Of Course Trump’s SPAC Deal May Have Broken Securities Laws

Just days after Donald J. Trump left the White House, two former contestants on his reality show, The Apprentice, approached him with a pitch. Wes Moss and Andy Litinsky wanted to create a conservative media giant. Mr. Trump was taken with the idea. But he had to figure out how to pay for it…. To get his deal done, Mr. Trump ventured into an unregulated and sometimes shadowy corner of Wall Street, working with an unlikely cast of characters: the former Apprentice contestants, a small Chinese investment firm and a little-known Miami banker named Patrick Orlando. Mr. Orlando had been… Read Full Article