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New documents show Trump kept 2 sets of books for his biggest property in Manhattan, pointing to potential financial fraud
Sonam Sheth and Tom Porter
12 hours ago

President Donald Trump's business presented different occupancy rates for Trump Tower to lenders and tax authorities, according to documents obtained by ProPublica.The documents ProPublica acquired through a Freedom of Information Law request showed

that the occupancy rate in information provided to lenders was higher than the rate in information provided to tax authorities.Trump has been at the center of several financial scandals. The New York Times reported last year that Trump used a series of

dubious tax schemes to shield a $400 million inheritance from the IRS. And in September, Mother Jones published an investigation that found that Trump might have fabricated a loan to avoid paying $50 million in income taxes

SCOTUS issued a temporary stay on blocking the appellate court's ruling. The justices are likely to consider the two cases alongside each other because both deal with Trump's efforts to block his accounting firm from complying with subpoenas after two separate lower court rulings

But the public may still get a window into the president's closely held financial documents thanks to an employee at the IRS who recently blew the whistle on "inappropriate efforts to influence" the agency's audit of Trump's tax returns.

According to The Washington Post, the person accused of trying to interfere with the audit is a political appointee at the Treasury Department.In particular, Cohen accused Trump of inflating and deflating his loan and tax documents, respectively —

Kevin Riordan, a financing expert and real-estate professor at Montclair State University who reviewed ProPublica's obtained tax records, told the news outlet last month that "it really feels like there's two sets of books," one for lenders and one for tax investigators.

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