After nearly half a billion dollars in legal judgments against him this year, Donald Trump’s company opted to offload one of his private jets this month, public filings show. And the buyer is a Republican megadonor who poured nearly $250,000 into a political committee tied to Trump’s 2020 campaign.
The plane, a 1997 Cessna jet, is worth in the range of $10 million, according to evoJets, though terms of the transaction couldn’t be confirmed.
Federal Aviation Administration records show that on May 13, the aircraft’s registration changed from the Trump Organization’s DT Air Corp to a Texas entity called MM Fleet Holdings LLC. State records tie that company to Mehrdad Moayedi, an Iranian-American construction and development tycoon who lives near Dallas and runs Centurion American Custom Homes.
Why “own” a jet when a billionaire will just let you continue to use it for free? Bullshit like this just looks like an illegal campaign donation.
I thought providing goods and services had to be tracked like cash donations.
It technically does! But the organization overseeing adherence to that rule is the FEC and the FEC has been handicapped to the point of essentially not existing.