Manhattan DA says they are investigating why "between 2004-2014, Trump faced billions in liabilities

[marble falls]

Link to tweet

Robert J. DeNault
@robertjdenault
·
3h
Ahead of hearing at 2nd Circuit tmrw, Manhattan DA says they are investigating why “between 2004-2014, Trump faced billions in liabilities and yet somehow had money to purchase ‘five houses, eight golf courses and a winery,’ including land in Scotland, for $400 million in cash.”

Robert J. DeNault
@robertjdenault
·
3h
More: in motion supporting its investigation, DA points to public reports that Trump’s money spree was “facilitated by ‘unconventional’ borrowing beginning in 2012.” This is for the second round of Trump’s appeal to block the DA from obtaining his tax and accounting records.

Robert J. DeNault
@robertjdenault
·
3h
“Reports allege that in 2012, Trump Org entities paid $48 million in satisfaction of $130 million debt related to Trump Tower Chicago. The Trump Org *claimed publicly* it purchased the rest of the debt and that it remains on Trump books as a debt from one subsidiary to another.”

Robert J. DeNault
@robertjdenault
·
3h
Note that DA wrote Trump Org “claimed publicly” it bought rest of the debt. This debt has long been the source of scrutiny by news outlets and other financial experts. It made no sense. Did something else happen behind closed doors?

Robert J. DeNault
@robertjdenault
·
3h
Manhattan DA has gone to great lengths to maintain secrecy of its probe. It subpoenaed Deutsche Bank docs a year ago—no one knew until August 2020. In motion, it points to specific public reporting to explain and justify its work in order to avoid revealing anything. And yet...

Robert J. DeNault
@robertjdenault
·
3h
There are hundreds—if not thousands—of reports about Trump’s finances. The ones the DA is choosing to cite directly to support its investigation aren’t random. They are breadcrumbs.

DA showing what the investigation is targeting without breaking secrecy or revealing its hand.

[Blue Owl]

1. If we only knew the half of Donny's dirty deeds...

[soothsayer]

4. Done dirt cheap?

[Blue Owl]

6. The price? His soul...

Donny's on the Highway to Hell...

[Cirque du So-What]

2. What was the exchange rate

of rubles to dollars during that time frame? A rhetorical question, but certainly relevant to this investigation.

[ecstatic]

3. Better late than never!

I'm counting on NY to FINALLY lock him up 1/21/21. No bail. Just jail.

[marble falls]

5. New York, through one agency or more, is going to have him in an orange suit, no doubt in my mind.

[Midnight Writer]

7. Don't they have The Family accountant and isn't he cooperating? Haven't heard about him for awhile.

[Thrill]

8. This is why he will do anything to win

Because soon as he’s not President, he’s getting locked up

[Buckeyeblue]

9. Interesting. Are there state laws around money laundering?

And I wonder if the same people that were helping Trump during this period also "helped" other politicians? Is this what keeps the Republican leadership in check?