Life’s a beach when you are friends, and business partners, with the President’s son.
Gentry Beach, a Texas financier who raised money for the Trump campaign in 2016, has held meetings with National Security Council officials last spring to lessen sanctions on Venezuela that would allow American companies to do more business there.
The Trump Organization said at the time that the relationship between Beach and Trump Jr., who went to college together at University of Pennsylvania, was “strictly personal.”
But court records seen by the Associated Press show a more codified relationship including a business called Future Venture LLC registered by Beach in October that lists Trump Jr. as its president.
Concerns about the Trump sons and using the power of the presidency for personal gain surfaced around Beach during the inauguration, when a gala by the pro-hunting Opening Day Foundation offered meetings with the new President for $1 million “Bald Eagle” and $500,000 “Grizzly Bear” donors.
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WASHINGTON, DC - JANUARY 20: Donald Trump Jr, with his wife Vanessa and children departs St. John's Church on Inauguration Day on January 20, 2017 in Washington, DC. Donald J. Trump will become the 45th president of the United States today. (Photo by Chris Kleponis - Pool/Getty Images)
NEW YORK, NY - NOVEMBER 11: Donald Trump Jr. poses with wife Vanessa Trump and their children at Disney On Ice Presents Frozen at Barclays Center on November 11, 2014 in New York City. (Photo by Jerritt Clark/WireImage)
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Donald Trump Jr,, son of Republican U.S. presidential candidate Donald Trump, talks to his wife Vanessa as they await the arrival of the candidate at DonaldTrump's New York presidential primary night rally in Manhattan, New York, U.S., April 19, 2016. REUTERS/Carlo Allegri
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Donald Trump Jr. (C) jokes around and motions with a large pair of scissors toward the throat of his wife Vanessa Trump (R) while Too Kim Tiah (L) the CEO of TA Global, the owner and developer of Trump International Hotel and Tower Vancouver, looks on during the grand opening of the Trump International Hotel and Tower in Vancouver, British Columbia, Canada February 28, 2017. REUTERS/Nick Didlick TPX IMAGES OF THE DAY
Donald Trump Jr. and his wife Vanessa speak with Jared Kushner during inauguration ceremonies for the swearing in of Donald Trump as the 45th president of the United States on the West front of the U.S. Capitol in Washington, U.S., January 20, 2017. REUTERS/Brian Snyder
WASHINGTON, DC - JANUARY 19: (AFP OUT) Donald Trump, Jr., wife Vanessa and children Donald Trump III and Chloe Sophia Trump arrive at Joint Base Andrews in January 19, 2017 in Maryland. Hundreds of thousands of people are expected tomorrow for the inauguration of Trump Jr.'s father, Donald Trump as 45th president of the United States. (Photo by Chris Kleponis-Pool/Getty Images)
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and child attend The Eric Trump 8th Annual Golf Tournament at Trump National Golf Club Westchester on September 15, 2014 in Briarcliff Manor, New York. (Photo by Dave Kotinsky/Getty Images)
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Trump Jr. and Eric Trump denied involvement in the “camouflage and cufflinks” event, though Texas records obtained by the Daily News at the time showed that they were directors of the organization along with Beach.
Court documents from 2010 obtained by the AP show that the business relationship stretches back further, and that Trump Jr. testified that $200,000 in an oil well run by Beach’s father, who was convicted of bankruptcy fraud last month.
Trump Jr. also invested an undisclosed amount in a mining stock tied to Beach’s uncle and had a plan to buy a hunting preserve in Mexico with his friend and business partner.
It is not immediately clear how work for Future Ventures LLC, registered in Delaware, is divided between Beach and Trump Jr., though the Trump Organization told the AP that it was interested in technology investments.
It also denied that Trump Jr. was behind Beach’s meetings about Venezuela, which did not result in any sanction removal.
Beach said in a statement that he had not “used my longtime personal friendship with Donald Trump Jr.” to gain influence in the government.
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NEW YORK, NY - MARCH 26: Ivanka Trump and Jared Kushner are seen on March 26, 2016 in New York City. (Photo by Tal Rubin/GC Images)
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Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, center, speaks as his sons Donald Trump Jr., left, and Eric Trump, right, listen during a caucus night rally in Las Vegas, Nevada, U.S., on Tuesday, Feb. 23, 2016. Trump's dominating victory in the Nevada caucuses pushes him further out ahead of his nearest competitors for the Republican presidential nomination, giving his unorthodox candidacy a major boost heading into Super Tuesday contests next week. Photographer: David Paul Morris/Bloomberg via Getty Images
20/20 - Donald Trump and his family - including wife Melania Trump and his children - sit down for an interview with ABC News' Barbara Walters in a special edition of 20/20 airing Friday, Nov. 20 (10-11pm, ET) on the ABC Television Network. (Photo by Lorenzo Bevilaqua/ABC via Getty Images) DONALD TRUMP, JR., IVANKA TRUMP, ERIC TRUMP, TIFFANY TRUMP, BARBARA WALTERS
LONDON, ENGLAND - JULY 28: Marla Maples (L) and Tiffany Trump have dinner at Sumosan on July 28, 2014 in London, England. (Photo by David M. Benett/Getty Images)
BRIARCLIFF MANOR, NY - SEPTEMBER 15: (EDITORS NOTE: Retransmission of #455504994 with alternate crop.) (L-R) Donald Trump, Ivana Trump, Eric Trump and Lara Yunaska attend The Eric Trump 8th Annual Golf Tournament at Trump National Golf Club Westchester on September 15, 2014 in Briarcliff Manor, New York. (Photo by Dave Kotinsky/Getty Images)
NEW YORK, NY - APRIL 18: Donald Trump, Eric Trump and Lara Yunaska attend the New York Observer's 2013 Young Philanthropy event at PH-D Rooftop Lounge at Dream Downtown on April 18, 2013 in New York City. (Photo by Laura Cavanaugh/Getty Images)