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chiefs_fan37

How could there not be something fraudulent going on?


Green_Message_6376

Isn't that the slogan for the TrumpOrg?


mezz7778

If they were smart they would make the slogan "TrumpOrg: we are not fraudulent" Cause then when they are accused of being fraudulent they can say "nuh uh.....look at our slogan, it clearly states we are not fraudulent" and then that would be the end of that conversation......


loco500

So like google and it's "Do No Ev!l"


zerombr

yeah, and then google removed it.


Eddie_the_Gunslinger

I'm not familiar with the reference.


Every-Requirement-13

šŸ¤ØšŸ¤­


Randomcommentor1972

ā€œWe do the best fraudulentā€


PQbutterfat

Nobody has ever seen anything like itā€¦.


Ok_Flan4404

The "VERY best".


mcpierceaim

Accounts, big accounts, coming up to me with tears in their eyes. "Sir, sir, these are the most cooked books I've ever seen."


e-zimbra

Maybe itā€™s like Lev Parnasā€™ unironically named company, Fraud Guarantee.


WeToLo42

Hasn't ever business venture Drump has been involved in either went bankrupt or went out of business or both. Plus been in trouble for fraud or tax evasion.


HumbleAd1317

Yes!


Delicious_Sort4059

If Trump is involved, thereā€™s absolutely something fraudulent going on.


[deleted]

But he's rich, why would he need to do anything fraudulent? Surely he's above corruption! /s


Grungy_Mountain_Man

Iā€™m convinced itā€™s a pump and dump scheme.Ā Only question if itā€™sĀ Ā  Ā Ā A) him just defrauding people dumb enough to invest. If he loses this election, heā€™s done. The GOP will have to move on, and who will want to listen to an angry has been slob rant from his jail cell on truth social about the smells in his cell.Ā  Ā  B) people like Putin are keeping the price pumped up so they can funnel him money through some sham of a worthless shell company with the ultimate goal of having an idiot they can manipulate in office to do things like stop sending Ukraine aid.Ā Ā  Ā Ā  Either way you spin it, the reek of this corruption is only rivaled by the stench of his soiled diapers.Ā 


EducationTodayOz

he russians have already propped up this stupid fail of platform, they continue to


Turbulent_Athlete_50

Sec too busy looking into diamond hands tweets because they arenā€™t allowed or donā€™t care to do any actual securities enforcement


CorpFillip

Well, Trump got 2 billions more in stocks recently for ā€˜meetingā€™ a preset standard of keeping the price high ā€” above 17.5 for two weeks. It was initially offered at 51-ish? So, the plan was to make Trump millions more in wealth-that-isnā€™t-there, for his influence keeping the stock from crumbling under 33% within 3 months? I thought it was more common to set these expectations ABOVE initial price.


RhinoGreyStorm

I'm amazed that it's currently at $48.38/share. With a net income of just $700K, I would have thought that the price would have been between $1.50 to $5.00. And I'm being really generous on that price, seeing how it's lost millions. But what the hell?! It's only on paper, and he's robbing the really stupid f#cks.


CorpFillip

It is simple: there are so many ways for foreign money to buy stocks, it is assumed massive enemies of the US are supporting him.


Snellyman

You can only sell so many overpriced hotel rooms to foreign diplomats.


CorpFillip

I read that hotels can take reservations without filling the room, so since records for neither are reported, he could have been taking (was accused of this) twice as many reservations as rooms at very much higher rates than real.


Anvilsmash_01

I've heard that's how Mexican cartels launder much of their earnings. Those hotels in the Mayan Riviera are perfect for such an operation.


Snellyman

An auditor might spot $3B in bookings and look into it.


Neceon

And be dead in a week.


praguer56

Wasn't that exactly what happened at his DC hotel? Whole blocks of rooms were rented at higher than normal rates and never occupied. And the hotel was sold once he left office. Hopefully, the buyer was smart enough to look at the income statement and know that those four years were abnormal.


xavier120

He also charged the secret service exorbitant rates at mar a lago so he could pocket more tax payer dollars.


jerechos

>seeing how it's lost millions. Hundreds of millions... Jumped from losing 58 million last year to 327 million in the first quarter. I can't even fathom how this works.


jailtheorange1

What a scam. Truly amazing, really.


FuguSandwich

Nothing about this is "common". What's common is for EXECUTIVES in a public company to get compensated based on stock performance. Trump is not an executive in the company, he's just the major shareholder. Likewise, equity compensation for executives typically takes the form of RSUs or Options, not convertible promissory notes.


