Suckers are born everyday….
The ‘Trump’ brand isn’t worth the over $1.6 Billion Real Estate project to be built in Oman….
Who knows where the m money from this deal will end up?
Maybe with New York State or the IRS?
Deals like this — in which the Trump family gets a cut of condo sales or golf course revenue in exchange for allowing its name to be used — used to be a major source of revenue for the Trump Organization before Mr. Trump was elected president.
But the family agreed to not sign any new international deals while Mr. Trump was in the White House, and it has been slow to negotiate any new ones since he left office as civil and criminal investigations have distracted the Trumps and put a crimp in the company’s growth.
The new deal comes as the Trump Organization is inundated with legal problems. It is on trial in State Supreme Court in Manhattan for criminal tax fraud charges, and it is fighting a lawsuit from the New York attorney general, Letitia James, who accused Mr. Trump, his company and three of his children of fraud.
The financial terms of the deal with Dar Al Arkan were not disclosed…