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How does someone who was sued for everything and declared bankruptcy come up with 8 million in cash in a shell corporation so quickly?
by zdw 2y ago
How does someone who was sued for everything and declared bankruptcy come up with 8 million in cash in a shell corporation so quickly?
- xnx 2y agoThere have to be dozens of billionaires that would give out that type of pocket change to "own the libs".
- yalogin 2y agoBecause he stashed away all his earnings using may layers and indirection, and our government systems are not equipped or not motivated to find them all?
- NotYourLawyer 2y agoDoubt it. You can bet the bankruptcy judge will be taking a hard look at where these funds came from. More likely he just has wealthy friends/allies.
- deleted 2y ago[deleted]
- reverendsteveii 2y agoThe ultra rich have a direct line to the people who decide how these laws work. There are commonly-known, well-documented ways to shield your assets from bankruptcy or from judgments, and no one will do anything about them because they can't risk losing the support of the oligarchy.
- NotYourLawyer 2y agoOligarchs don’t declare bankruptcy very often.
- reverendsteveii 2y agonot personally, but their businesses do pretty regularly. to them it's just a tactic, a way to fail upward
- NotYourLawyer 2y agoBusiness bankruptcies almost inevitably wipe out the shareholders in favor of the creditors. That wouldn’t do any good for the “oligarch” owners.
- gorbachev 2y agoHe's got morally questionable rich people in his corner and they either donated or lent the money to him.
- deleted 2y ago[deleted]
- actionfromafar 2y agoBannon?