CNN tracked Trumpās watch to a building in Sheridan, Wyomingāand found strange ties to a āmale enhancement honeyā company with a similar name.
Last month, Donald Trump announced that he was selling limited-edition, gaudy watches ranging from $499 to the bargain price of $100,000, bragging about their Swiss-made precision.
But aĀ CNN investigationĀ traced the watchesā origin to a shopping center in remote Sheridan, Wyoming, where TheBestWatchesOnEarth LLC, the company behind the timepieces, is based. Thereās no indication that a watch company is located at the building listed at the address, only a daycare. Its neighbors include an H&R Block, a Wendyās, and a āvape and hemp smoke shop.ā
CNN couldnāt find the people behind the company either, because the businessās location allows it to legally hide those details from the public. The news network found that knocking on the door of the businessās supposed address didnāt answer those questions. Interestingly, the limited liability corporation behind Trumpās infamous goldĀ sneakersĀ is also based at the address, along with other random businesses. The watch company was registered on July 29, only two months before Trump announced the watch line.
š³ļø Register to vote: https://vote.gov/
If the goal is, letās say money laundering, itās harder to track you down.
oh I get the point in lying about your location of course. in other words what Iām asking is why have business registration at all if itās so easy to lie?
Mainly because at the moment, heās still under the whim of the FBI who he basically wants to disband. Once heās in power he can dismantle any government agency that would fight his corruption, and then thereās no need for Shell companies
Oh, the why was directed at the other side. My bad.
Probably because most people donāt lie, itās useful to have records of legit businesses, and (hopefully, but IANAL) itās one more thing that someone could be charged on for fraud.
It also probably has a panopticon effect. If people didnāt need to register, then thereās low monitoring of what people do and so those with more grey ethics are more likely to cheat the system. But because thereās a process, one assumes someone is watching, and therefore most people will stay in line; only the most scummy people will actually lie.
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