Trump compared his properties to Mona Lisa and Renoir - and said his Doral golf course was worth $2.5 BILLION - in fraud deposition where he said he was too busy avoiding a 'nuclear holocaust' to run
1 year, 3 months ago

Trump compared his properties to Mona Lisa and Renoir - and said his Doral golf course was worth $2.5 BILLION - in fraud deposition where he said he was too busy avoiding a 'nuclear holocaust' to run

Daily Mail  

Former President Donald Trump compared his golf and real estate empire to the Mona Lisa and other priceless art works, as he fights charges he inflated property values and defrauded banks to secure lending. 'I have great assets,' Trump gushed – raving about Mar-a-Lago as well as his property at 40 Wall Street, which he said is 'the best location,' he told prosecutor Kevin Wallace in James' office. Former President Donald Trump compared his property empire to the Mona Lisa and great works by Renoir in a 479 page deposition for a New York lawsuit His claims were included in a 479-page deposition for a suit where James is seeking $250 million in damages. Trump invoked the Mona Lisa and said selling one golf course was like 'selling a painting' Trump gushed about the history at his Turnberry course in Scotland, claiming it was worth $250 million He talked up the location of 40 Wall St. and said it could be condo-ized Trump said his Doral course was zoned for gambling Trump's real estate empire includes golf properties, branding deals, and other assets Trump also said he avoided a nuclear holocaust by dealing with North Korea 'I wasn't really interested, believe it or not,' he said.

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History of this topic

Trump must now decide whether to LIQUIDATE assets from his $323M in golf courses and $690M in New York buildings and golf properties to pay stunning $355 million fraud fine or cough up $35M bond in 30
10 months, 1 week ago

Trump must now decide whether to LIQUIDATE assets from his $323M in golf courses and $690M in New York buildings and golf properties to pay stunning $355 million fraud fine or cough up $35M bond in 30

Daily Mail  

Former President Donald is estimated to be worth more than $2 billion, but paying off a $355 million fine that a New York judge slapped on his business empire could require some painful decisions. Former President Donald Trump faces a potential cash crunch as he faces a $355 million award from a New York judge, following an $83 million damage …

Banker involved in big loans to Trump’s company testifies for his defense in civil fraud trial
1 year ago

Banker involved in big loans to Trump’s company testifies for his defense in civil fraud trial

Associated Press  

NEW YORK — When Deutsche Bank loaned Donald Trump’s company hundreds of millions lawyers of dollars, the bank always followed its own guidelines that include checking out information that would-be borrowers provide, an executive testified Tuesday at the former president’s civil fraud trial. But, testifying for the defense, managing director David Williams said the bankers viewed clients’ reports of their …

Donald Trump’s lawyers focus on outside accountants who prepared his financial statements
1 year, 1 month ago

Donald Trump’s lawyers focus on outside accountants who prepared his financial statements

Associated Press  

NEW YORK — Donald Trump blamed his accountants. Trump’s lawyers spent Tuesday digging into outside accounting firm Mazars USA LLP’s role in preparing financial statements at the heart of New York Attorney General Letitia James’ lawsuit, upping the blame with expert testimony from a former federal financial regulator. Jason Flemmons, testifying as an accounting expert, questioned some of the firm’s …

Ivanka grilled on Donald Trump’s net worth in fraud trial testimony
1 year, 1 month ago

Ivanka grilled on Donald Trump’s net worth in fraud trial testimony

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. A courtroom sketch depicts Ivanka Trump, right, on …

Trump inflated net worth up to $2.2 billion per year from 2011 to 2021, say prosecutors
1 year, 3 months ago

Trump inflated net worth up to $2.2 billion per year from 2011 to 2021, say prosecutors

Firstpost  

In documents filed in support of an ongoing $250 million civil suit against the ex-president, state Attorney General Letitia James claimed Trump and some of his aides submitted “grossly inflated” numbers to banks and insurers “to secure and maintain loans and insurance on more favorable terms” Donald Trump routinely overvalued his net worth by billions of dollars each year between …

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