1/2: Per @Fahrenthold, the NY AG’s case against Trump relies on his submission of “Statements of Financial Condition” and inflated assets to lenders to get $$$. Trump produced an SOFC during my litigation with him over “TrumpNation” and... washingtonpost.com/politics/new-y…
2/2...that SOFC was problematic. Trump’s own accountants wouldn’t sign off on its accuracy and the document didn’t comply with generally accepted accounting principles.
Amazing if Trump was getting loans and insurance using a similar document.
And may suggest why Eric bailed.
Amazing if Trump was getting loans and insurance using a similar document.
And may suggest why Eric bailed.
“The filing said that Eric Trump had been scheduled to be interviewed in the investigation in late July, but abruptly canceled that interview. The filing says that Eric Trump is now refusing to be interviewed.”
“Allen Weisselberg, the Trump Organization’s chief financial officer, has already testified as part of the probe, though his questioning in July was cut short when he was asked whether he’d testified before a federal grand jury.”
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
Eric Trump is the president of Seven Springs LLC:
In 2016, Trump had Seven Springs valued by Cushman & Wakefield Inc. at $56.6 million - and the Trumps used that valuation to claim about $21.1 million in tax deductions. If the valuation was inflated...so were the tax deductions.
In 2016, Trump had Seven Springs valued by Cushman & Wakefield Inc. at $56.6 million - and the Trumps used that valuation to claim about $21.1 million in tax deductions. If the valuation was inflated...so were the tax deductions.
