AG James, Aug 2020/ "..probe into Trump valuation of assets to get loans"
"If Trump applied for bank financing of his buildings with information that's *different* than what's on those tax returns...HE IS GOING TO PRISON FOR BANK FRAUD."
From the article:
Trump faces N.Y. probe into valuation of assets to get loans
By Erik Larson
August 25, 2020,
New York is investigating whether President Donald Trump’s company falsely reported the value of his assets to secure loans and get tax benefits as claimed last year by Trump’s former personal lawyer and fixer, Michael Cohen, who has fallen out with his ex-boss.
New York Attorney General Letitia James said Monday that she took legal action to enforce seven subpoenas seeking thousands of documents and testimony from multiple witnesses. They include Eric Trump, one of the president’s sons and executive vice president of the Trump Organization, who refused to show up for a subpoena interview last month, she said.
The investigation is looking into transactions involving a neo-Gothic Trump skyscraper in Manhattan called 40 Wall Street, as well as the Trump International Hotel and Tower Chicago and a Los Angeles golf club, court records show. James, a Democrat, said a particular focus of the probe is an obscure property called Seven Springs on 212 acres outside New York City.
MORE...
https://www.accountingtoday.com/articles/trump-faces-n-y-probe-into-valuation-of-assets-to-get-loans
Michael Cohen gave up info on Trump's
false reporting the value of his assets to secure loan
Looks like Trump's "Fixer" really fixed it for him!! 😁
And btw, isn't Eric due to answer for that subpoena soon?
= new reply since forum marked as read
