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riversedge

(70,093 posts)
Tue Aug 11, 2020, 03:47 PM Aug 2020

Trump could face more legal trouble after group finds evidence he inflated the value of his golf

Source: raw story



Published 1 min ago on August 11, 2020

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“Trump claimed the resorts — Trump International Golf Links Aberdeen and Trump Turnberry, both in Scotland, and Trump Doonbeg in Ireland — brought in a total of about $179 million in revenue on U.S. documents where he is supposed to list his personal income,” wrote Politico’s Anita Kumar. “Records in the United Kingdom and Ireland indicate the resorts‘ revenues were millions of dollars less — about $152 million — and show they actually lost $77 million after accounting for expenses.”
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In 2018, Trump said that the Scottish resorts were worth at least $100 million when he disclosed it in the documents, but the U,K. disputed it because Trump had more $80 million in debts that same year.

“Our research has uncovered numerous examples of the Trump Organization reporting potentially fraudulent financial details to the U.S. Office of Government Ethics in addition to apparent inconsistencies, misstatements, and lies in President Trump’s annual financial disclosure filings regarding its overseas golf courses,” said American Democracy Legal Fund (ADLF) President Brad Woodhouse.

The ADLF is now asking Manhattan District Attorney Cyrus Vance Jr. to take a closer look into whether Trump broke the law by lying on the financial forms, a letter sent to Vance and the FBI said. ..................................

Read more: https://www.rawstory.com/2020/08/trump-could-face-more-legal-trouble-after-group-finds-evidence-he-inflated-the-value-of-his-golf-resorts/#.XzLzyEzqF_4.twitter



Tirump is keeping his lawyers busy!






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Trump could face more legal trouble after group finds evidence he inflated the value of his golf (Original Post) riversedge Aug 2020 OP
when I read "inflated", I thought of his bloated form, and his bloated ego NRaleighLiberal Aug 2020 #1
Uhm..he lies! mountain grammy Aug 2020 #2
Most Succinct! ProfessorGAC Aug 2020 #3
They'll be uncovering crimes from this criminal family duforsure Aug 2020 #4
I hope he rots in prison and enjoys no popularity or status there. JudyM Aug 2020 #7
I hope this story has legs and doesn't get overshadowed by COVID and elections nt Fiendish Thingy Aug 2020 #5
Everyone knows Trump doesn't pay his bills. SergeStorms Aug 2020 #6
Sounds like money laundering to me. iemitsu Aug 2020 #8
Someday there will be a double episode of "American Greed: louis-t Aug 2020 #9
Ivanka is his enabler. Baked Potato Aug 2020 #10

SergeStorms

(19,187 posts)
6. Everyone knows Trump doesn't pay his bills.
Tue Aug 11, 2020, 05:24 PM
Aug 2020

So you can forget all about those "expenses" on the balance sheet. I smell yet another bankruptcy in the wind. I'm sure he's cleverly hidden all the money he's stolen from the taxpayers. It would take three teams of Federal Examiners to find out where that money is. Freakin' crook!

iemitsu

(3,888 posts)
8. Sounds like money laundering to me.
Tue Aug 11, 2020, 05:41 PM
Aug 2020

Why would one claim to have made 25 million more than he actually did? Because he has money he can't account for.

louis-t

(23,273 posts)
9. Someday there will be a double episode of "American Greed:
Wed Aug 12, 2020, 10:59 AM
Aug 2020

Scams and Scoundrels". It will barely scratch the surface.

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