INVESTIGATIONS/NEW YORK/TRUMP BUSINESS: “The New York attorney general’s office has ‘uncovered significant evidence’ suggesting that financial statements by the Trump Organization relied on misleading valuations of its real estate assets for more than a decade, the office said in a court filing Tuesday [March 29, 2022].
Those potentially misleading valuations ‘and other misrepresentations’ were used by the company owned by ex-President Donald Trump ‘to secure economic benefits — including loans, insurance coverage, and tax deductions — on terms more favorable than the true facts warranted,’ the filing alleged.”
-Dan Mangan, “‘Significant’ evidence suggests Trump Organization misstated asset values for more than a decade, NY AG says,” CNBC.com, March 29, 2022