Interesting. I assume nothing will come of this because he's both the POTUS and rich enough to avoid complications, but it's still interesting to see how the sausage is made.
Yeah, he has no adversaries that would use this against him. No one stands up to Trump. I've never seen the news media and an opposition party roll over like this.
Honestly, I don't pay that much attention to American politics since there's enough to be worried about in my country, but iirc he openly admitted to obstruction of justice and to the Ukraine stuff post-impeachment?
I'm sure there's been other stuff too, he likes to brag.
Laundering money through banks is risky. The better option is to find private sources who are their own banks and not really scrutinized to a high degree. If Trump (idiot) can do this and get away with it, I can only imagine this is a common business model for billionaires that he's simply copied.