Why setting up a shell company makes sense

[texassapper]

From 2014 to 2019, Biden family members and their affiliate companies received over $15 million from foreign companies and foreign nationals in Ukraine, Russia, Kazakhstan, Romania, and China. Biden business associates received an additional $9 million. The money was transmitted to Biden family members from foreign sources through an exceedingly complex chain of transactions that made it difficult to track the flow of these funds.

Nobody ever created a shell company to make ownership transparent.

[Tiny]

I wrote a reply to ICU on this but can't find it. I'll repeat.

https://www.grassley.senate.gov/imo/...ey_-_biden.pdf

The link above is an FBI FD-1023 report, describing interviews with a confidential informant, "CHS. " CHS appears to be a small time investment banker who specializes in oil and gas. Zlochevsky is the owner of Burisma. Ostapenko was Burisma's chief financial officer. Shokin was the prosecutor general of Ukraine, who allegedly was investigating Burisma.

See this excerpt,

"Zlocehvsky asked CHS and/or Ostapenko if they read the recent news reports about the investigations into the Bidens and Burisma, and Zlochevsky jokingly asked CHS if CHS was an "oracle" (due to CHS's prior advice that Zlochevsky should not pay the Bidens and instead hire an attorney to ligitgate the allegations concerning Shokin's investigation.) CHS mentioned Zlochevsky might have difficulty explaining suspicious wire transfers that may evidence any (illicit) payments to the Bidens. Zlochevsky responded he did not send funds directly to the "Big Guy" (which CHS understood was a reference to Joe Biden). CHS asked Zlochevsky how many companies/bank accounts Zlochevsky controls; Zlochevsky responded it would take them (investigators) 10 years to find the records (i.e. illicit payments to Joe Biden)."

This may imply that Zlochevsky used "shell companies" to hide the source of payments to the Biden family. But he doesn't directly say that. And this is coming second hand through the FBI informant.

[eyecu2]

You mean like this guy:

Trump Campaign Shell Corporation Funneled $617 Million, According to Reporting Based on CLC Complaint, Campaign Legal Center (CLC) filed a complaint with the Federal Election Commission (FEC) alleging that the Trump Campaign laundered $170 million in spending to conceal payments to people close to the Trump family and campaign.

To conceal the campaign’s transactions to vendors, American Made Media Consultants LLC (AMMC), was used as a pass-through for payments that were directed to friendly political consulting firms, the president’s family members, or people who did not register the payments with the FEC.

By failing to report payments to the campaign’s true vendors and employees, the Trump campaign and Trump Make America Great Again Committee violated federal law’s transparency requirements and undermined the vital public information role that reporting is intended to serve.


https://campaignlegal.org/update/tru...ting-based-clc

Apparently that was how Trump wanted to make America Great Again. But then again, that tied Donnie directly vs the companies Joe's son created. But please deflect and do some what about_____, so we know that you really only care to point a finger at the Bidens.

[Tiny]

Originally Posted by eyecu2

You mean like this guy:

Trump Campaign Shell Corporation Funneled $617 Million, According to Reporting Based on CLC Complaint, Campaign Legal Center (CLC) filed a complaint with the Federal Election Commission (FEC) alleging that the Trump Campaign laundered $170 million in spending to conceal payments to people close to the Trump family and campaign.

To conceal the campaign’s transactions to vendors, American Made Media Consultants LLC (AMMC), was used as a pass-through for payments that were directed to friendly political consulting firms, the president’s family members, or people who did not register the payments with the FEC.

By failing to report payments to the campaign’s true vendors and employees, the Trump campaign and Trump Make America Great Again Committee violated federal law’s transparency requirements and undermined the vital public information role that reporting is intended to serve.


https://campaignlegal.org/update/tru...ting-based-clc

Apparently that was how Trump wanted to make America Great Again. But then again, that tied Donnie directly vs the companies Joe's son created. But please deflect and do some what about_____, so we know that you really only care to point a finger at the Bidens.

You failed to mention money channeled from Trump's PAC to pay legal fees. And he didn't need no stinkin' shell company for that!

Campaign finance is probably a better business than the Apprentice or licensing the Trump "brand".

Well, you may argue that Trump's a bigger crook, but there's no doubt that Biden's more senile.

Why can't America come up with better presidential candidates?

[1blackman1]

Because a certain set of people believe anything. No matter how asinine it is. Even people I’d personally think know better.

[bb1961]

Any self-reflection...

[1blackman1]

Don’t worry BB, you’re not included in the folks in #5’s last sentence.

[bb1961]

Are those rose colored glasses you wear from a well known designer...senile corrupt old goat and all the great things he has done for the country...ALL Americans need a pair of those.