The bombshell New York Times story that revealed that Trump has held a hidden-from-the-public Chinese bank account identified the LLC with the account as “Trump International Hotels Management” in Delaware. In New York, where the LLC holds a branch and where corporate data is public, Trump used a company incorporation service to mask who controlled the entity.
The Times reported that in 2017 the LLC had a huge influx of revenue which was subsequently withdrawn by Trump. In total, Trump appears to have pocketed over $15,000,000 from unknown sources in 2017, his first year in office.
Trump’s 2017 withdrawal of over $15,000,000 from the account does not appear to match with his 2017 financial disclosures filed with the United States Office of Government Ethics. In those documents Trump showed just over $1,500,000 in income from the company with a Chinese bank account, chalking up the income to “management fees”. The value of the company overall was listed as, “over $50,000,000”.
By hiding his bank account in China from the American public throughout the first term of his presidency, Trump made himself susceptible to financial compromising material. Such situations in which a foreign government has knowledge of the personal finances of a sitting US president has raised serious concerns among former counterintelligence officials. https://forensicnews.net/2020/10/21/records-show-trumps-middle-east-envoy-incorporated-company-with-chinese-bank-account/
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