New York AG lawsuit claims former President Trump used Chicago Trump Tower in business fraud scheme

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Attorney General Letitia James sued Mr. Trump on Wednesday for years of alleged financial fraud and inflating his net worth by billions to 'enrich himself and cheat the system.'

The 222-page complaint issued Wednesday claims that Mr. Trump told two different stories about the value of Trump Tower in Chicago – using one story in which the building was highly valued when he was trying to secure loans against it, while using another story that claimed the tower was"worthless" for massive tax writeoffs.

The lawsuit claims that since 2009, Trump International Hotel & Tower Chicago, at 401 N. Wabash Ave., has been excluded from the balance sheet for the Trump Organization – on the grounds, according to sworn testimony, that Mr. Trump did not want to put information on those statements that would conflict with what he told tax authorities was the tower's value.

James said the false statements were also made involving the other Trump Organization properties – including the New York Trump Tower, 40 Wall Street in New York, Mr. Trump's palatial Mar-a-Lago home in Florida, and resort and his various golf clubs, including the Trump Aberdeen in Scotland. "Mr. Trump represented the apartment spanned more than 30,000 square feet, which was the basis for evaluating the apartment. In reality, the apartment has an area of less than 11,000 square feet," she said.

 

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Donald Trump accused of using his Chicago tower as part of alleged business fraudOnce touted as a jewel of the Trump portfolio, the Chicago Trump Tower was, in reality, mired in questionable financing for years. But what about the Biden family mak8ng millions off foreign country deals? That's ok? raise your hand if you are surprised.... Place is half empty, I want my tax dollars back
แหล่ง: chicagotribune - 🏆 8. / 91 อ่านเพิ่มเติม »

NY attorney general sues Donald Trump and his companyNew York's attorney general sued former President Donald Trump and his company on Wednesday, alleging business fraud involving some of their most prized assets, including properties in Manhattan, Chicago and Washington, D.C. KSL wants you to know what race and gender the AG is. Spooky. Another witch hunt. Let’s see how it pans out If you need proof that this a total witch hunt, Letitia James literally ran for Attorney General promising to take down Donald Trump and the best she could do after 3 years with unlimited resources is a civil lawsuit.
แหล่ง: KSLcom - 🏆 549. / 51 อ่านเพิ่มเติม »

NY attorney general sues Donald Trump, his companyNew York's attorney general is suing former President Donald Trump and his company, accusing business fraud involving some of their most prized assets, including properties in Manhattan, Chicago and Washington, D.C. Lock him up People that voted for him should go to jail
แหล่ง: fox5ny - 🏆 587. / 51 อ่านเพิ่มเติม »