REPORT: Trump Had Illegal Business Dealings In Cuba Under Fidel Castro
MSNBC’s Rachel Madow just revealed an excerpt of tomorrow’s Newsweek cover story by Kurt Eichenwald that shows that Donald Trump had conducted illegal business in Cuba through a shell company that retroactively made the dealings appear to be charitable.
According to the report, a company controlled by Trump secretly conducted business in communist Cuba during Fidel Castro’s presidency despite strict American trade bans that made such undertakings illegal.
Documents show that the Trump company engaged in substantial monetary transactions in Cuba at a time when the corporate expenditure of even a penny in the Caribbean country was prohibited without government approval. But the company did not spend the money directly. Instead, with Trump’s knowledge, executives funneled the cash through an American consulting firm called Seven Arrows Investment and Development Corporation.
Once the business consultants traveled to the island and incurred the expenses for the venture, Seven Arrows instructed senior officers with Trump’s company, then called Trump Hotels & Casino Resorts, on how to make the venture appear legal by linking it after-the-fact to a charitable effort.
Joy Reid took to Twitter to break the news:
Given the strongly negative opinion that most Americans have held about the Castro regime, the news should give Clinton a bump in the polls.
While this may not have an impact on his supporters — because they’re not going to suddenly care, this is going to hurt Trump with Floridians, who overwhelmingly oppose normalizing relationship with Cuba.
The report just confirms what many people have been saying for months: The GOP presidential nominee should be under criminal investigation.