{"id":1053601,"date":"2025-06-17T16:37:12","date_gmt":"2025-06-17T20:37:12","guid":{"rendered":"https:\/\/democrats.org\/?p=1053601"},"modified":"2025-06-17T16:37:13","modified_gmt":"2025-06-17T20:37:13","slug":"corruption-watch-trump-is-scamming-americans-and-profiting-off-the-white-house","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/corruption-watch-trump-is-scamming-americans-and-profiting-off-the-white-house\/","title":{"rendered":"CORRUPTION WATCH: Trump is Scamming Americans and Profiting off the White House"},"content":{"rendered":"\n
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Donald Trump has spent his presidency lining his own pockets with one grift<\/a> after<\/a> another<\/a>. His chaotic economic policies are helping his crypto grifts as his family promises a \u201ccompetitive advantage\u201d<\/a> for Trump\u2019s bitcoin company \u2014 all thanks to White House ties. Now, the Trump family has a new scam to rip off hardworking Americans with \u201cTrump Mobile,\u201d<\/a> a $500 phone<\/a> he\u2019s claiming is made in the USA, but reports indicate it will be made in China<\/a>. <\/p>\n\n\n\n

GRIFT: The Trump family is <\/strong>profiting<\/strong><\/a> off the presidency with new crypto grift:  <\/strong><\/p>\n\n\n\n

\ud83d\udcb5 While promoting the new Trump family business, American Bitcoin, Trump\u2019s son made it clear Trump\u2019s policies would give the new company a \u201ccompetitive advantage.\u201d <\/strong><\/p>\n\n\n\n

\ud83d\udcb5American Bitcoin is touting their connection to the White House<\/strong>, promoting Eric Trump\u2019s \u201cexceptional network reach.\u201d It\u2019s also set to become a publicly traded company, offering \u201canother avenue\u201d for the ultra-wealthy to buy influence and pay for favors.<\/strong><\/p>\n\n\n\n

\ud83d\udcb5Trump ended a yearslong Securities and Exchange Commission effort to hold crypto firms accountable<\/strong>. <\/p>\n\n\n\n

\ud83d\udcb5With $22.5 million in Bitcoin<\/strong> and plans to accumulate more, the new firm \u201ccould soon become an important source of capital for the Trump family.\u201d<\/strong><\/p>\n\n\n\n

\ud83d\udcb5Trump announced a national Bitcoin stockpile and has promised to lower costs associated with mining operations \u2014 sending Bitcoin to a record high price.<\/strong> <\/p>\n\n\n\n

\ud83d\udcb5American Bitcoin\u2019s partner Hut 8\u2019s $320 million deal<\/strong> to purchase Chinese mining machinery was at risk \u2014 until Trump rolled back his 145% tariffs on China. <\/strong><\/p>\n\n\n\n

\ud83d\udcb5Trump rolled back his 145% tariffs on China the same day American Bitcoin announced their plan <\/strong>to pursue a public offering. <\/p>\n\n\n\n

\ud83d\udcb5Trump\u2019s chaotic flip-flopping on his economic agenda \u201cillustrated how the Trumps\u2019 business interests are intertwined with policies set by the White House.\u201d <\/strong><\/p>\n\n\n\n

\ud83d\udcb5 FACT: Almost \u201cevery aspect\u201d of Trump\u2019s business portfolio is drowning in conflicts of interest, with Trump\u2019s new venture raising new ethical questions.<\/p>\n\n\n\n

GRIFT: <\/strong>MAGA Mobile<\/strong><\/a> looks like it\u2019s made in China:   <\/strong><\/p>\n\n\n\n

\ud83d\udcb5Despite promoting the phone as \u201cmade by Americans for Americans,\u201d<\/a> the nearly $500 phone is most likely going to be <\/strong>made in China<\/strong><\/a>. <\/strong><\/p>\n\n\n\n

\ud83d\udcb5Trump Mobile partners with Omega Mobile Care<\/strong><\/a>,<\/strong> which may not actually <\/strong>exist<\/strong><\/a>. <\/strong><\/p>\n\n\n\n

\ud83d\udcb5Trump Mobile also partners with <\/strong>EGV Companies<\/strong><\/a>, which has a <\/strong>history<\/strong><\/a> of scamming hardworking Americans and allegedly <\/strong>violating<\/strong><\/a> the law.  <\/strong><\/p>\n\n\n\n

\ud83d\udcb5While Trump Mobile charges <\/strong>$45.47<\/strong><\/a> per month, major mobile service carriers offer similar packages for <\/strong>$40<\/strong><\/a>.<\/strong> <\/p>\n\n\n\n

\ud83d\udcb5While claiming customer service would be based in America, the Trump Mobile website features a <\/strong>\u201ccustomer service\u201d<\/strong><\/a> photo from <\/strong>Serbia<\/strong><\/a>.<\/strong>  <\/p>\n","protected":false},"excerpt":{"rendered":"

Donald Trump has spent his presidency lining his own pockets with one grift after another. His chaotic economic policies are helping his crypto grifts as his family promises a \u201ccompetitive advantage\u201d for Trump\u2019s bitcoin company \u2014 all thanks to White House ties. Now, the Trump family has a new scam to rip off hardworking Americans […]<\/p>\n","protected":false},"author":292,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1053601","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nCORRUPTION WATCH: Trump is Scamming Americans and Profiting off the White House - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/corruption-watch-trump-is-scamming-americans-and-profiting-off-the-white-house\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-17T20:37:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-17T20:37:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" \/>\n<meta name=\"author\" content=\"Adrianna Tomasello\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrianna Tomasello\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/corruption-watch-trump-is-scamming-americans-and-profiting-off-the-white-house\/\",\"url\":\"https:\/\/democrats.org\/news\/corruption-watch-trump-is-scamming-americans-and-profiting-off-the-white-house\/\",\"name\":\"CORRUPTION WATCH: Trump is Scamming Americans and Profiting off the White House - 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