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Items tagged with: Kushner
It seems as though Donald Trump’s son-in-law has mastered the art of the scam.
According to an investigation by the Senate Finance Committee, #Jared #Kushner’s private equity firm, Affinity Partners, has yet to return even a cent of profit to its foreign investors.
The shady firm has received billions from Saudi Arabia, Qatar, the United Arab Emirates, and other foreign governments.
In fact, 99 percent of the firm’s approximately $3 billion in funding came from overseas sources, according to a New York Times report that spurred the Senate investigation.
Yet Trump’s son-in-law has returned ➡️ no profit to the governments.
All the while, it’s estimated his firm has pocketed an additional $112 million in fees from the governments since 2021, according to the findings.
“Affinity’s investors may not be motivated by commercial considerations but rather the
💥opportunity to funnel foreign government money to members of President Trump’s family,
💥namely Jared Kushner and Ivanka Trump,” wrote Senator Ron Wyden, head of the Finance Committee, in a letter to the company this week.
newrepublic.com/post/186380/ja…
Jared Kushner’s Shady Firm Exposed for the Saudi Scam It Is
Jared Kushner’s Saudi-backed Affinity Partners is somehow still reporting zero profits, a new report reveals.The New Republic
Looks like Trump’s son-in-law Jared Kushner has done a lot better that #HunterBiden!
#Kushner’s Fund Has Reaped Millions in Fees, but So Far Returned No Profits
The private equity firm run by #JaredKushner, the son-in-law of former President Donald J. #Trump, has been paid at least $112 million in fees since 2021 by #SaudiArabia and other foreign investors, even though as of July it had not yet returned any profits to the governments largely bankrolling the firm
nytimes.com/2024/09/25/us/poli…