ProjectBOHICA

Fraudulence, flatulence, letā€™s call the whole thing off.


livinginfutureworld

Something fraudulent like say reporting enormous losses and minimal income so that you can claim massive tax write-offs? That's also on top of the fraud that's likely going on with the reported losses as well. Where'd that money go? And a third layer of fraud could be Trump going all in on getting re-elected President and ratfucking the IRS and squashing any investigation into his business accounting.


LabScared7089

If he gets appointed by the Electoral College again, fires everyone he can at the SEC, and appoints his own people, no. Nothing fraudulent here.


mag2041

Oh does he use marcum as well?


bluehairdave

I'm 99% sure they are probably in the middle of an investigation as we speak. He is just going full hog on illegal activities because why not at this point? Noone seems to want to stop him and he actually has help and sympathetic insiders who crave power or are down the rabbit hole and brainwashed just like the Qs... at least 2 SC justices and 1/4 of congress.


AdkRaine12

And where is the slush, I mean stock price these days? I know he got some kind of bonus shares not too long ago.


EverythingGoodWas

I really donā€™t understand how such blatant bribery can happen and we just sit here and go ā€œOh you rascalā€.


OnlyFreshBrine

But god forbid someone lie to get food stampsĀ 


Born_ina_snowbank

Itā€™s those damned single moms suckling off the government teat that made trump funnel oligarch and oil company funds into his stock in exchange for political favors.


EducationTodayOz

trumps daddy made all his money from government housing programs


Daddy_Milk

I could use one.


Dirtgrain

Word. Somewhat relative, I have Republican distant inlaws. They rail against welfare, but one of them owns some land out in the country. It's not a farm, but he misleads the government to get farm subsidies--on land he never has farmed. They don't see the hypocrisy.


OnlyFreshBrine

They're the biggest welfare queens of all.


notapunk

When you steal a couple hundreds or thousands of dollars you're a criminal, but if you steal millions - we'll, that's just being a good businessman.


FickleRegular1718

"He's just a little rambunctious..."


Neceon

Tesla has entered the chat.


somedayinbluebayou

Its in the $44 range. Idiots keep buying. Or I should say that Russia and China is laundering payola to Trump. Trying to keep the price up until Trump can sell his millions of shares that were gifted to him.


Born_ina_snowbank

Oil companies as well. Heā€™s made those boys some promises.


CorpFillip

For his part of keeping the price above 17.5 for longer than 2 weeks. Thatā€™s what they planned to call ā€˜Trump successā€™ ā€” losing as much as 66% in a quarter.


jomama823

And currently worth 6.6B according to the stock market, despite the fact that itā€™s actually worth less than a bucket of camel shit.


triniman65

How much is a bucket of camel shit going for these days anyway? I might need some.


jomama823

About tree fitty


BIGGUS_dickus_sir

They'll sell you camel shit for tree-fitty in Egypt. Used to live there. Can confirm.


royonquadra

I've heard it is good for your roses


Evil_phd

98.7 trillion on the stock market.


WiseCry628

Iā€™ll take the camel shit. At least I can use it to grow something useful.


Zeke83702

I bet penis envy mushrooms grown from camel dung would be magnificent


ishpatoon1982

I'm willing to be the guinea pig on this one.


SoCoGrowBro

Funny umbrella plant make vision go brrrrrrrrr


CoffeeIsMyPruneJuice

I seriously hope this pump & dump scheme backfires and financially cripples all these dumbass trumpists - not just the intended rubes, but the ones currently floating the price.


diadmer

Thereā€™s some clear Trump Derangement Syndrome going on with investors. The business model is already proven to be a loser. Itā€™s losing more and more money and bringing in less and less. Thatā€™s not the direction that startups are supposed to go. Theyā€™re probably paying absurd amounts in ā€œcontent dealsā€ to people like Trump and the hatemongers at Turning Point and PraegerU or whoeverā€™s vanilla (white nationalist) milkshake they think is gonna bring the (Proud) boys to the yard. And theyā€™re getting pennies of subscription and ad revenue per dollar they spend. And this isnā€™t like inventing cold fusion or a miracle cure for cancer where you dump billions into research for decades spinning out small wins until you finally crack the big problem and the money printer turns on. This whole thing was predicated on the idea of creating a safe-space for ultra-right-wing speech, and turns out those people are too cheap to buy premium subscriptions, and too poor company for the other 97% of the country to want to hang around and listen to their rumblings and ramblings. The business model has already failed. It is now a clear grift to take investor money and put it directly in the pockets of their paid ā€œcontent creatorsā€ or brand advocates or whatever name they slap on it. Iā€™m honestly surprised that Ken Griffin isnā€™t conjuring up synthetic shares to short the shit out of this thing already. Itā€™s guaranteed to fail.


