Another Trump Scam: What Else Is New?

What is it about Donald Trump which makes him a magnet for every low-life, scumbag scamster who comes up with a new way to make a buck by fucking over someone else?

The latest perpetrator of the get-rich-quick-by-connecting-to-Donald-Trump is a guy named Michael Shvartsman, who with his brother Gerald, made over $20 million on insider trading involving the merger of two companies which raised the money to launch Trump’s Truth Social website back in 2021.

Somehow, these guys knew enough about the upcoming deal to amass shares in the shell company, Digital World, which raised over $300 million in its public offering and then merged with the company which owns Truth Social, a merger which was completed last week.

You should know incidentally, that Michael Shvartsman has a company called Rocket One Capital, and is described on the company’s website as “a true visionary, while his dedication to philanthropy underscores his belief in leveraging technology for the betterment of society.”

Even if you had no business connection at all to this guy Shvartsman, if you read the sentence that I just pulled off his website, you would have to assume that he was a scumbag and rip-off artist par excellence. Which is what the Federal Attorney in the Southern District concluded after a two-year investigation and why…