Donald Trump has failed to reveal $199.5 million in loans to his Scottish golf courses on his financial disclosure form.
huffpost.com/entry/trump-sc…
Failing to accurately reflect your finances is punishable by up to a year in jail.
Making a false statement about it by attesting to its accuracy is punishable by up to five years in prison.
Trump tells Americans through that financial disclosure form that Aberdeen and Turnberry are worth more than $100 million between them.
But he tells British authorities they have almost $65 million more in debt than assets.
And there's Doonbeg in Ireland. Where he tells Irish authorities that the resort has lost $7.2 million over three years -- but has simultaneously told Americans that it has earned him $37.4 million in income.
Yes, Trump has frequently inflated his wealth -- recall when he claimed he was worth "in excess of TEN BILLION DOLLARS" -- but this information is supposed to be accurate, and he has claimed that it is, with his signature.
Supposedly being super rich and a genius businessman was one of his big selling points to voters when he ran for president.
Hours after this story was published and days after HuffPost sought comment, Trump Organization chief legal officer Alan Garten responded with the following:
He did not respond to follow up questions about the widely divergent claims regarding assets and income and why Trump failed to disclose the two loans.
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