Trump Inflated Value Of Scottish Golf Resorts By $165M

The Huffington Post reports:

President Donald Trump has filed financial disclosure statements that appear to misstate the value and profitability of his Scotland golf courses by $165 million, possibly violating federal laws that are punishable by jail time. Trump claimed in his 2018 U.S. filing that his Turnberry and Aberdeen resorts were each worth more than $50 million.

For that same time period, he filed balance sheets with the United Kingdom government showing that their combined debt exceeded their assets by 47.9 million British pounds ― the equivalent of $64.8 million at the exchange rate on Dec. 31, 2017, the date of the last U.K. filing available.

Knowingly providing false or incomplete information on that form is a violation of the Ethics in Government Act punishable by up to a year in jail. Signing the form attesting to the untrue information constitutes making a false statement, punishable by up to five years in prison.

There’s even more criminality at the link.