"Trump’s paid-speeches organizer is struggling financially
A company that puts on for-profit Trump rallies, including an upcoming Mar-a-Lago gala and multimillion-dollar fees for the former president,
is having trouble paying its bills"
"A company that organized a lucrative series of post-White House paid
speeches for former president Donald Trump is now struggling to pay
vendors, investors and employees, angering Trump allies who supported
the effort.
The American Freedom Tour, which struck a multimillion-dollar deal with
Trump after he left office, has lost two top executives and canceled
events in a number of locations as it has failed to pay its bills,
according to people familiar with the activities and documents obtained
by The Washington Post. Its founder and owner, who has a history of
bankruptcy filings, recently sought bankruptcy protection again.
The group has promised events in a number of locales but canceled them
before they began and appears to be banking on a large event at
Mar-a-Lago in December to turn its financial position around.
With speakers, affiliates and investors all clamoring for their money,
one of the people involved who did get paid was Trump, people close to
the former president say. Some Trump advisers have warned against doing
future events, though Trump has expressed interest.
It’s not clear what that means for the tour’s advertised upcoming
black-tie gala at Mar-a-Lago, with tickets starting at $10,000 a couple
to spend time with Trump. The event includes a poolside reception and a
formal ballroom dinner. Dinner and a photo with Trump costs $40,000, and
a private library meeting with Trump is so pricey that it’s only listed
as: “INQUIRE BELOW.” The company declined to say how much Trump is being paid for the event.
The company’s CEO, Brian J. Forte, declined to be interviewed for this article. A Trump spokesman did not respond to requests for comment."
[snip]
https://www.washingtonpost.com/politics/2022/09/29/trump-speeches-bankruptcy-vendors/
It's the usual stuff. Make all sort of ridiculous promises: Like
a 20% return on your investment in #45. What can go wrong? #45 made sure
he got paid. Everyone else? LOL Not so much. "Get in line."
TB
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