The New York attorney general’s office told a court its investigators had uncovered evidence that former President Donald Trump’s company used “fraudulent or misleading” asset valuations to get loans and tax benefits.
of a long-running investigation of allegations that Trump’s company exaggerated the value of assets to get favorable loan terms, or misstated what land was worth to slash its tax burden.
Investigators, the court papers said, had “developed significant additional evidence indicating that the Trump Organization used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions.”Trump’s legal team has sought to block the subpoenas, calling them “an unprecedented and unconstitutional maneuver.
“For more than two years, the Trump Organization has used delay tactics and litigation in an attempt to thwart a legitimate investigation into its financial dealings,” James said. “Thus far in our investigation, we have uncovered significant evidence that suggests Donald J. Trump and the Trump Organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for economic benefit.
-- Inflated the value of a suburban New York golf club by millions of dollars by counting fees for memberships that weren’t sold or were never paid.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
New York AG says Trump's company misled banks, tax officials | AP NewsNEW YORK (AP) — The New York attorney general’s office late Tuesday told a court that its investigators had uncovered evidence that President Donald Trump’s company used “fraudulent or misleading” asset valuations to get loans and tax benefits.
Leer más »
New York AG says Trump's company misled banks, tax officialsThe former president and his lawyers say the investigation is politically motivated.
Leer más »
New York AG says her office has evidence Trump's company lied to tax officials and banksLetitia James' office says it has evidence the Trump Organization 'used fraudulent or misleading asset valuations to obtain a host of economic benefits.' And it wants him and Trump Jr. and Ivanka to testify about it.
Leer más »
New York AG accuses Trump Organization of using 'fraudulent or misleading' practicesLetitia James' office said evidence showed that the Trump Organization routinely misrepresented the value of its properties in financial statements.
Leer más »