Trump Inflated Scottish Resorts' Value By $165 Million

[applegrove]

Trump Inflated Scottish Resorts’ Value By $165 Million

August 20, 2019 at 2:57 pm EDT By Taegan Goddard Leave a Comment

https://politicalwire.com/2019/08/20/trump-inflated-scottish-resorts-value-by-165-million/

"SNIP....

“President Trump has filed financial disclosure statements that appear to misstate the value and profitability of his Scotland golf courses by $165 million, possibly violating federal laws that are punishable by jail time,” the HuffPost reports.

“Trump claimed in his 2018 U.S. filing that his Turnberry and Aberdeen resorts were each worth more than $50 million. For that same time period, he filed balance sheets with the United Kingdom government showing that their combined debt exceeded their assets by 47.9 million British pounds ― the equivalent of $64.8 million at the exchange rate on Dec. 31, 2017, the date of the last U.K. filing available.”

......SNIP"

[uponit7771]

1. If it's related to insurance or bank loan isn't that fraud? tia

[NewJeffCT]

2. more tax fraud by Donny Dollhands

and another reason why the House needs to get his tax returns and all related financials

[MontanaMama]

3. No way.

MF committed fraud again? I'm shocked I tell ya...shocked!

[spanone]

4. Isn't that called Fraud?

[gratuitous]

5. The prophet John Fogarty

Some folks are born silver spoon in hand
Lord, don't they help themselves, oh
But when the taxman comes to the door
Lord, the house looks like a rummage sale, yes

[spanone]

7. Fortunate Son...

[woodsprite]

6. His base says he's a smart business man since he knows how to commit fraud and get away with it. nt

[Wellstone ruled]

8. Will Scotland nail his sorry ass?

Doubt it,but,having to inflate the Real Estate Value by some 100+ million tells you a story that I have thought was happening all along. The Guy is Under Water my Friends and it is getting worse each passing day. Appears Donnie Boy is in Violation of some Loan Covenants,and he needs to inflate values in order to try and Reify his Losing Real Estate Assets to avoid Default and eventual Bankruptcy.

All you Real Estate speculator's know of what I speak.

[ROB-ROX]

9. THIS GUY BANKRUPTED 3 CASINOS

This guy is a bankrupt soulless evil IDIOT. He would be rich but he is too stupid to handle money or any business. We always thought an idiot would make a good president. I guess we were wrong with this idea........