TRUMP ANTICS DURING ELECTION IS GRADUALLY CATCHING UP ON HIM

Former president Trump have been exposed again on how he raised money for his elections

TRUMP ANTICS DURING ELECTION IS GRADUALLY CATCHING UP ON HIM
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Trump made widespread use of prechecked boxes to automatically enroll donors into repeating donations unless they opted out. In Sept., as Trump faced a cash crunch, those recurring donations began withdrawing *every week*. Many donated unknowingly: Recurring money helped Trump at key juncture. Trump’s main campaign account issued $22.8 million in WinRed refunds after 11/3. That sum is more than half the $43.6 million it had in the bank on 10/15. (Note: Not all refunds = recurred $)

The Trump/WinRed refunds coincided with a surge of donors calling their credit cards to say they were victims of fraud. “It started to go absolutely wild,” said a Wells Fargo fraud investigator. “It just became a pattern,” said one at Capital One. Officials at multiple financial institutions who dealt with complaints estimated WinRed was, at peak, 1-3% of volume, a figure confirmed by one  of the nation’s larger credit-card issuers. That's huge, considering size of U.S. credit card economy.

Trump campaign emphasized its 0.87% of transactions on WinRed had been disputed by donors with their banks.That is about 200,000 donation to subject to formal disputes. Totaling $19.7 million. (Context: WinRed generally gave refunds to avoid disputes). By the way, the total amount and % of money the Trump operation refunded will almost certainly wind up higher than the existing data shows. The operation was refunding an average of $720,000 *per day* in December.

Put another way, the Trump/RNC operation issued more online refunds in *December 2020* than the Biden/DNC operation issued in all of 2019 and 2020. WinRed, a for-profit firm, said it keeps its cut of refunded donations. That would be worth ~$5 million (tho big chunk to CC fees). Last fall, as refunds surged, WinRed added a line to pricing page: “Fees cannot be refunded if the donation is refunded.”

If Trump is ever going to trial, this is one of the crime he might be convicted of as it dictate scamming a general populace of people, the method by which it's carried out is unsuspecting until larger number of people starts making observations and complaint to their banks about bring a possible scam victim


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