• EatYouWell@lemmy.world
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    11 months ago

    Because it was used to launder money. And, bankrupting a business is actually a way to avoid taxes, especially when you regularly lie on your tax filings.

    • SuperDuper@lemmy.world
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      11 months ago

      Also he’s a terrible businessman and was using it as a personal piggybank, as he is wont to do with any business he runs.

      • Burninator05@lemmy.world
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        11 months ago

        Don’t forget that his dad gave him an illegal gift by purchasing $3.5 million in chips never intending to use them or cash them back in.