November 27, 2022

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Trump lobbied Truth Social executives to hand over their stock to Melania, one of the founders claims

Trump lobbied Truth Social executives to hand over their stock to Melania, one of the founders claims

Donald Trump lobbied Truth Social executives to hand over shares in his right-wing social media platform to former first lady Melania Trump, according to a whistleblower.

Will Wilkerson, an early employee of the Trump Media and Technology Group, claims that the former president called co-founder Andy Letinsky at a coffee shop in Florida and asked him to.

The Washington Post Says that Mr. Trump He submitted the application, valued at millions of dollars, even though 90 percent of the company’s shares had already been granted.

Wilkerson says Letinsky refused, telling the former president that “the gift would have meant a huge tax bill he couldn’t pay.

Trump didn’t care. He said, “Do whatever you want.”

Mr. Wilkerson filed a whistleblower complaint in August with the Securities and Exchange Commission, alleging securities violations related to the Trump Media and Digital World merger.

Mr. Litinsky, who first met Mr. Trump as a contestant in the Apprentice TV show in 2004, removed five months after the alleged incident, with Mr. Wilkerson telling the newspaper it was a price.

Mr. Wilkerson and his attorney shared emails with Washington Post and the Securities and Exchange Commission where Mr. Letinsky told him that Mr. Trump was “retaliating against me” and threatening to “blow up the company” if his demands were not met.

the post He says Mr. Wilkerson was fired from his job as the company’s senior vice president of operations after speaking to the newspaper.

Trump was forced to create his own social network after he was banned from Facebook and Twitter in the wake of his supporters’ rebellion on January 6.

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The planned merger between Trump Media & Technology Group, parent of Truth Social, and blank-checking company Digital World Acquisition Corp. is currently under investigation by the Securities and Exchange Commission.

Trump’s follower count on the platform has grown to more than 4 million, but that’s still well below the 86 million followers he had on Twitter before it was banned in January 2021.