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Trump Tenants File Class Action Against Trump Family Claiming Fradulent Assessment Of Rents Since 1992 In Trump Buildings

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Parker Waichman LLP, a national law firm, filed a class action complaint this week on behalf of over 30,000 current and over 100,000 former tenants in rent-regulated buildings owned by the Trump Family.  The action was filed in Kings County Supreme Court and alleges a pervasive fraud by the current President of the United States, Donald J. Trump, his deceased father, Fred C. Trump, and other members of the Trump Family. The defendants conspired to fraudulently elevate rents in their tenants’ rent-regulated apartments in order to unlawfully generate money that they then corruptly channeled to themselves.  They did this by falsifying the cost of capital building improvements to New York City authorities through the use of a shell corporation called “All County Building Supply & Maintenance Corp.” Fred Trump would negotiate low prices for items such as refrigerators and boilers that qualified to gain increases in rent.  He would then direct All County Building Supply & Maintenance Corp., a company he formed in 1992 and which was owned by his children and a favorite nephew, to pay for the items, invoicing his own management company for an amount greatly in excess of what was actually paid for those items. The management company would then use the fraudulently inflated invoices from All County Building Supply & Maintenance Corp. to raise the rents of the rent-regulated apartments based on the fraudulently inflated, alleged costs of the capital improvements. The Trump children and nephew pocketed the difference between the low prices they paid and the inflated prices they charged Fred Trump’s management company.  The “trumped up” higher prices caused the rent for individual rent-regulated apartments to increase much higher due to the Trumps’ fraud. The scam not only took money from the then current tenants, but the fraudulently elevated base rents which would unjustly stay elevated in all future years to date, affected even subsequent tenants, giving the Trump Family a continuing flow of illicit funds and a higher rent roll to base any eventual sale price on.

Jerry Parker, the Senior Partner at Parker Waichman, explained that the rent fraud was only a part of the Trump Family’s plan.  “This was a huge tax fraud scheme, designed to allow            
Fred Trump to transfer money to his family members without paying estate and gift taxes, while at the same time, stealing money from their rent-regulated apartment house tenants.  What is totally outrageous is the Trumps made the middle-class tenants of their rent-regulated apartments pay for the money that was fraudulently diverted to the millionaire and possibly billionaire Trump children and nephew.”

Parker, himself a former IRS Special Agent in the U.S. Treasury Department, Intelligence Division, outlined the scheme. “In 1992, the Trumps thought they had developed the perfect fraudulent scheme to syphon a considerable amount of money to Fred Trump’s children and favorite nephew by stealing that money from their rent-regulated apartment house tenants.  In other words, the tenants were made to pay the money that went to the Trump children and Fred Trump’s nephew based on fraudulent capital expenses claimed for the apartments” according to Parker.  “It was a really rather simple scheme. The Trump Family apparently had no problem lying to regulatory authorities on their application to increase the rent based on the ‘trumped up’ capital improvement expenses and no one looked very closely at those lies.”

The Trump Family scheme was described in a 2018 Pulitzer Prize-winning New York Times article by David BarstowSusanne Craig and Russ Buettner entitled “Trump Engaged In Suspect Tax Schemes As He Reaped Riches From His Father.”  The President’s niece, Mary L. Trump, used the New York Times findings as one of the prime sources for her own legal action against the Trump Family, Mary L. Trump v. Donald J. Trump, et al.,  Index No. 654698/2020, Supreme Court, New York County, filed September 24, 2020.  The Times’ allegations feature prominently in this class action by the tenants as well.

Jerry Parker sees it as a process which must run its course to arrive at justice for the tenants. 

“Whether landlord or tenant, whether rich or poor, fair play has nothing to do with who you are.  Things are either right or they’re wrong.  What the Trumps did was clearly wrong.  What do our clients seek here?  Justice.”

SOURCE Parker Waichman LLP

Artificial Intelligence

Slovenian Tourist Board Unveils Innovative Projects to Enhance Tourism and Sports Visibility: Audio Stories, AI-Powered Virtual Assistant, and “Slovenia – Sports Destination” Website

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LJUBLJANA, Slovenia, May 28, 2024 /PRNewswire/ — Slovenia is a land of countless natural beauties, cultural treasures, top health and wellness resorts and superb gastronomy, which the Slovenian Tourist Board aims to showcase to visitors in an innovative and attractive way. To achieve this, the Board continually analyzes current marketing trends and develops projects designed to excite tourists, spark their curiosity and inspire them to explore further.

