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OK, look. It’s hardly news that Donald Trump lies.
But we can’t NOT tell you about the biggest lie ever, the lie everything is based on.
We’ve all heard about the “million dollar loan” Trump says he got from his daddy, something he has also called “peanuts.”
Well, that’s B.S. According to a BOMBSHELL New York Times report Tuesday on the finances of Fred Trump, culled from “tens of thousands of pages of confidential records” including legal documents and over 200 tax returns.
The Times says he started receiving payments from his father from the time he was 3 years old and “was a millionaire by age 8.” In total, the POTUS who rails against “the elite” on the regular got the equivalent of…
And another $61 MILLION in loans!
“Peanuts.” This a-hole who acts like he’s one of the people.
Not only that, the bulk of money from his father reportedly came from “tax avoidance” and “potential fraud” schemes, such as setting up shell corporations and claiming gifts of real estate were worth less than they are.
Oh, this is Fred Trump BTW.
holy sh*t fred trump pic.twitter.com/fOht6d1bJS
— eve peyser (@evepeyser) October 2, 2018
Yeah, we know, but…
Trump’s parents look like they’re secondary characters from a Tim Burton movie come to life pic.twitter.com/0EHsOUlaaP
— Parker Molloy (@ParkerMolloy) October 3, 2018
Yes, yes, but we have got to stay on topic here!
The outlet says Fred gave his children equal shares at first — until Donald’s business kept failing, and he needed to be bailed out.
According to journalists from the time, Fred once bought $3.5 million in poker chips from son’s casino then didn’t play a single game — just to sneak his son the money to pay off a bond payment without being taxed.
Even with all that, it seems Donald kept skimming money off the top, paying himself for jobs he wasn’t doing — like managing an apartment building the the two co-owned.
According to legal depositions, Trump tried to change his father’s will before he died “in a way that Fred Trump, alarmed and angered, feared could result in his empire’s being used to bail out his son’s failing businesses.”
And after Fred died, Donald apparently “sold his father’s empire for hundreds of millions less than it was worth.”
This is who the Trumps are. The rich doing everything they can to avoid paying back anything into the system while the poor are stuck paying their share.
Men who poop in golden toilets and raise rent for no good reason on apartments.
Oh yeah, Trump’s attorney, Charles Harder, was quoted in the story as saying:
“The New York Times’s allegations of fraud and tax evasion are 100 percent false, and highly defamatory. There was no fraud or tax evasion by anyone. The facts upon which The Times bases its false allegations are extremely inaccurate.”
[Image via Dennis Van Tine/Future Image/WENN.]
The post Donald Trump Reportedly Took HUNDREDS OF MILLIONS From His Father Through Various Schemes! appeared first on Perez Hilton.
Read more: perezhilton.com
Will is the Executive Managing Editor at Feedster. Will and his team from Full Epic Lead Generation work with venture capital, marketing co-ops, and companies to attract and gain qualified leads.
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