Trump Organization monitor flags 'incomplete,' 'inconsistent' financial disclosures

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New York Attorney General Letitia James is suing Donald Trump, his company and others for alleged massive fraud related to false financial statements.

Engoron wrote that James' request was justified given the "persistent misrepresentations throughout every one of Mr. Trump's [Statements of Financial Condition] between 2011 and 2021."

During her review of nine loan agreements, more than 75 financial disclosures and thousands of supporting documents, Jones said she observed that "information regarding certain material liabilities provided to lenders … has been incomplete." Jones wrote that "the Trust also has not consistently provided all required annual and quarterly certifications attesting to the accuracy of certain financial statements."

Source: News Formal (newsformal.com)

 

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