Tag Archives: Trump Organization

The New York Times reports: Former President Donald J. Trump’s family business, which is already under indictment in Manhattan, is facing a criminal investigation by another prosecutor’s office that has begun to examine financial dealings at a golf course the company owns, according to people with knowledge of the matter. The district attorney’s office in suburban Westchester County, N.Y., has …

NBC News reports: Former President Donald Trump has been ordered to answer questions under oath in a lawsuit Monday, and his attorneys could set a date for a deposition in another case, as well. The lawsuits, involving allegations that his security guards roughed up protesters outside Trump Tower in New York and allegations of defamation by former “Apprentice” contestant Summer …

The Wall Street Journal reports: Former President Donald Trump’s family company is in advanced discussions to sell the rights to its opulent Washington, D.C., hotel in a deal worth more than $370 million, say people familiar with the matter. CGI Merchant Group, a Miami-based investment firm, is in talks to acquire the lease on the hotel, these people said. The …

From the House Committee on Oversight and Reform: The documents provided by GSA raise new and troubling questions about former President Trump’s lease with GSA and the agency’s ability to manage the former President’s conflicts of interest during his term in office when he was effectively on both sides of the contract, as landlord and tenant. Specifically, the Committee found …

The Washington Post reports: Donald Trump’s luxury Washington hotel lost more than $70 million while he was in office despite reaping millions in payments from foreign governments, according to federal documents released by the House Committee on Oversight and Reform on Friday. The committee, chaired by Rep. Carolyn B. Maloney (D-N.Y.), released hundreds of pages of financial documents on the …

Forbes reports: Donald Trump is worth an estimated $2.5 billion, leaving him $400 million short of the cutoff to make this year’s Forbes 400 list of America’s richest people. The real estate mogul is just as wealthy as he was a year ago, when he stood at No. 339 on the ranking, but he is down $600 million since the …

Bloomberg News reports: A $100 million loan on Donald Trump’s Fifth Avenue tower was moved to a watch list Monday because of “lower average occupancy,” according to information compiled by Wells Fargo & Co. The debt, sponsored by the former president himself, is secured by the 244,482 square feet (22,700 square meters) of office and retail space in Trump Tower. …

“The problem with the Democrats is they dig so deep that they always find themselves. And the reason I’m frustrated about this is every single day since my father ran for president, my father and our entire family and our company has been under investigation. “Every single day, Maria, we get subpoena after subpoena after subpoena. But, I mean, they …

Axios reports: Former President Trump is in advanced talks to sell rights to his Trump International Hotel in Washington, D.C., sources tell Axios. The removal of Trump’s big, golden name from Pennsylvania Avenue would be a symbolic bombshell savored by opponents. The historic building became a prop and symbol for both sides in the political wars. The hotel was a …

The Washington Post reports: Inside Trump Tower, swank suit-maker Marcraft Clothes once rented the entire 18th floor, outfitting its offices with fireplaces, mahogany-lined closets and two bars for schmoozing customers. But then Marcraft fell $664,000 behind on rent and went out of business last year — its assets having dwindled to $40.75 in a checking account and “1,200 damaged coats,” …

Politico reports: A federal judge has ruled that former President Donald Trump’s accountants must turn over two years’ worth of his tax and financial records to a House committee investigating whether Trump and his businesses profited from his service in the White House. U.S. District Court Judge Amit Mehta on Wednesday approved a House Oversight and Government Reform Committee subpoena …

The Scotsman reports: Legal efforts to force Scottish ministers to scrutinise the financing of Donald Trump’s golf and hotel resorts have overcome a significant hurdle, after the Court of Session granted permission for campaigners to seek a judicial review of the Scottish Government’s position. Avaaz, a US-based non-profit activism organisation, petitioned Scotland’s highest court after MSPs rejected calls to pursue …

Law & Crime reports: Former president Donald Trump, his prized family business, the Trump Organization, and three of his adult children, Donald Trump Jr., Ivanka Trump, and Eric Trump, all suffered a significant legal setback in a federal appeals court opinion issued Wednesday morning. For years the Trump family and its namesake entity have fought to keep a potentially ugly …

The Washington Post reports: The Trump Organization has removed indicted Chief Financial Officer Allen Weisselberg from his leadership roles at more than 40 subsidiary companies, according to corporate filings in the U.S. and Scotland. The changes were made last Thursday and Friday, a week after a grand jury in Manhattan indicted Weisselberg on 15 felony counts, including grand larceny and …

The Washington Post reports: One of former president Donald Trump’s golf clubs on Wednesday agreed to pay a $400,000 penalty to the state of New Jersey for overserving alcohol to a customer who later caused a fatal car crash, according to settlement documents released by the state. Under the settlement, Trump’s golf club in Colts Neck, N.J., pleaded no contest …

ABC News reports: President Donald Trump was distraught as he watched Trump Organization Allen Weisselberg walk into Manhattan court in handcuffs, according to ABC News reporter John Santucci, who said the former president called the 15-count indictment a “disgrace.” Santucci asked Trump about the “perp walk” videos of Weisselberg in handcuffs. “The president was unaware of that,” he explained. “He …

The New York Times reports: The Trump Organization, the real estate business that catapulted Donald J. Trump to tabloid fame, television riches and ultimately the White House, will be charged Thursday with fraud and tax crimes, according to two people who were briefed on the matter. The Manhattan district attorney’s office, which has been conducting the investigation, also brought charges …

The New York Times reports: Donald J. Trump’s long-serving chief financial officer, Allen H. Weisselberg, surrendered on Thursday to the Manhattan district attorney’s office as he and the Trump Organization prepared to face charges in connection with a tax investigation, people with knowledge of the matter said. The exact charges were not yet known. Prosecutors were expected to unseal an …

The Wall Street Journal reports: The Manhattan district attorney’s office is expected to charge the Trump Organization and its chief financial officer with tax-related crimes on Thursday, people familiar with the matter said, which would mark the first criminal charges against the former president’s company since prosecutors began investigating it three years ago. The defendants are expected to appear in …

The Washington Post reports: Prosecutors in New York have given former president Donald Trump’s attorneys a deadline of Monday afternoon to make any final arguments as to why the Trump Organization should not face criminal charges over its financial dealings, according to two people familiar with the matter. That deadline is a strong signal that Manhattan District Attorney Cyrus R. …