President Donald Trump allegedly inflated the value of his assets and even claimed New York City's Trump Tower was 10 storeys taller than it actually is.
President Donald Trump is alleged to have routinely inflated the value of his assets in promotional documents called “Statements of Financial Condition,” which are now under investigation, to boost his net worth to lenders, journalists, and anyone he wanted to impress.
Trump claimed in one instance that New York City’s Trump Tower has 68 storeys, 10 more than reality. Another alleged falsehood said his vineyard in Virginia had 2,000 acres. But it only had 1,200 according to land records—an exaggeration of around 66 percent. On Wednesday, the House Oversight and Reform Committee released a March 20 letter to Trump’s longtime accountants Mazars requesting to see a decade’s worth of the president’s financial documents for its investigation into his business dealings.
As well as providing documents to Congress relating to the president's finances, Cohen testified in February that Trump had inflated his assets to Deutsche Bank when attempting to secure a loan. Deutsche Bank lent Trump millions of dollars over the years despite his financial troubles. “Mazars believes strongly in the ethical and professional rules and regulations that govern our industry, our work and our client interactions,” a spokeswoman for the company told CNBC. “As a matter of firm policy and professional rules we do not comment on the work we conduct for our clients.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
President Donald Trump to hold campaign rally in Michigan, 1st since Mueller report completedPres. Trump will hold his first campaign rally in Grand Rapids, Michigan tonight, his first since special counsel Robert Mueller completed his report on his investigation into Russian interference in the 2016 election.
Lire la suite »
Mueller report: No collusion, but vindication remains elusive for President Donald TrumpA summary of Robert Mueller's report offers Trump a measure of vindication, but also comes with a hefty dose of collateral legal and political damage.
Lire la suite »
President Donald Trump says FBI will look into Jussie Smollett case'It is an embarrassment to our Nation!' President Donald Trump tweeted Thursday morning.
Lire la suite »
Trump blasts Democrats at Michigan rally, calls investigations 'bulls--t'President Trump used harsh words Thursday during a rally in Michigan to slam his Democratic critics, claiming they are 'defrauding' Americans with 'bullsh--t.'
Lire la suite »
Trump declares victory after release of Mueller reportThe president and his allies were quick to launch an 'I-told-you-so' campaign, arguing that Democrats and the media were blinded by their alleged disdain for him.
Lire la suite »
Trump moves to turn Virginia red amid Democratic meltdownThe president's political team is using the state's elections this year as a test of whether Trump has a shot at flipping the state in 2020.
Lire la suite »
Trump Has Slapped His Brand On Images Of The White House To Sell At His Trump StorePresident Donald Trump has emblazoned the 'Trump' brand name on images of theWhite House to sell in his Trump Store and at the Trump International Hotel inthe capital
Lire la suite »
Trump lashes out after Russia probe, cites 'treasonous' and 'evil' actsSenate Republican Leader McConnell blocks Democrats' push for legislation calling on Justice Department to release the Mueller report to the public. More:
Lire la suite »
Trump claims 'total exoneration' from Mueller summary despite lack of answers on obstructionThe president said it was a “It was a complete and total exoneration,” and 'It is a shame our country had to go through this.'
Lire la suite »