By staying at the forefront of marketing strategies, the Slovenian Tourist Board ensures that the country’s unique attractions are presented in the most engaging and appealing manner possible. The most recent projects to boost Slovenia’s visibility include three new projects: Sounds Like Slovenia, a series of audio stories, an AI-powered virtual assistant named Alma on slovenia.info and the “Slovenia – Sports Destination” website.
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Meet Alma, an AI-powered virtual assistant
Alma, named after the adventurous traveller and writer Alma M. Karlin, operates using advanced AI technology, filtering content to suit user interests. She sources reliable information from the slovenia.info database and over 50 verified websites of Slovenian tourist destinations and providers. As one of the first AI assistants in Slovenian tourism, and among the few AI assistants integrated in national tourism organizations’ websites in Europe, Alma positions slovenia.info as a reliable source of information and inspiration for international visitors.
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Slovenia – Sports Destination Website
The Slovenia–Sports Destination website serves as a comprehensive resource for organizing sports activities and events, conferences, rehabilitation and inspiration, available in both Slovenian and English. Sports agencies, clubs, and event organizers can use the portal to connect directly with relevant partners in Slovenia. The website also provides direct contacts for specialized sports agencies and federations, assisting with the organization of preparatory matches and other logistical needs. Information on sports accommodations is also available.
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Sounds Like Slovenia 
Thematic playlists on Spotify and sound stories on slovenia.info provide an immersive audio experience of Slovenia’s landscapes and cultural offerings. Themes are categorized into five categories: the Sounds of Nature, Thrilling Outdoor Adventures, Cities and Culture, Health and Well-Being, and Gastronomy. Crafted for the global digital campaign, the audio list aims to captivate travelers worldwide.
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Together, these projects demonstrate Slovenia’s dedication to innovation and sustainability in tourism, offering visitors unforgettable experiences in this vibrant European destination with a green heart.
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Winners of Huawei ICT Competition 2023-2024 Global Final Announced

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SHENZHEN, China, May 28, 2024 /PRNewswire/ — On May 26, the closing and awards ceremony of the Huawei ICT Competition 2023–2024 Global Final was held in Shenzhen. This year’s competition attracted more than 170,000 students from over 2,000 universities and colleges across more than 80 countries and regions, making it the largest offline competition since its launch. More than 160 teams, adding up to a total of 470 contestants from 49 different countries and regions, made it through national and regional competitions to reach this year’s global final, held in Shenzhen May 23-26.

After fierce competition, 19 teams from nine countries (Algeria, China, Nigeria, Pakistan, Poland, the Philippines, Tanzania, Türkiye, and Uganda) won the Grand Prizes of the Practice and Innovation Competitions. The Best Social Media Popularity Award was won by a team from Pakistan. The Green Development Award was won by two teams from China and Morocco. The Women in Tech Award was granted to four teams from Kenya, Malaysia, Morocco, and Uganda. And the TECH4ALL Digital Inclusion Award was won by two teams from China and the Philippines.
Zhou Hong, President of Huawei’s Institute of Strategic Research, said: “To make sure everyone can truly enjoy the benefits of digitalization while such technologies are making radical progress, Huawei believes it is crucial to guarantee that digital technologies are accessible to all.”
Stefania Giannini, UNESCO Assistant Director-General for Education, said in a video message:,”UNESCO works to uphold the basic rights and agency of every learner and teacher when using digital technology and AI, and promote an inclusive, equitable, open, and secure digital future for all. Many thanks to our partners like Huawei for their longstanding support.”
Ritchie Peng, President of Huawei’s ICT Strategy and Business Development Department, stated: “ICT is the cornerstone of the intelligent world. Through the Huawei ICT Competition, we aim to provide students with a global platform to compete and exchange ideas.”
On the same day, Huawei also held the ICT Accelerating Education Transformation Summit. At the summit Huawei awarded 24 instructors the title “Huawei ICT Academy Global Most Valuable Instructor.” The awards, given out for the first time this year, aims to show gratitude for the important contributions the instructors have made to talent development, and mark them as role models showing how the brightest minds can grow even brighter. These role models will help drive sustainable development of the ICT talent ecosystem.
The Huawei ICT Competition is an annual contest held by Huawei for global university and college students. Through the competition, Huawei aims to provide students with an international platform for healthy competition and exchange of ideas. Since its launch in 2015, the competition has helped students enhance their ICT knowledge and practical skills, while also increasing their ability to innovate by using new technologies and platforms. The ultimate goal is to advance technological development and facilitate digital inclusion around the world.
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NEXCOM, CTOne, and Vertex Join Forces to Enhance Private Network Security

