Trump’s casino ended up paying the Treasury Department a $477,000 fine in 1998 without admitting any liability under the Bank Secrecy Act.ĬNN obtained 417 pages of Treasury Department documents under the Freedom of Information Act. The casino repeatedly failed to properly report gamblers who cashed out $10,000 or more in a single day, the government said. It’s a bit of forgotten history that’s buried in federal records held by an investigative unit of the Treasury Department, records that congressional committees investigating Trump’s ties to Russia have obtained access to, CNN has learned. The Trump Taj Mahal casino broke anti-money laundering rules 106 times in its first year and a half of operation in the early 1990s, according to the IRS in a 1998 settlement agreement.
