Bankruptcy filings reveal newly reported info on a large shareholder of Donald Trump's Trump Media DJT stock. Filings also reveal entities affiliated with the DJT investor allegedly conducted naked short selling (a practice prohibited in US) causing tens of millions in losses to partners, my latest:
#Trump #DonaldTrump #DJT #DWAC #PatrickOrlando #TrumpMedia #TMTG
#trump #patrickorlando #digitalworldacquisition #truthsocial #trumpmediaandtechnologygroup #fraud #securitiesfraud
Everything Trump touches dies ;
“The U.S. Securities and Exchange Commission on Wednesday sued Patrick Orlando, ex-chief of Digital World Acquisition Corp that helped former U.S. President Donald Trump's social media company go public, for securities fraud.
In a filing with the court of District of Columbia, the SEC said Orlando broke rules concerning securities by issuing false and misleading statements while he led the blank-check firm.”
The Hacking Lawsuit Looming Over Trump's Truth Social
In a lawsuit filed in Florida by Patrick Orlando, the founding CEO of DWAC (the company that merged with Trump Media) Orlando accused his former assistant Alexander Cano of hacking his accounts as part of a coup d'état by Eric Swider who replaced him as CEO
After #Trump was booted from the #birdsite following the #Jan6, 2021, #insurrection, 3 men played pivotal roles in building & promoting #TrumpMedia as an online challenger [🤣] against the “cancel culture” of #BigTech: #AndyLitinsky & #WesMoss, fmr “Apprentice” contestants who co-founded the company & launched Truth Social; & #PatrickOrlando, who as chief exec of #DWA, a #SPAC [#BlankCheck], offered Trump’s company a path to investor #cash.
Attached: 1 image 1928 Poster of #Hitler with tape on his Mouth Claiming he is Being #Censored The text under the image translates to: “One alone out of 2000 Million humans on earth is not allowed to speak in Germany". (damn this is EXACTLY #Trump. Also, someone show this to #SCOTUS re the #conservatives arguing they’re being censored by #SocialMedia #moderation.) https://masto.ai/@Nonilex/112118531909720570
Here's my chart from 2021 on Trump's planned partner DWAC, Patrick Orlando and ARC Group - which are both featured heavily in the recent SEC settlement order (in post above)
Update on Trump Media (Truth Social) planned merger partner Digital World Acquisition Corp:
On Mar 19 the DWAC board terminated Patrick Orlando as Chairman & CEO, however he remains a board director.
Eric Swider was appointed the interim CEO (Swider has also been a director of Patrick Orlando's Benessere SPAC).
#Trump #DWAC #PatrickOrlando #TrumpMedia
https://www.sec.gov/Archives/edgar/data/1849635/000119312523076343/d480278d8k.htm
Wendy Siegelman
Jorro
Nonilex