Casino Owned by Presidential Candidate Donald Trump Violated U.S. Money Laundering Laws Repeatedly

Federal law enforcers fined gaming company more than $10 million for leaving “financial system unacceptably exposed” to criminal activity

Originally published Oct. 23, 2016, at NarcoNews.com

By Bill Conroy

Republican presidential contender Donald Trump has billed himself as a law-and-order candidate and even claims his opponent, Democrat Hillary Clinton, should not be allowed to run for high office because of her alleged past crimes — although she had never been indicted, much less convicted of a crime.

Trump, as an owner and a top executive overseeing Trump Taj Mahal casino in Atlantic City, New Jersey, however, flouted U.S. money laundering laws for years, contributing to a decision last year by the federal Financial Crimes Enforcement Network, or FinCEN, to fine the casino $10 million for “willful and repeated violations” of U.S. law. Those violations involved transgressions of the Bank Secrecy Act (BSA, also known as the Currency and Foreign Transaction Reporting Act), which, in part, is designed to prevent money laundering by terrorist groups, corrupt foreign leaders and criminal organizations.

“Trump Taj Mahal has a long history of prior, repeated BSA violations cited by…