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Crap At Business, Great At The Con

“In one 1987 scheme, Fred Trump paid $15.5 million for a stake in Donald’s Trump Palace condos in Manhattan in 1987. Four years later Fred dumped his holdings, collecting just $10,000. That created, on paper, a big tax loss while transferring wealth from father Fred to favored son Donald. This disguised gift allowed the family to evade income and gift taxes totaling about $8 million.”

David Crook

The Full Story

My Thoughts

‘Crook’ by name - not by nature … I’m talking about David.

Trump on the other hand … with a name like that you would have thought Casinos would have been right up his street.

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