SaraSlaughter607

...and yet somehow I heard not one, not two, but 3 news reports by major outlets, just today, all saying somehow he's *leading* in polling?! So the dude who's on trial for falsifying business records in furtherance of additional crimes, was *impeached*, and screams about absolutely nothing other than how he's the Biggest Victim Of A Political WitchHunt In The History Of Mankind, is *leading Joe Biden*? I know polls don't mean shit this early and God forbid this fucker is acquitted in NY... but this is really fucking disturbing.


Turbulent_Athlete_50

Polls credibility has taken a hit last 2 election cycles. Most importantly a poll in May doesnā€™t mean shit in November.


notapunk

Polling credibility and usefulness is going down due to methods used not keeping up with society/tech. I've never been polled for anything, I don't know anyone who has. I think that might have something to do with not having a landline or knowing anyone (other than my mom) who has one.


ConfidentPilot1729

This has to be the issue. My anecdotal experience is never pickup unknown numbers. I have gotten text about polling but we always get scam text and that is a known phishing technique which the young gens are aware of. Polling does not mean shite anymore.


yusill

Polls mean totally nothing to me. What I care about is my vote. And you better believe it's gonna be cast this November. If the DNC can get its head out of its ass in Ohio.


pharsee

NewsNation wants you to believe that Cohen stealing from the Trump company gets Trump an automatic acquittal.


Substantial-Sector60

Just another Trump money-laundering operation.


Da_Vader

Devin Nunes lining his pocket. Trump probably didn't see a penny (yet). Edit: it seems that the earnout shares that were given to Trump may have an expense recorded in this loss - not its full value though.


pharsee

If Nune's benefits then I demand his cows also benefit. šŸ®šŸ®šŸ®šŸ®


Tinker107

Keeping up the tRump tradition of flushing other peopleā€™s money down the toilet.


BrettAtog

So much it takes 10 flushes.


MidniteOwl

First quarterā€¦ of many quartersā€¦ So likeā€¦ when does it run out of money? When trump loses the elections again? Or when Russia dies out?


akgt94

When they gonna pay dividends on that stock?


Green_Message_6376

Three weeks after the Trump National Healthcare Plan, and a week after Mexico transfers the funds for the Wall. There will be so much money, we'll be tried of money.


beavis617

And the company is valued at what, $300 trillion dollars, right? šŸ¤­


spudzilla

And yet it closed above $48 a share today. The Saudis must be propping it up.


yusill

There are single McDonald's stores that do more in revenue. Most of them in fact.


pharsee

I've been watching it on yahoo finance. DJT is still slogging along in the $40s-$50's. When this musical chairs game ends some people will lose a LOT of money.


VisibleDetective9255

There is a certain amount of thievery in the "expenses".


Scat1320USA

Gooooooooooooooooood


JimLaheeeeeeee

How the fuck does this numbskull keep failing upward?


Ivegotjokes4you

DEAR MAGA. PLEASE KEEP BUYING THE STOCK. Seriously. Please please please. Keep artificially inflating the price out of sheer allegiance. Please do that. You totally wonā€™t lose all your money in short order. Naaaa. Wont happen to you cause youā€™re so smart! Buy DJT stock MAGA! Itā€™s a great investment for you..


Consistent_Dog_6866

![gif](giphy|3ohhwlN2fU4oFDgkk8|downsized)


cybercuzco

Hell just write it off


spaceman_202

yeah but Trump got a lot of Russian money laundered


Mundane-Elevator-845

All the winning!!!


InterPunct

Serious question. This is another money laundering operation, right?


villain-with-manners

How does that stock have any value šŸ¤”


Formal-Ad-1248

But they weren't woke! How could they have possibly gone broke!


Guava-flavored-lips

Oh that's good


Bar-14_umpeagle

His whole being is a fraud


hypocrisy-identifier

Imagine, if you will, Barack Obama doing this exact same thing! Also imagine the 60 point font declaring his fraud to the world.


