New York AG says Trump's company misled banks, tax officials

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The New York attorney general's office late Tuesday told a court its investigators had uncovered evidence that former U.S. President Donald Trump's company used 'fraudulent or misleading' asset valuations to get loans and tax benefits.

NEW YORK -- The New York attorney general's office late Tuesday told a court its investigators had uncovered evidence that former U.S. President Donald Trump's company used "fraudulent or misleading" asset valuations to get loans and tax benefits.

James' office detailed its findings in a court motion seeking to force Trump, his daughter Ivanka Trump and his son Donald Trump Jr. to comply with subpoenas seeking their testimony. In a statement late Tuesday, James office said that it hasn't decided whether to pursue legal action, but said the evidence gathered so far shows the investigation should proceed unimpeded.

-- Added a "brand premium" of 15% to 30% to the value of some properties because they carried the Trump name, despite financial statements explicitly stating they didn't incorporate brand value. -- Said in documents that its stake in an office building, 40 Wall Street, was worth $525 million to $602 million -- between two to three times the estimate reached by appraisers working for the lender Capital One.

 

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Poor CTV. Running a distraction for Joe Biden's incompetence. Who's paying you,CTV?

So did a large portion of Canadian mortgage applicants.

Duh! We knew that.

No doubt, how about Pelosi and Hunter Biden anything on them?

5 years of we've got him now... Democrats obsession with Trump is clinical!!!

Will prob be president again in 2024

Never to late

She is a Democrat. The Democrats want Trump out of the picture.

Going to jail for taxes, just like Al Capone lol

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