Trump Lied To Feds About Value Of Overseas Resorts

Politico reports:

President Donald Trump appears to have inflated the value of his three golf resorts in Scotland and Ireland in documents filed with the U.S. government, according to a new examination of six years of financial records in the U.S. and Europe. And the group behind the finding wants the discrepancy investigated as part of a sprawling government probe into the Trump Organization‘s finances.

Trump claimed the resorts — Trump International Golf Links Aberdeen and Trump Turnberry, both in Scotland, and Trump Doonbeg in Ireland — brought in a total of about $179 million in revenue on U.S. documents where he is supposed to list his personal income. Records in the United Kingdom and Ireland indicate the resorts‘ revenues were millions of dollars less — about $152 million — and show they actually lost $77 million after accounting for expenses.

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