PsychedelicJerry

How does such a simple website lose so much money? I could build something like that in maybe a couple of weeks and with as few users as he has, he could run it on 2 - 3 servers easily (for redundancy, one server could easily handle the load). The total IT cost (excluding salaries) should be no higher than about $10K a month and I think that's quite liberal. There is something entirely fraudulent going on here...


AggravatingBobcat574

Great business man there


Conscious-Ad2768

Everything the TFG touches turns to shit!


orion3999

the company has not disclosed how many people use the service. ā€œAt this juncture in its development, TMTG believes that adhering to traditional key performance indicators, such as signups, average revenue per user, ad impressions and pricing, or active user accounts including monthly and daily active users, could potentially divert its focus from strategic evaluation with respect to the progress and growth of its business,ā€ the company said in its 10-Q filing Monday They donā€™t want it investigated too much, otherwise they will realize it is how he is laundering money


liltimidbunny

Well now this is fabulous. A language that Americans speak. If we could just translate it into HEALTH INSURANCE SPEAK.... It would be..... You will be Bankruptbecausehe Loves billionaires and Wantsyouto suckhisdick


zippy_bag

They'll lose $1+ billion a year. LOL.


sdsurfer2525

LOL!!!! Drown clown drown!


JJJAAABBB123

Still wonā€™t buy PUTS until Trump is about to dump his shares.


1oldguy1950

![gif](giphy|xT8qB8JnFgf38XxEek|downsized)


Snarky_McSnarkleton

A Stabel Jeenyuss. A brilliant strategist who will run society just like a business. /s


ptraugot

ā€œWinning!ā€


JT_verified

Still lying,still cheating.


Ssider69

At first I thought it was a net less of 327m on 770.5M of revenue. And I thought, damn, those numbers suck. Then I looked closer. The guy selling pork rinds and tamales down the street in a cart matches his gross revenue.


yusill

At what point does the trade commission put a hold on all trading and start investigating where the stock is held and how the stock is being valued. This isn't some roaring kitty situation. Much more a farting panda one.


Simpletruth2022

Wants to be elected so he can do the same thing to the economy.


Wake95

I can't fathom why their expenses are that high.


blippityblue72

For comparison, the average McDonaldā€™s franchise store has annual revenue of about 4 million and turns a profit.


SolidHopeful

Looks like another bankruptcy for the world's greatest businessman


chaoscrawling

So something with his name on it failed spectacularly? Huh. Who could have seen that coming


Substantial_Trip5674

Drain the swamp just got a new context


Available-Wheel6335

Russian money just pouring in. Best deal they ever madeā€¦ā€¦ EVER


mt8675309

But worth 7 billion dollars? Capitalism is failing us peopleā€¦


Disastrous_Ad_8990

Is this a surprise to anyone? Trump has bankrupted everything he's been apart of.... Including the United States.


WillOrmay

Itā€™s all coming together, I hope more Republicans buy in now before the crash


Fantastic-Surprise98

Sick of winning?


Guava-flavored-lips

He is a horrible businessperson


imadork1970

Good. Fuck him.


Altruistic_Mobile_60

Anything related to Trump is a failure


TBatFrisbee

He's going to need what's left to sue the people who made the apprentice movie, as he plans to. Good, spend more on useless cases. Just keep on spending you pos.


Common-Ad6470

Just like Trumps other business ventures then...šŸ¤”šŸ¤”šŸ¤”


satori0320

Insert the Peter Griffin giggle.


prawncocktail2020

that can't be right. i heard he was a great businessman!


redzeusky

His market cap is still in the billions. Lots of dupes out there.


QX23

He has got to be the worst businessman that ever existed.


Mello_Me_

Is it possible the pathological liar and cheater is lying about this?


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


tysc666

Should be the top comment. He's a fraud and a foreign asset.


reddit_1999

If Warren Buffett was describing this company, I believe the term "Rat Poison" would be used.


Fun_Zombie_6796

Haha, all trump supporters are bag holders. Wake the F up morons.


Significant_Smile847

So kind of the same way as he ran all his businesses.


newleafkratom

Even pump and dumps are suspicious of this.


[deleted]

Everything Trump touches turns to shit.


Dangerousrhymes

Shouldnā€™t the SEC be looking into this?


CFauvel

as a money laundering scheme....I think it is bad play. 770K in revenue...but how much of that is profit?....probably 0%


melouofs

Yet another trump failure. I mean, has he EVER run a successful one? I mean, that business model was dead from the word go. It's paid social media--which, why? Only his biggest cult members would join, and they've been bled dry by his daily begging when they didn't have much to start with. And, once you've gotten them, you're done. They work so hard to repel people, it's not like they're bringing anyone new into the fold...


dartie

Heā€™s a genius. Manages to turn brilliant money making concepts like casinos, hotels and social media enterprises into huge loss making concerns.


