New York AG’s office alleges Trump inflated his net worth by as much as $2.2 billion in 1 year

[The5thHorseman]

CNN —
Donald Trump inflated his net worth by as much as $2.2 billion in one year, lawyers for the New York attorney general’s office alleged as part of their civil fraud lawsuit against the former president, his adult sons and the Trump Organization.


Over a 10-year period, the attorney general’s office said that when it corrects the Trump financial statements for alleged misvaluations it “reduces Mr. Trump’s net worth by between 17-39% in each year, or between $812 million to $2.2 billion, depending on the year.” The $2.2 billion disparity came in 2014, the state said.


That's not exactly a rounding error, but it is certainly a good reason why Mazars would want to distance itself from its work on behalf of Trump.

Hardly a feather in an auditor's cap.

Is there anything about the man that isn't a total fraud?

 

[EvilCat Breath]

Democrats are making it up as they go along. They can fabricate anything.

 

[Anomalism]

Whether Trump is worth 1 billion or 10 makes no difference to me.

 

[The5thHorseman]

Democrats are making it up as they go along. They can fabricate anything.

You just made that up.

 

[Augustine_]

CNN —
Donald Trump inflated his net worth by as much as $2.2 billion in one year, lawyers for the New York attorney general’s office alleged as part of their civil fraud lawsuit against the former president, his adult sons and the Trump Organization.


Over a 10-year period, the attorney general’s office said that when it corrects the Trump financial statements for alleged misvaluations it “reduces Mr. Trump’s net worth by between 17-39% in each year, or between $812 million to $2.2 billion, depending on the year.” The $2.2 billion disparity came in 2014, the state said.


That's not exactly a rounding error, but it is certainly a good reason why Mazars would want to distance itself from its work on behalf of Trump.

Hardly a feather in an auditor's cap.

Is there anything about the man that isn't a total fraud?

He's going to have to inflate it a lot more after all the lawsuits and dying slowly in prison

 

[Dont Taz Me Bro]

Democrats are making it up as they go along. They can fabricate anything.

Sounds like you have a lot in common.

 

[0311]

CNN —
Donald Trump inflated his net worth by as much as $2.2 billion in one year, lawyers for the New York attorney general’s office alleged as part of their civil fraud lawsuit against the former president, his adult sons and the Trump Organization.


Over a 10-year period, the attorney general’s office said that when it corrects the Trump financial statements for alleged misvaluations it “reduces Mr. Trump’s net worth by between 17-39% in each year, or between $812 million to $2.2 billion, depending on the year.” The $2.2 billion disparity came in 2014, the state said.


That's not exactly a rounding error, but it is certainly a good reason why Mazars would want to distance itself from its work on behalf of Trump.

Hardly a feather in an auditor's cap.

Is there anything about the man that isn't a total fraud?

01135809 only knows how to cheat. New York A.G. Letitia James is going him real estate fraud, tax fraud and insurance fraud. She will every fucking penny from AND take away his right to do business in New York State.

 

[EvilCat Breath]

You just made that up.

Leticia James is going over these contracts and "correcting" them. This is why they wanted the tax returns. So they can be "corrected ".

 

[The5thHorseman]

Leticia James is going over these contracts and "correcting" them. This is why they wanted the tax returns. So they can be "corrected ".

No...

Mazars disavowed their work over a decade.

The DA had to reconstruct these statements based on various other filings.

 

[Polishprince]

No one really knows with certainty how much the Trumpster is worth. It isn't like he just has a savings and checking account at the local building in loan.

He owns different properties and licenses, interests in partnerships, etc., all of which fluctuate in price daily if not more frequently.

 

[The5thHorseman]

No one really knows with certainty how much the Trumpster is worth. It isn't like he just has a savings and checking account at the local building in loan.

He owns different properties and licenses, interests in partnerships, etc., all of which fluctuate in price daily if not more frequently.

Bull.

Real estate values are determined periodically, through appraisals....which aren't free.

 

[0311]

No...

Mazars disavowed their work over a decade.

The DA had to reconstruct these statements based on various other filings.

The D.A. is a very determined. Which is what we need.

 

[WEATHER53]

The institutions that you borrow money from confirm your income. It’s not a business of NY State.

 

[The5thHorseman]

The institutions that you borrow money from confirm your income. It’s not a business of NY State.

That's not true.

 

[0311]

The institutions that you borrow money from confirm your income. It’s not a business of NY State.

IF you ain't employed, how do you pay the loan back.

Engage brain before thinking.

 

[EvilCat Breath]

That's not true.

It is true unless someone complains. It's not up to the state to correct financial records then look for an aggrieved party.

 

[Rogue AI]

No...

Mazars disavowed their work over a decade.

The DA had to reconstruct these statements based on various other filings.

'Reconstructing', sounds a lot like making shit up.

 

[The5thHorseman]

It is true unless someone complains. It's not up to the state to correct financial records then look for an aggrieved party.

That's not how it happened.

When Mazars left there was no one willing to vouch for any financial records....to calculate the damages, the city must now find figures on which the can rely.

 

[WEATHER53]

That's not true.

It’s the business I’m in. You are operating from feelings and wishes.

 

[WEATHER53]

IF you ain't employed, how do you pay the loan back.

Engage brain before thinking.

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