Justin Elliott

Jul 17, 2024 | salon.com | Justin Elliott |Robert Faturechi

After markets closed the day before the Fourth of July holiday, former President Donald Trump’s social media company made a disclosure that got little notice. “The Company entered into the Standby Equity Purchase Agreement,” Trump Media & Technology Group, the company behind Trump’s Truth Social platform, said in a filing. The jargon represented a major development that allows Trump Media to create and sell up to $2.5 billion worth of new shares.

Jun 14, 2024 | salon.com | Justin Elliott |Joshua Kaplan |Alex Mierjeski

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Supreme Court Justice Clarence Thomas’ decadeslong friendship with real estate tycoon Harlan Crow and Samuel Alito’s luxury travel with billionaire Paul Singer have raised questions about influence and ethics at the nation's highest court.

Jun 3, 2024 | salon.com | Robert Faturechi |Justin Elliott |Alex Mierjeski

This article originally appeared on ProPublica.

May 4, 2024 | golocalprov.com | Robert Faturechi |Ellis Simani |Justin Elliott

The IRS has launched a campaign to examine whether wealthy taxpayers are violating the law when using their ownership of sports teams to save large amounts in taxes. The effort will focus on sports industry entities that are reporting “significant tax losses” to “determine if the income and deductions driving the losses” are lawful, according to the IRS announcement earlier this year.

Apr 8, 2024 | salon.com | Robert Faturechi |Justin Elliott |Alex Mierjeski

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Former President Donald Trump scored a victory last week when a New York court slashed the amount he had to put up while appealing his civil fraud case to $175 million. His lawyers had told the appellate court it was a “practical impossibility” to get a bond for the full amount of the lower court’s judgment, $464 million.