Tag Archives: Trump Organization

The New York Times reports: The Trump family’s $500 million luxury hotel project in Serbia, slated to be built on the site of a bombed-out Defense Ministry building, has run into an embarrassing complication. A key document the Serbian government has relied on to deliver this deal was forged, officials there said this week. Jared Kushner, President Trump’s son-in-law, and …

The New York Times reports: A luxury hotel in Dubai. A second high-end residential tower in Jeddah, Saudi Arabia. Two cryptocurrency ventures based in the United States. A new golf course and villa complex in Qatar. And a new private club in Washington. In many cases these new deals promoted over the last week will personally benefit not only Eric …

Newsweek reports: The Trump Organization, founded by President Donald Trump and co-led by his sons Eric and Donald Jr., on Wednesday announced a new deal to develop a luxury golf resort in Qatar, signaling it has no intention of slowing foreign business activity during Trump’s second term. The announcement of a Trump-branded golf resort in Qatar underscores the deepening ties …

The watchdog group CREW reports: The New York Times recently reported that industry lobbyists anxious about the Trump administration’s delayed release of a new batch of H-2B visas, which allow foreign workers to do seasonal work in the United States, held a fundraiser last month at Trump’s Mar-a-Lago resort. Less than two weeks later, the Trump administration announced that the …

Semafor reports: US President Donald Trump will reportedly visit Saudi Arabia in mid-May, his first foreign trip since returning to office. The decision mirrors a move he made at the beginning of his first term, Axios noted, and cements Riyadh’s growing heft in global diplomacy. The kingdom has hosted ceasefire talks between the US, Ukraine, and Russia, and has played …

The BBC reports: A golf course owned by US President Donald Trump in the Republic of Ireland has been damaged by vandals. Gardaí (Irish police) are investigating after what is described as “criminal damage” was caused to the Trump International Golf Links Ireland in Doonbeg, County Clare. BBC News NI understands that the damage was confined to the course, and …

The New York Times reports: President Trump’s family business sued Capital One on Friday for “unjustifiably terminating” more than 300 of its bank accounts after the Jan. 6, 2021, attack on the Capitol, the latest sign that the president and his allies are seeking retribution against those who once shunned them. In a complaint filed in state court in Florida, …

The New York Post reports: President-elect Donald Trump is weighing a bid to save the failing Waldorf-Astoria hotel in Washington, DC – and rebrand it once more as a Trump International Hotel, The Post has learned. The incoming commander-in-chief’s company, the Trump Organization, is weighing options that include a licensing deal or even possibly buying back the lease on the …

Citizens For Responsibility and Ethics reports: While Donald Trump publicly campaigned for the presidency on a platform of raising tariffs on Mexico in order to force companies to move to the United States, his company was quietly doing business in Mexico, applying for a trademark for a Trump Tower in the country. The trademark application, filed on September 9, 2024 …

Reuters reports: The Trump Organization, Donald Trump’s family business, will have a “very large wall” separating its business activity from the U.S. government, the president-elect’s son, Eric Trump, said in an interview with Reuters in Abu Dhabi on Tuesday. The bulk of the Trump Organization’s business is in the United States, although it has significant interests overseas, including in Saudi …

ABC News reports: Allen Weisselberg, the former chief financial officer of the Trump Organization, was released from jail Friday. Weisselberg served 100 days in New York City’s Rikers Island jail complex after being sentenced in April to five months in jail for committing perjury in former President Donald Trump’s civil fraud case. Weisselberg pleaded guilty last year to lying under …

The Meidas Touch reports:  Trump Org today announced a new deal with Dar Global to develop a new Trump Tower project in Jeddah, Saudi Arabia. “Targeting the luxury Saudi Arabian market and international investors, this development significantly advances Dar Global’s growth strategy of capitalizing on opportunities across key cities in the Kingdom. As the international arm of the Saudi mega-developer …

Business Insider reports: The liquor licenses for Donald Trump’s three New Jersey golf courses are in his eldest son’s name, not his own, according to records obtained by Business Insider. But hiding behind Donald Trump, Jr. isn’t enough to protect the elder Trump. On Friday, state officials said Trump’s new felony record bars him from profiting from the licenses. They …

ABC News reports: The New Jersey Attorney General’s Division of Alcoholic Beverage Control (ABC) is reviewing the liquor licenses held by former President Donald Trump’s golf courses in the state following his criminal conviction in New York, the agency confirmed. Trump holds three active licenses for Trump National Golf Club Colts Neck, Lamington Farm Club and Trump National Golf Club …

“He got caught, you know, with his hand in the cookie jar, so to speak. So he’s not happy. This shouldn’t be a surprise but, I mean, this is how a man runs his business and I don’t think he’s gonna change who he is, quite frankly. He’s never gonna show remorse over this conviction and, you know, he’s gonna …

The right wing New York Sun reports: Trump International’s golf club in Scotland has lost its complaint against a newspaper, The Scotsman, which published an article about filthy conditions in the club’s kitchens that the real estate group said was “inaccurate and misleading.” The Scottish paper ran two articles critical of Trump International Golf Club Scotland Limited for food hygiene …

The Associated Press reports: Allen Weisselberg, a former longtime executive in Donald Trump’s real estate empire, is set to be sentenced Wednesday for lying under oath in the ex-president’s New York civil fraud case. Weisselberg, 76, is expected to be sentenced to five months in jail after pleading guilty last month to two counts of perjury. The ex-chief financial officer …

CNN reports: Former Trump Organization CFO Allen Weisselberg admitted on Monday to testifying falsely to the New York attorney general about his knowledge of the size of Donald Trump’s apartment triplex and how the value of that apartment was inflated on Trump’s financial statements for years based on the incorrect square footage. Weisselberg was charged with five counts of perjury, …

ABC News reports: Allen Weisselberg, the ex-chief financial officer of former President Donald Trump’s family real estate company, will plead guilty Monday to perjury charges that resulted from his testimony during Trump’s civil fraud trial, sources familiar with the matter told ABC News. This will be Weisselberg’s second criminal conviction after he pleaded guilty in 2022 to evading taxes on …

The Washington Post reports: Trump now owes New York at least $454 million — the $355 million penalty plus interest, which is now accruing at a rate of $114,000 per day. Separately, he faces an $83.3 million judgment in a federal defamation case brought by the writer E. Jean Carroll. Most of Trump’s wealth is tied up in real estate, …