hanse_mina , to random
@hanse_mina@mastodon.social avatar

Donald Trump’s social media company Trump Media managed to go public last week only after it had been kept afloat in 2022 by emergency loans provided in part by a Russian-American businessman under scrutiny in a federal insider-trading and money-laundering investigation.

Through leaked documents, the Guardian has learned that ES Family Trust operated like a shell company for a Russian-American businessman named Anton .

https://www.theguardian.com/us-news/2024/apr/03/trump-media-es-family-trust-2022-loans

wendysiegelman , to random
@wendysiegelman@mastodon.social avatar

Trump Media saved in 2022 by Russian-American under criminal investigation

Last year The Guardian reported on $8 million loans made in 2022 to Trump Media that went through Paxum Bank from ES Family Trust run by Anton Postolnikov, nephew of Putin ally Aleksandr Smirnov

Today's story adds new info, including that loans had promissory notes that would put ES Family Trust stake in Trump Media at $20-$40mil

#Trump #TrumpMedia #Russia #PaxumBank #ESFamilyTrust #Postolnikov

https://www.theguardian.com/us-news/2024/apr/03/trump-media-es-family-trust-2022-loans

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