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"Trump Sells $10M Private Jet amid Legal woes, Truth social Slump" | Hindustan Dot
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“Trump Sells $10M Private Jet amid Legal woes, Truth social Slump”

A major Republican financial supporter Mehrdad Moayedi, an Iranian-American construction and development mogul completed a purchase of Trump’s Cessna airplane

A reader has informed that following around $100m worth of legal judgments against Trump this year, recent public documents have revealed how his company has sold one of his private aircrafts. The buyer is a Republican mega donor who donated around $m249, 000 to a political committee related to Trump’s 2020 election bid.

The plane used by Hutchison is a Cessna jet that cost $150000 in 1997 and is currently worth up to $10 million according to evoJets. On the other hand, details of this transaction cannot be understood conclusively here as more details of the transaction are still not known.

Public records at the Federal Aviation Administration show documents, suggesting that on May 13 the ownership of the aircraft changed from Trump Organization’s DT Air Corp to MM Fleet Holdings, an LLC from Texas. This entity is linked to a Dallas construction and development magnate of Iranian-American origin known as Mehrdad Moayedi of Centurion American Custom Homes.

Moayedi founded Centurion in 1990 and has built thousands of units, while the firm works with both public sector and private owners. He is also one of the key Trump funders, or at least a person who contributed millions of dollars to Trump’s campaign.

Public records of his contributions to the Federal Election Commission show that, in 2019 and 2020, Warne contributed $245,000 to Trump Victory, a PAC that is constituted for the purpose of raising funds for the Trump re-election campaign, the RNC, and several state GOP organizations.

Source
Hindustan Times

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