berg80
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- Oct 28, 2017
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A federal criminal investigation is threatening the proposed merger between former President Donald Trump’s social media enterprise and a special purpose acquisition company, a deal that would give the combined company access to billions of dollars in public markets.
That company, Digital World Acquisition Corp., revealed in a securities filing Monday that it became aware on June 16 that each member of its board of directors received subpoenas from a federal grand jury in New York.
The grand jury wants similar documents that the Securities and Exchange Commission had been seeking in its already-disclosed civil probe, DWAC said. The company received a subpoena itself Friday with similar requests, along with other requests relating to communications, individuals and information involving Rocket One Capital.
Trump SPAC deal threatened by federal criminal probe
Imagine my surprise. The most corrupt prez in the modern era (only rivaled by Reagan) may be involved in another criminal enterprise. Where does he find the time?
That company, Digital World Acquisition Corp., revealed in a securities filing Monday that it became aware on June 16 that each member of its board of directors received subpoenas from a federal grand jury in New York.
The grand jury wants similar documents that the Securities and Exchange Commission had been seeking in its already-disclosed civil probe, DWAC said. The company received a subpoena itself Friday with similar requests, along with other requests relating to communications, individuals and information involving Rocket One Capital.
Trump SPAC deal threatened by federal criminal probe
Imagine my surprise. The most corrupt prez in the modern era (only rivaled by Reagan) may be involved in another criminal enterprise. Where does he find the time?