this post was submitted on 29 Jul 2025
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Something I just found out about that, it went bankrupt after his dad bought 300,000,000 in chips with no intention of cashing them out.
Even if it was a mob front, especially if it was a mob front, that's just fucking insane. Being a front means a guaranteed profit for the business.
Like, honestly trump has to be the best money launderer to ever live, because he got his 'clients' money washed with over a 100% return.
And every indication, trump is dumb enough to think that's a good thing.
It just occurred to me that it might be possible to launder money through loses and insurance instead of generating clean profit.
Like say he stiffs a contractors who's both insured and in on it. They pay their workers dirty money under the table while the clean money comes from the insurance policy.
Nah, because there's no way to really wash money doing that.
That's just insurance fraud lol.
What I meant was, even before the washer takes a cut, it costs money to wash it. Maybe 30% gets lost in the wash, then 10% for the washer, you get 60% back and that's good enough.
With trump, you pay him 100k dirty money, he gives you back 120k in clean money, and is happy because you said he was the best.
Like, sure, sounds to dumb to be true. But remember we're talking about how to bankrupt a corrupt casino. The answer is going to sound incredibly stupid, it's have to be
If you want to argue that I'm calling fraud laundering than fine youre correct. But I think you're confusing the cup and ball game I'm describing for a washing machine.
No you build him 100k of work which he doesn't pay you for. You pay your (illegal) workers dirty cash under the table. Insurance company pays you the 60% of the contract value.
It's a quid quo pro.