Whom Did Trump F*Over on His 6 Bankruptcies If You Can't trust The president?
Who got hurt in Trump's six bankruptcies?
The banks he borrowed and all the vendors and sub contractors who worked for him and had signed contracts.
Trump borrows his money from Banks he receives progress payments for his projects, he doesn’t pay his sub contractors and keeps the bank funds for his personal use. When the banks and sub contractors sue him for the money he owes he claims bankruptcy and everybody gets screwed due to Trumps greed he is a master at this process and a scam artist.
Example Atlantic City he ordered 5 pianos from a small vendor then refused to pay him. The vendor had no funds to hire an attorney and Trump put the guy out of business. This piano vendor owned a small piano tuning business and only sold maybe 3 or 4 pianos a year so when he got the order from Trump for 5 pianos for his Atlantic City casinos the owner was thrilled but little did he know Trump had no intentions of paying him.
Trump steaks which was a big scam. Trump made a deal with a small local meat market. The owner bought the steaks packaged the steaks under the Trump label shipped the steaks for Trump and all Trump did was market the steaks under his label collected the money and never paid the meat market. Again the meat market was to small to sue Trump.
Another example was the paint spot and small paint distributor out of Miami Trump ordered over $250,000 worth of paint from the small paint store to paint his new club house in Mar-a-Largo and never paid him again a small distributor did not have the money to pay him.
This a typical MO of Trump he deals with small distributors then doesn’t pay them.
Trump has been screwing small business for years he is a master at screwing people because he knows they haven’t the funds to hire an attorney and fight Trump in court for years.
Then when a vendor or Contractor does get Trump into court he either files bankruptcy or negotiates a buy out.
He refused to pay for police protection on localities, they got stuck with thousand to $millions |
Trump has been sued over 3,900 times and has lost or negotiated a lower but out. He’s a scam artist and always has been.
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