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.
Source: News Formal (newsformal.com)
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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
Source: chicagotribune - 🏆 8. / 91 Read more »
Read: New York's civil fraud lawsuit against Donald Trump and family membersNew York's attorney general, Letitia James, filed a civil fraud lawsuit Wednesday against former President Donald Trump, some of his children and his business, according to court records. 55 BINGO Eugene 55 7 My ancient family and our ancestors the kings, they taught us to respect people older than us (my respects to Trump, this man was president of America one day This was already investigated by the Fed. NY Criminal Division and rejected for prosecution. Several Attorneys with major experience it turned down. This was Trumps personal finances so his children are NOT libel here. This is SO Political b/c of her re-election woes.
Source: CNN - 🏆 4. / 95 Read more »
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.
Source: KSLcom - 🏆 549. / 51 Read more »
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
Source: fox5ny - 🏆 587. / 51 Read more »