28-05-24, 16:17
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TRUMP Crime Syndicate; Unclaimed Property/Abandoned Money in 16 States
TRUMP Has Unclaimed Property and Abandoned Money in at Least 16 States
What do Trump University and Trump Taj Mahal have in common — other than being among the failed businesses of Donald Trump?
They still have unclaimed assets in New York and New Jersey, according to online public databases. That’s just for starters.
MSRAW 28 MAY 2024
Analysis showed Trump having unclaimed assets in at least 16 states plus the District of Columbia. In Florida alone, the state’s chief financial officer earlier this month informed Trump that he has $54,000 in unclaimed property.
This might not seem like much relative to Trump’s wealth. But Trump is leaving money on the table — potentially hundreds of thousands of dollars or more — while running up staggering legal expenses to defend himself against 88 felony counts across four criminal trials.
Donors are meanwhile contributing millions of dollars to pay Trump’s legal bills. Trump also trails substantially in fundraising for his presidential campaign against President Joe Biden, the presumptive Democratic nominee.
A conservative count from online records showed at least 137 instances in New York of Trump having unclaimed property — for his current and former businesses as well as himself, individually.
That includes four potential claims for the defunct Trump University, which paid a $25 million settlement in 2018 to students who said they were defrauded.
The unclaimed money comes from companies such as eBay for “undelivered goods/services” and Amazon for “outstanding checks issued to vendors.
”In New Jersey, Trump has at least 40 instances of unclaimed property.
That includes the Trump Taj Mahal hotel and casino, which closed in 2016 after Trump proclaimed it the “eighth wonder of the world” when it opened in 1990. It sold for pennies on the dollar, but it still has money to its name at the New Jersey Treasury.
There are at least 10 instances of unclaimed property for Trump Taj Mahal. New Jersey does not list the source or reason for the unclaimed money.
New York and New Jersey do not publicly disclose the value of unclaimed property until a request for payment has been approved.
Trump’s campaign did not respond to a request for comment.
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