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TAIPEI, May 28, 2024 /PRNewswire/ — NEXCOM, a leading supplier of network solutions, CTOne, a global cybersecurity leader in communication technology, and Vertex, a professional system integrator of 5G private network, join forces for groundbreaking POC targeted to advance 5G private network security within semiconductor manufacturing site framework. Designed to address the specific cybersecurity challenges common in OT networks, collaborative solution offers unparalleled protection, and seamless integration into existing network architectures with minimal disruption to operations during deployment.

Improved Network Security
NEXCOM’s 1U Edge server, the TCA 5170, delivers scalable performance and advanced cybersecurity features, empowering manufacturers with robust OT network protection. Leveraging cutting-edge technologies, the TCA 5170 accelerate encryption and decryption processes, ensures authentication and real-time threat detection, safeguarding private networks against evolving cyber threats. Its scalability makes it ideal for deployments of all sizes, from smaller production lines to semiconductor giants, providing comprehensive security solutions for diverse industrial needs.
More Visibility, Easier Management
The integrated solution simplifies the management of complex OT networks, enabling IT teams to efficiently monitor and manage network security while optimizing resource utilization. CTOne’s virtualized private 5G security software, installed on TCA 5170 and deployed at strategic points at the semiconductor manufacturing site, integrates seamlessly across IT and CT networks to deliver full visibility with real-time monitoring of data traffic. Combined with CTOne’s built-in 5G protection capabilities, the solution enable immediate interception and isolation of threats while supporting a Zero Trust strategy.
“This collaboration has been pivotal in delivering a comprehensive cybersecurity solution for semiconductor manufacturing sites,” said Ming-Yang, Yi, senior manager of AMEA business development group of CTOne. “By integrating our advanced 5G visibility and security capabilities with NEXCOM’s TCA 5170, we’ve created a robust solution that enhances data protection and optimizes operational efficiency of private 5G networks.”
“Working alongside NEXCOM and CTOne has allowed us to deliver a truly comprehensive cybersecurity solution for private 5G network,” said Willis Fu, Technical Director at Vertex. “Bringing together NEXCOM’s TCA 5170 and CTOne’s Mobile Network Security solution ensures seamless protection of the private 5G network, providing our end customer with peace of mind and confidence in their operations.”
“The TCA 5170 is a compact 1U server that offers different configurations and scalable performance, allowing our ecosystem partners to easily adapt and run their applications for deployments of all scales,” said Jennifer Lan, Sales & Marketing Director of Network & Communication Solutions at NEXCOM. “Our successful collaboration with CTOne and Vertex underscores our commitment to providing top-tier security and operational efficiency for our clients.”
Read full Case Study: Security-Solution-to-Protect-Private-Networks-at-Semiconductor-Facilities.pdf (nexcom.com)
This joint solution can be experienced firsthand at upcoming exhibitions:
May 29 – May 31, 2024, CommunicAsia 2024, Singapore, Singapore EXPO, Hall 4, booth 4E3-14June 26  – June 28, 2024, COMNEXT, Japan, Tokyo, Tokyo Big Sight, South Hall, Booth 9-14About NEXCOM
Founded in 1992 and headquartered in Taipei, Taiwan, NEXCOM integrates its diverse capabilities and operates six global businesses, including the Network and Communication Solutions (NCS) unit. NCS focuses on the latest network technology and helps to build reliable network infrastructure, by delivering professional design and manufacturing services for customers all over the world. NCS’s network application platform is widely adopted in Cyber Security, Load Balancing, 5G uCPE, SD-WAN, SASE, Edge Computing, OT Security, Storage, NVR, and other network applications for businesses of all sizes.
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