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Trump Supporters Lost Life Savings Investing in His Media and Crypto Ventures

An investigative piece detailing how Donald Trump leveraged his political supporters as business partners for Trump Media & Technology Group (Truth Social) and other ventures, leading to devastating financial losses for everyday investors who trusted him. The article focuses on Vadim Fistikan, a truck driver who lost his $100,000+ life savings by investing in Trump Media, and examines the broader pattern of Trump's business dealings with his base — from SPACs to crypto schemes — that left loyal supporters financially ruined while Trump profited.

Dan Alexander2d ago13 min readenInsight
Read on forbes.com

Key quotes

We were thinking about pulling the trigger. Then I saw this whole Trump thing going on.
I'm now broke.
Desperate to rebuild his fortune, Donald Trump asked his political supporters to become his business partners. Those who trusted him most got hurt the worst.

From the article

Desperate to rebuild his fortune, Donald Trump asked his political supporters to become his business partners. Those who trusted him most got hurt the worst.
Continue reading on forbes.com

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