand how the place isn't shut down already.
They know the "business" behind the product is some shady LLC in a warehouse in Wyoming. There are no watches being produced there. There are no sneakers being produced there. And there never will be. This is a money laundering scheme and nothing more. And even if they do get some rubes dumb enough to part with their money, their orders will just be "temporarily delayed" while the customer is sent circling around LLC hell trying to get a refund on a product that never existed in the first place.
Seriously. $100,000 watches? Who the fuck is the target audience for this? Even if it were on the up-and-up (it isn't), there's only a sliver of a sliver of the population who could afford to even if they wanted to. And you're not going to reach them through some random late-night commercial on OANN. If this were a legit product made by a legit company, their entire sales wing would have known that commercials targeting inbred hicks at 3:00 in the morning is a complete waste of money.
Trump and whoever else is behind this should have just quietly taken out a couple of back-of-the-magazine ads in some no-name magazine to give their product a veneer of legitimacy and then just quietly did their crime stuff with nobody being any wiser. But no, this is Trump, who must always, always pick the worst and most absurdly inane option available. Every time. Like picking a smart choice would cause him torturous pain or something. I've never seen a man who so masterfully looks at all of the options available to him, and somehow manages to come up with and select an exponentially worse option with such consistency.
My money is on it being a way to get around political donation limits - if you're buying a product, you aren't donating. Elon can buy a handful of these to give out to his buddies, and it doesn't count as donating a million dollars to Trump's campaign.
Seriously. $100,000 watches? Who the fuck is the target audience for this?
Trump fanatics with a lot of money. Which if even one person buys one (And Im sure someone has) The entire charade becomes worth it.
I just don’t understand how the place isn’t shut down already.
Cops have better things to do than shutting down obvious money laundering enterprises - like, shaking down obvious money laundering enterprises for a cut of the action.
I lived in Daytona Beach a few years ago, and one day I noticed that a small store had opened up that sold nothing but Super-Whisks, plastic whisks that cost $1 each. They were never open (a hand-written sign said the nail salon next door had a couple of whisks if you wanted one) and they were a quarter of a mile from a Publix and three dollar stores, all of which also sold $1 plastic whisks, so they weren't exactly satisfying an unmet demand. The most ridiculously obvious money laundry I've ever seen and yet they were never investigated by anyone.
There was an old video store that opened up in my neighborhood in the late 80s. Now it did have an adult section in the back, so there was at least a hint of legitimate business. Now remember. I'm saying late 80s here. VHS. A circulation of movies that was never updated. For decades. Well, well beyond VHS's expiration date. But when you walked in there, that's what you saw. "Modern-day" movies like Roadhouse and Howard the Duck. In like 2005. And when you walked in, the guy at the counter gave you a look as if you were definitely not welcome, and even the adult section (where I figured the "real" business took place) was "closed".
The place closed down sometime during the late 00s, but to this day I firmly believe the store was a front for some kind of mob operation and money laundering and the adult section was for......members only, ifyaknowwhatimean.
If the business were actually about selling watches (which like you said, it isn’t) it would still make sense to have an extremely expensive model as a sales tactic so that the affordable ones seem more valuable. Another example of this is the $10,000 solid gold Apple Watch. Obviously they don’t expect to sell many watches at that price when the battery is sealed into the device and it’s guaranteed to fail after a few years, but it exists just to make the normal models seem fancy by proxy.
Oh, I absolutely agree. But when was the last time you saw a Rolex ad in the middle of a Duck Dynasty rerun or something? Any company able to actually produce and sell watches worth $100k is going to know who their target audience is and how to reach them.
Trump's commercials scream less of an attempt to reach people who may genuinely be interested in his product (He'd probably be better off selling them at his golf courses), and more of an attempt to be able to say that there was even a product in the first place when people eventually start questioning where $15,000,000 magically appeared from. Point to the ads, say all 147 of them were bought by clients who wished to remain anonymous, and say you closed up shop after they were sold. Money laundering made easy.
load more comments
(1 replies)
Worth a read, no idea how legit this info is - https://calibercorner.com/trump-watches-caliber-tx07/.
I don't know if it's my cynical eyes, but the side by side image comparison is... striking. The parts in Trump's watch look much cheaper, and there seem to be fewer mechanical pieces. I know nothing about watches so I have no idea if I'm making sense or taking out of where the sun don't shine.
Hey buddy... wanna buy a watch?
Con man gonna con.
Literally laundering money to his campaign. Nothing will happen.
Those watches, if any of them even actually ship, are guaranteed to be straight from Aliexpress.
load more comments
(2 replies)
A lobbying firm that represents Montenegro’s government is also based at the Wyoming address
...okay, now you've lost me.
I have no idea what movement these watches have nor do I care - I ain't buying one. But you can easily buy all the cheap, less than $20, Swiss made movements you want all day every day.
Just because it say Made in Switzerland doesn't mean it's the expensive best or even the equal to a well made Chinese movement.
So am I still ok to use this male enhancement honey? So far my male seems about the same.
load more comments
(1 replies)
Wyoming strip mall’s owner is listed as Skyler White. Attorney is Saul Goodman.
view more: next ›