Trump Can Profit From Luxury Condos With Buyers Kept Secret

President Trump's companies own more than 400 luxury condos, penthouses and home lots coast to coast and anyone can buy them without the public knowing who they are, a USA Today investigation has found. And unlike developments where Trump licenses his name to a separate developer for a flat fee, these individual properties directly owned by his companies ultimately enrich the President personally.

From USA Today:

The volume of real estate creates an extraordinary and unprecedented potential for people, corporations or foreign interests to try to influence a president. Anyone who wanted to court favor with the president could snap up multiple properties or purposefully overpay. They could buy in the name of a shell company, making it impossible for the public to know who was behind the sales.

 

 

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