Trump stands to gain billions… from the merger between TrumpMedia & Tech & the blank-check co [#SPAC] #DWAC, which took the parent company of #TruthSocial public.
…#ESFamilyTrust was established on 18 May 2021, creation papers show. Postolnikov’s “user” access to the acct was “verified” on 30 Nov 2021 by a #PaxumBank mgr in Dominica.
The #ESFamilyTrust was funded for the first time on 2 Dec 2021.
#TrumpMedia then received the #loans:
$2m on 23 Dec 2021, & $6m on 17 Feb 2022.
The loans came in the form of convertible promissory notes, meaning ESFamilyTrust would gain a major stake in #Trump Media because it was offering the #money in exchange for TrumpMedia agreeing to convert the loan principal into “shares of Company Stock”.
Last month, #federal prosecutors charged #MichaelShvartsman, a close assoc of #Postolnikov, w/ #MoneyLaundering in a #SupersedingIndictment after previously charging him & 2 others in Jul w/ #InsiderTrading#DWAC shares…
At least part of the #evidence against Shvartsman came from a CI for DHS, court filings show: in one March 2023 meeting w/the informant & an associate, Shvartsman mentioned a friend who owned a bank in Dominica & made bridge loans to #Trump Media.
One of the guys who pleaded guilty today in Trump media-related insider trading charges that date back to 2021. He's a resident of Sunny Isles Beach, FL, which Trump helped turn into "Little Moscow" by selling condos with less-than-normal ownership transparency. Anyhoo, feds a few years ago accused him of running a club funded by the Russian mafia. #Trump#TrumpRussia#TrumpMedia#TruthSocialhttps://www.ft.com/content/38fdc2e1-bd36-4da9-bbd7-bb33e3fcfab1
" ES Family Trust operated like shell co. for a Russian-Am businessman Anton Postolnikov, who co-owns Paxum Bank and has been a subject of a years-long Fed criminal investigation by
FBI and DHS."
[The Washington Post] Sam Bankman-Fried sentenced to 25 years in prison
Sam Bankman-Fried, the former crypto mogul who co-founded FTX, also was ordered to repay more than $11 billion for his conviction on charges related to fraud and money laundering.
By Shayna Jacobs and Julie Zauzmer Weil
@GottaLaff In a just world, scumbag Putin-fellater #Trump would be tried and convicted in the ICC of #espionage, #moneylaundering, #terrorism and the ensuing #massdeath of all his shitty ideas and put to death. This malignant tumor masquerading as a person is a rabid dog that needs to be put down. Everything the piece of shit touches dies.
The #ConservativePartnershipInstitute (#CPI) has become a breeding ground for the next generation of #Trump loyalists & an incubator for policies he might pursue. Its fast growth is raising questions.
The group’s top exec, #JimDeMint, the fmr SC US senator, was there, as was #MarkMeadows …who is paid $847k annually as the org’s snr adviser. More than a dozen members of the #House#FreedomCaucus also turned up, as did #MollieHemingway, the editor in chief of the #RightWingjournalism website #TheFederalist, whose parent company #CPI helps underwrite.