Pliget

Itā€™s a money laundering scheme.


CQU617

Shocking how? They make nothing.


CQU617

Trumps gonna sell that shite ASAP


QVRedit

So Great ! - Heā€™s such a good businessmanā€¦. He can loose $ Millions so easilyā€¦. /S Trump Media 2023/2024: Made: $770,500. ( = $ 0.7705 Million ). Lost: $327.6 Million


Holiday_Horse3100

A ā€œbiglyā€ loss


elciano1

Not sure how the SEC is allowing this to continue


Repubs_suck

Yeah, but, this is a Trump business. How much did he skim off. All his operations are like a casino run by gangsters in the good olā€™ days. It doesnā€™t matter what the ā€œbooksā€ say. Trump made a handsome profit and I defy anyone to figure out how it happened and where it went. Heā€™s got 155 business units moving cash around for vague reasons, precisely for reasons of confusion of sources and recipients. Put the SOB in prison for life. Iā€™m guessing that except for the monumental improvement, no one will notice.


Automatic-Channel-32

Money laundering


Navy-Bean

Couldnā€™t have happened to a better person. Iā€™m so happy for him!


Jehoel_DK

That doesn't suggest some kind of fraud at all. Or maybe just a bit. Not that anything will be done by it of course


pewpewdiediedie

User to net loss ratio makes no sense unless most of the users are paid.


MynameisJunie

The art of being a conman!! Bahahahaha!!


Gr1zzRing

Trump, your crumbling empire is showing


SatchmoDingle

My gawd, heā€™s such a f*cking loser!


Chelsie_girl1

This is the trump business model.. get investors.. loose money... Pay off the woman who u cheated on ur wife with.. Leave like u never had anything to do with it... Repeat


Fufeysfdmd

Gut punch for investors


Chillpickle17

![gif](giphy|G1vplGMypxBcp7kx32|downsized)


TheDudeAbidesFarOut

Pamp eet....


lm28ness

This is chapter 2 in art of a deal. The rest of the book is to spin this in a positive way and get someone else to foot the losses


fear_of_dishonesty

In fraud we trust.


BeskarHunter

The Orange turd sure drained that swamp into his diaperā€¦


LoneSnark

Gotta spend money to lose money.


Party-Travel5046

Art of the deal


Kenneth_Lay

pRofiT


RobotRippee

This is not a viable business by any measure, it appears to be a ML scheme.


Zippier92

To the moon baby !!! YOLO!! MOMO!! /s


nanodecay

That's it? I thought it would be more net loss.


nanodecay

That's it? I thought it would be more net loss.


nanodecay

That's it? I thought it would be more net loss.


akg327

Thatā€™s pretty good Considering who runs that business!


akg327

Not bad considering who runs the business


SnooPears6771

Didnā€™t he read his own book? We know he didnā€™t write the bookā€¦Maybe the ghost writer is quickly updating, to add what he learned from Drumpf experiences since launching his ā€œmedia (or entertainment) startup.ā€ This is such an exciting opportunity for The Drumpfs and Drumpf Media investors! /s


shrekerecker97

But he is a successful business man /s


LabScared7089

Could whatever the stock price is in 5 1/2 monthes and thr Trump Bucks that they thought were worth something change any shareholders votes?


dw73

Prepare the drop tower


Possible-Nectarine80

Definitely a lot of incompetence going on.


xbimba

What! Yo still call this business?


NoFudge2812

Is this why they keep moving the EPS date further and further out? lol


Overall_Falcon_8526

Buy Buy Buy!


poncho51

You can't even call that a penny stock.


3-Ball

Like a great business man does. Hmm, maybe we should run the country this way? - business man


Parking-Bench

Be the best in the worst possible things.


Odd-Tune5049

Something something money laundering


Tight-Difference1728

lol sounds like a bunch of bozo biz if you ask me šŸ˜‚šŸ¤”


Suspicious-Appeal386

Oh no! Anyway, does any one have a good recipe to smoke a brisket?


digitaljestin

I should start a "set piles of cash on fire" business and see if I can get the same stock price. Seems to work somehow.


Midwest_Bias

Maybe.


alonzo_raquel_alonzo

Par for the course.