Trump inflated net worth by more than
$2 billion in one year, N.Y. attorney
general alleges
NBC News,
by
Tom Winter
&
Zoë Richards
Original Article
Posted By: Dreadnought,
8/30/2023 7:18:02 PM
Former President Donald Trump routinely overstated his personal net worth to financial institutions by as much as $2.2 billion one year, or 38.5%, New York Attorney General Letitia James' office alleged in a filing Wednesday.
The figures, tucked into a 100-page motion for partial summary judgment, are the latest details in the sweeping $250 million civil lawsuit James brought against Trump, some of his eldest children and the Trump Organization last year. The lawsuit alleges efforts spanning 10 years to inflate Trump's personal net worth to attract favorable loan agreements. In court papers filed Wednesday in state Supreme Court, prosecutors asked the court to rule in favor
Reply 1 - Posted by:
scottj 8/30/2023 7:22:00 PM (No. 1546189)
This is from NBC. Democrat propaganda.
27 people like this.
Reply 2 - Posted by:
vrb8m 8/30/2023 7:24:16 PM (No. 1546190)
Pathetic. But please keep embarrassing yourselves.
29 people like this.
Reply 3 - Posted by:
earlybird 8/30/2023 7:27:14 PM (No. 1546194)
This makes zippy lib headlines, but lending institutions do their own due diligence. Those who dealt with him wanted his business.
30 people like this.
Reply 4 - Posted by:
Vaquero45 8/30/2023 7:31:34 PM (No. 1546197)
Okay. So, Trump got a loan from a bank. The bank had the responsibility to ensure that Trump’s collateral was what he said it was. Trump got the money, and paid (or is paying) it back; if he hadn’t, we’d know about it.
It’s none of the attorney general’s business. it’s between Trump and the bank. This should be dismissed.
42 people like this.
Reply 5 - Posted by:
anniebc 8/30/2023 7:42:32 PM (No. 1546206)
And?
23 people like this.
Reply 6 - Posted by:
chance_232 8/30/2023 7:45:28 PM (No. 1546211)
And Biden puports to be a sentient competent human......what's your point?
22 people like this.
Reply 7 - Posted by:
philsner 8/30/2023 7:50:50 PM (No. 1546216)
So what?
19 people like this.
Reply 8 - Posted by:
DVC 8/30/2023 8:00:37 PM (No. 1546222)
The values of real estate go up and down, fast. And I seriously doubt that these NBC morons have any clue about large scale real estate.
22 people like this.
Reply 9 - Posted by:
smokincol 8/30/2023 8:33:47 PM (No. 1546245)
"NBC News, by Tom Winter & Zoë Richards" - says it all ... they're all as bad or worse than Communist News Network
people have to stop watching these subversive networks if the want to keep this nation in one piece
10 people like this.
Reply 10 - Posted by:
Birddog 8/30/2023 8:41:00 PM (No. 1546252)
Did he get the loans? Did he pay off the loans? Did the Lenders complain...about ANYTHING?
Even during the massive market and real estate crashes, Trump paid off his loans, Refi'd some yes...but didn't just walk away and write them off as MANY people did, The Banks and lenders were/are still happy..
Hyatt/Marriott and others just screwed their lenders, stopped payments, gave notice that they would not re-fi, handed over the buildings...just last month, leaving the Banks holding Hotel property than do NOT want, and because SF is such a Sh*te-hole, no one else does either. NYC was like that, and is getting that way again. His DC Hotel was a money pit, owned by the federal Govt, former national Post office, swalloed Tax dollars by the bushell for decades...He bid on and WON a contract on leasing it...remodeled and marketed it out of his OWN pocket...made it an instant success, and an attraction, made BIG Money,...BUT...The City and Federal Govts made even MORE.
12 people like this.
Reply 11 - Posted by:
Birddog 8/30/2023 8:46:33 PM (No. 1546261)
Ya know...If I could BUY Letita James for what she;s worth, and sell her for what she THINKS she's worth? My net worth would increase by $2Billion as well...overnight.
13 people like this.
Reply 12 - Posted by:
stablemoney 8/30/2023 9:11:56 PM (No. 1546283)
Real Estate sellers ask $100, buyers offer $80. Then, they negotiate a price.
8 people like this.
Reply 13 - Posted by:
red1066 8/30/2023 9:14:07 PM (No. 1546285)
I don't get it. Someone inflated their net worth, and no one was harmed by that, and it's considered a crime?
11 people like this.
Reply 14 - Posted by:
paral04 8/30/2023 9:22:12 PM (No. 1546292)
Oh so what? They would better serve us if they mentioned The Biden Crime familes millions they earned from China and Ukraine.
9 people like this.
Reply 15 - Posted by:
Kate318 8/30/2023 9:42:36 PM (No. 1546309)
So?
8 people like this.
Reply 16 - Posted by:
hershey 8/30/2023 9:56:25 PM (No. 1546320)
Here we go again...another stinker from Letitia James...she needs to be pulled out, tarred, and feathered...these wankers will NEVER let President Trump rest...they are so afraid he is going to run again and then finally clean the deep state rat nest...which he should have done the very first day he was President...send US Marshals into every democrap occupied office and frog march the occupants out sans phones, computers, or any data devices and NO papers stuffed in their socks, and strip their security badges so they can't get back in...
7 people like this.
Give it up Letitia. Your little attempt at smearing Trump is going to prove once and for all time publicly that Trump followed all IRS requirements when he filed. As he himself said in 2016, 'Democrats wrote the rules he followed during the 46 straight years they controlled the House'. This also tells me that Letitia and Bragg have nothing valid or relevant with which to LEGALLY charge him with.
9 people like this.
Reply 18 - Posted by:
watashiyo 8/30/2023 11:43:51 PM (No. 1546375)
So what?! Who cares!!!
4 people like this.
Reply 19 - Posted by:
Trigger2 8/31/2023 2:38:27 AM (No. 1546420)
She wishes. And exactly why didn't banks perform due diligence? I'm not believing her crap.
2 people like this.
Reply 20 - Posted by:
judy 8/31/2023 1:49:13 PM (No. 1546812)
I guess so fake Biden lover nbc…Biden’s years are much different than Trump years ….the $$$ mean less, the spending power is less, inflation is high, gas prices increased thus causing a domino effect on everything!!!
1 person likes this.
Reply 21 - Posted by:
judy 8/31/2023 1:50:28 PM (No. 1546813)
NBC owned by Comcast!!!! That’s all you need to know !!!
1 person likes this.
Reply 22 - Posted by:
judy 8/31/2023 6:28:33 PM (No. 1546958)
Oh please nbc …he’s using Bidens inflation numbers,,, a $$$ is worthless…
1 person likes this.
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