Trump’s newest business partner…

Photo: President Donald J. Trump presents the Medal of Freedom to Rep. Devin Nunes, R-Calif., Monday, Jan. 4, 2021, in the Oval Office of the White House. (Official White House Photo by Shealah Craighead). Public Domain. Article by Douglas MacMillan and Jonathan O’Connell. The Washington Post – December 23, 2021.

A Chinese firm helping former president Donald Trump take his new media company public has been the target of investigations by federal securities regulators, who say the firm misrepresented shell companies with no products and few employees as ambitious, growing enterprises, documents and interviews show.

Arc Capital, an investment advisory firm based in Shanghai, has repeatedly helped create or finance companies with little or no revenue, no customers and office locations that point to P.O. boxes, according to a Washington Post review of regulatory and court filings. […]

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