Tag Archives: Trump Organization

Scotland: Trump May Face “Unexplained Wealth” Probe

The Scotsman reports: An opposition debate in the Scottish Parliament will set out the arguments for ministers to apply to the Court of Session and act on growing concerns over how the former US president’s holdings in Scotland were acquired. While the issue has been discussed three times at Holyrood in the past 12 months, the coming debate is significant. …

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COURT: Tax Firm Must Give Trump Org Docs To NY AG

CBS New York reports: A judge in New York on Friday ordered a law firm serving as counsel to the Trump Organization to turn over documents related to the former president’s business to the state’s attorney general. New York State Supreme Court Judge Arthur Engoron said in an order that he had completed a review of documents from the firm …

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Trump Organization Dropped By Tax Law Firm

The Wall Street Journal reports: The law firm that handled the tax affairs of Donald Trump and his company during his presidency said it would stop representing him and his business. The firm, Morgan Lewis & Bockius, is currently wrangling with the New York attorney general’s office over documents related to its work for the former president’s business, the Trump …

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Florida-Based Bank: We’re Closing Trump’s Accounts

The Washington Post reports: Another one of former president Donald Trump’s banks said Thursday that it is closing his accounts, as Trump returns to a business hammered by covid-19 and the backlash to Trump’s role in the deadly attack on the Capitol. “We no longer have any depository relationship with him,” Bank United said Thursday. The bank declined to give …

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Girls Scouts Want Out Of Lease In Trump Building

Business Insider reports: “In 2014, the Girl Scouts of Greater New York entered into a 15-year lease at 40 Wall Street,” Meridith Maskara, the CEO of the Girl Scouts of Greater New York, said in a statement provided to Insider by a spokeswoman for the Girl Scouts of The USA. “As a matter of very high priority, our organization has …

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Criminal Probe Expands To NY Trump Family Compound

CNBC reports: The Manhattan district attorney’s office has expanded its criminal probe of President Donald Trump’s company to include a sprawling property in Westchester County, New York. A lawyer for the town of Bedford, New York, told CNBC that DA Cyrus Vance Jr.’s office issued a subpoena to the town for records related to the Trump Organization’s Seven Springs Estate …

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Cohen Grilled By NY Prosecutors On Trump’s Finances

The Associated Press reports: New York prosecutors conducted an hourslong interview Thursday of Michael Cohen, President Donald Trump’s former personal attorney, asking a range of questions about Trump’s business dealings, according to three people familiar with the meeting. The interview focused in part on Trump’s relationship with Deutsche Bank, his biggest and longest standing creditor, according to the three people, …

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Palm Beach County Wants Out Of Trump’s Club Lease

The Palm Beach Post reports: A Palm Beach County official this week examined a contract with a Trump Organization affiliate to see if the county could end its lease with the president’s signature Trump International Golf Club in unincorporated West Palm Beach. Trump International Golf Club is Trump’s go-to spot when he stays at Mar-a-Lago, his Palm Beach estate. Trump …

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Eric Trump Rages About Liberal “Cancel Culture” After Trump Organization Gets Shunned By Multiple Partners

The Associated Press reports: The PGA canceled its tournament at his golf course. Banks say they won’t lend to him anymore. New York City is looking to end his contract to operate the Central Park skating rink. Hits to President Donald Trump’s business empire since the deadly riots at the U.S. Capitol are part of a liberal “cancel culture,” his …

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NYC To Terminate Trump Org Business Contracts

The Associated Press reports: New York City will terminate business contracts with President Donald Trump after last week’s insurrection at the U.S. Capitol, Mayor Bill de Blasio announced Wednesday. The Trump Organization is under city contract to operate the two ice rinks and a carousel in Central Park as well as a golf course in the Bronx. The Trump Organization …

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Deutsche Bank Won’t Do More Deals With Trump Org

Reuters reports: Deutsche Bank will not do business in the future with U.S. President Donald Trump or his companies in the wake of his supporters’ assault on the U.S. Capitol, the New York Times reported. Deutsche Bank is Trump’s biggest lender, with about $340 million in loans outstanding to the Trump Organization, the president’s umbrella group that is currently overseen …

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PGA Confirms: No 2022 Championship At Trump Club

Forbes reports: The Trump National Golf Club in Bedminster has been removed as the host of the 2022 PGA Championship — one of golf’s four major championships — the organization’s president announced on Sunday night, joining the list of entities who are looking to distance themselves from outgoing U.S. President Donald Trump days after a mob of his supporters breached …

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REPORT: Trump Resort To Lose PGA Championship

New Jersey Online reports: The PGA of America will strip Donald Trump of the 2022 PGA Championship, which is scheduled to be held at Trump National Bedminster golf club in New Jersey. In a blistering column that says the golf world must sever all ties with Trump, Golfweek’s Eamon Lynch said the PGA has been debating for two years the …

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Trump’s Scotland Golf Club Complains About Brexit

Bloomberg News reports: U.S. President Donald Trump’s golf business in northeast Scotland extended losses and warned about the impact of the coronavirus pandemic and Britain’s departure from the European Union. Trump International Golf Club Scotland Ltd., which operates a course in Aberdeenshire, reported a net loss of 1.1 million pounds ($1.5 million) for 2019 after losing 1.07 million pounds the …

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Trump Hotel Opens Bookings For Biden Inauguration

Mediaite reports: The Trump Hotel in Washington, D.C. has “unblocked” rooms for the week of the presidential inauguration, making them available for online reservations. The move implies the chain has conceded President Donald Trump’s defeat. Rooms for the week of Jan. 16–20 had been blocked from the hotel’s calendar. They are now available, and room prices have spiked to $3,600 …

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Donors Have Funneled $10.5M Into Trump Businesses

The Huffington Post reports: President Donald Trump’s donors — the vast majority of whom are working-class supporters and retirees contributing just a few dollars a month — put $10.5 million into the erstwhile billionaire’s own personal businesses over the course of his presidency, a HuffPost analysis found. Some $8.5 million came from the Trump campaign and related entities that Trump …

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Stormy Wants To Win The Trump Demolition Auction

The New York Daily News reports: The New Jersey seaside town’s mayor announced Wednesday that a fundraiser benefiting The Boys and Girls Club of Atlantic City was being launched, with the highest bidder winning the right to press the button that will start the implosion of the failed casino Trump built in 1984. On Thursday, a GoFundMe account was started …

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REPORT: Trump Mulling Pardon For Trump Org CFO

Yahoo News reports: Over the last six weeks, so many people have been calling and emailing the West Wing seeking pardons that White House staffers have had to create a spreadsheet to keep track of the requests. As of now, Trump is contemplating pardons for more than two dozen people within his circle. One person he is considering for clemency …

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Atlantic City Auctions Right To Explode Trump Casino

Philadelphia’s NBC News affiliate reports: One of President Donald Trump’s former Atlantic City casinos will be blown up next month, and for the right amount of money, you could be the one to press the button that brings it down. The demolition of the former Trump Plaza casino will become a fundraiser to benefit the Boys & Girls Club of …

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Trump Org Must Turn Over Docs To New York AG

Law & Crime reports: Advancing an investigation likely to trail the outgoing Commander-in-Chief long into his post-presidency, a Manhattan judge ordered the Trump Organization and its attorney to turn over documents to New York Attorney General Letitia James about an engineer for a 212-acre Westchester estate. Manhattan Supreme Court Judge Arthur Engoron, who previously found those documents to be privileged, …

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