Couchpotato
Platinum Member
- Mar 2, 2021
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Rolling Stone has been a little fast and loose with their reporting of late. I think I'll wait and see before passing judgement. Also we've been hearing of Trump's impending doom for the last 3-5 years so...Boy, this doesn't sound like him at all.
Two former insiders tell Rolling Stone that Trump’s team attempted to turn a storm into a massive payday — part of a pattern of shady insurance practices that have caught law enforcement’s attentionFor most businesses, a freak thunderstorm flooding your golf course would constitute something between an inconvenience and a crisis — especially after you faced accusations of illegally modifying your course in a way that caused water damage to your neighbor’s buildings. But most businesses aren’t run by Donald Trump.When a deluge flooded the Trump Organization’s Westchester County golf course and a nearby town in 2011, the organization used a wildly inflated claim to score an insurance payout of nearly $1.3 million, pulling in far more than what it spent to repair the course, two people tell Rolling Stone. The previously unreported insurance claim at Trump National Golf Club in the Village of Briarcliff Manor far outstripped the cost to repair the damages, which were about $130,000 to $150,000, one of the sources says.One of the sources, a former Briarcliff employee, says superficial repairs were made to the damaged parts of the course. “The work was never completed,” the former employee says. “They basically band-aided it.” The Trump Organization had sought even more than the nearly $1.3 million that was paid out, but the insurer withheld a portion because the Trump Organization failed to produce the required receipts, the other source says.
New Trouble for Trump: His Company Is Accused of a Major Insurance Scam
Two former insiders say Trump’s team attempted to turn a storm into a massive payday — part of a pattern of shady insurance practiceswww.rollingstone.com