Trump documents to banks, insurers contained clearly fraudulent information

329
Gage Skidmore / Flickr Donald Trump...
Gage Skidmore / Flickr

The Washington Post has obtained some of the documents that investigators have been looking into to determine if Donald Trump acted to mislead potential lenders about his true net worth. That accusation was made, pointedly, by longtime Trump attorney Michael Cohen in his public testimony before Congress.

And some of those documents, Trump’s “statements of financial condition” provided to banks and insurers, are astonishing.

• Trump lied about the number of floors in Trump Tower, claiming it had 68 floors rather than 58.

• Trump lied about the size of his 1,200-acre Virginia vineyard, claiming it was 2,000 acres, or almost double its true size.

• Trump lied about the number of lots he had zoned and ready for sale at his Southern California golf course, claiming 24 lots that did not exist.

These are, ahem, obviously not wee little oopsies. While a slightly less insane real estate developer might regularly overestimate the expected sale price of properties, for example, claiming a property is almost twice as large as it actually is or claiming your signature tower has sprouted ten more floors overnight would appear to be the sort of thing that would get any other developer thrown in prison.

But there somehow seems to be some debate, in the Post‘s article, as to whether or not this counts as true financial fraud. To be sure, he outright lied to financial firms about his holdings in an effort to secure more favorable terms—which would seem to be the only needed definition—but there’s some tittering over whether the lies are so egregious that they were perhaps not … meant to be taken seriously? Or something?

This continues the apparent pattern in which any investigation of Donald Trump, for anything, turns up additional evidence of more potential crimes. And you can be absolutely assured that the newly Democratic-run House will be examining every one of these bizarre documents.

Thank you to all who already support our work since we could not exist without your generosity. If you have not already, please consider supporting us on Patreon to ensure we can continue bringing you the best of independent journalism.

Leave a Comment

4 Comments on "Trump documents to banks, insurers contained clearly fraudulent information"

avatar
  Subscribe  
newest oldest most voted
Notify of
Impeach trump
Guest
Impeach trump

AND THEY SHOULD continue to investigate these false representations and seemingly criminal acts…WHY IS it ok that a lying con artist sits in the White House-people cannot continue to give him a pass and look away-he is ready to appoint a guy with NO creditionals who owes thousands in taxes unpaid…while Americans strugggle to pay their taxes-there must be action to STOP him NOW

Michael owens
Guest
Michael owens

And its not just the USA, the idiot is changing the balance of power in the world!!.. Russia & China, are laughing all the way to Domination in the southern hemisphere!!!.

Sick of the Con
Guest
Sick of the Con

Investigate. There should b action by now. In this digital era that you can get documents in seconds, he should have been impeached in his first year. A democrat with so many obvious criminal actions would be out unanimously by republicans and Dems and certainly indicted while in office. Dems , grow a spine.

Michael owens
Guest
Michael owens

Totally agree… if the USA waits any longer, it will be to late… hes putting stooges in positions of power. Then you will never get rid of the fool. He will destroy your country, financially, racially and socially ….