Court Monitor Flags Potential Multimillion Dollar Fraud, Prompting Trump Anger

[j brown's body]

"Lawyers for former President Donald Trump and his co-defendants in a civil fraud case lashed out Monday at the court-appointed monitor overseeing the Trump Organization’s financials, accusing the monitor of making up “errors” after she flagged various “deficiencies”—and suggested Trump made up a fake $48 million loan.

Retired judge Barbara Jones was appointed to oversee the Trump Organization’s financial activities and statements after New York Attorney General Letitia James sued the ex-president and his company for fraud in November 2022, accusing Trump and his company of fraudulently misstating the value of their assets on financial statements for personal gain.

Jones submitted a report to the court on Friday, writing that while the defendants in the case “have been cooperative” with her oversight, she’s identified “deficiencies” in materials she’s reviewed, “including disclosures that are either incomplete, present results inconsistently, and/or contain errors,” and which reflect “reflect a lack of effective governance” at the company.

...Jones’ letter also gained attention for noting in a footnote that while Trump recorded a $48 million loan for his tower in Chicago, the Trump Organization told her such a loan “never existed”—a disclosure legal experts told The Daily Beast could get the ex-president into legal trouble, either for making a false entry on his financial disclosures, or for tax evasion, if he were found to have invented a loan to avoid income taxes."


Link

For Trump, corruption appears to be a way of life.

 

[Mr Person]

I can't satirize a Trump tweet, so let's just say he's probably mad that the haters keep catching him a'criming.

 

[Stealers Wheel]

Bet they weren't counting on her being so thorough. How are they going to explain away a claimed loan that didn't actually exist, along with the tax breaks associated with it?

Oh, I know. Just another witch hunt.

Oh wait! "That is just the way businesses do it. Everyone does it that way."

Or my favorite: "I don't know nuthin' 'bout business. I just sign what they tell me to sign."

 

[mrjurrs]

"Lawyers for former President Donald Trump and his co-defendants in a civil fraud case lashed out Monday at the court-appointed monitor overseeing the Trump Organization’s financials, accusing the monitor of making up “errors” after she flagged various “deficiencies”—and suggested Trump made up a fake $48 million loan.

Retired judge Barbara Jones was appointed to oversee the Trump Organization’s financial activities and statements after New York Attorney General Letitia James sued the ex-president and his company for fraud in November 2022, accusing Trump and his company of fraudulently misstating the value of their assets on financial statements for personal gain.

Jones submitted a report to the court on Friday, writing that while the defendants in the case “have been cooperative” with her oversight, she’s identified “deficiencies” in materials she’s reviewed, “including disclosures that are either incomplete, present results inconsistently, and/or contain errors,” and which reflect “reflect a lack of effective governance” at the company.

...Jones’ letter also gained attention for noting in a footnote that while Trump recorded a $48 million loan for his tower in Chicago, the Trump Organization told her such a loan “never existed”—a disclosure legal experts told The Daily Beast could get the ex-president into legal trouble, either for making a false entry on his financial disclosures, or for tax evasion, if he were found to have invented a loan to avoid income taxes."


Link

For Trump, corruption appears to be a way of life.

You should read Mary Trump's book,


He learned it from his father.

 

[SNOWFLAKE]

Righties and Trumpers, where are you?
Let's hear some more about TDS. More about "hating" Trump. About the entire system out to "get" Trump. About election interference.

Waiting.....................................