GOP Strategist: Billions In Trump Donations Went Into “Financial Black Hole” Controlled By The Trump Family

[NoleATL]

GOP Strategist: Billions In Trump Donations Went Into “Financial Black Hole” Controlled By The Trump Family​

August 26, 2024

The New York Times reports:

Anyone who has spent time reviewing Donald Trump’s campaign spending reports would quickly conclude they’re a governance nightmare. There is so little disclosure about what happened to the billions raised in 2020 and 2024 that donors (and maybe even the former president himself) can’t possibly know how it was spent.
Federal Election Commission campaign disclosure reports from 2020 show that much of the money donated to the Trump campaign went into a legal and financial black hole reportedly controlled by Trump family members and close associates.
During the 2020 election, almost $516 million of the over $780 million spent by the Trump campaign was directed to American Made Media Consultants, a Delaware-based private company created in 2018 that masked the identities of who ultimately received donor dollars/

Read the full article. The linked piece is authored by a top Republican strategist.

 

[CarolinaHawkeye]

Grift is the only way his family are billionaires, or even millionaires. or most likely, operating in the black. It certainly isn't business skills.

 

[Funky Bunch]

Those poor donors. How could they ever have known this would happen?

 

[Huey Grey]

Good. Keep giving, Rs. Give until it hurts.

 

[St. Louis Hawk]

That doesn’t sound like something Trump would do.