Tim O'Brien @TimOBrien - "'The discrepancies are “versions of fraud,' said Nancy Wallace, a professor of finance and real estate at the Haas School of Business at the University of California-Berkeley. 'This kind of stuff is not OK.'"
2:04 PM · Oct 16, 2019·
Tim O'Brien
@TimOBrien
Executive Editor: Bloomberg Opinion (
@bopinion
).
@MSNBC analyst
Tim O'Brien
@TimOBrien
·
33m
New York City’s property tax forms state that the person signing them “affirms the truth of the statements made” and that “false filings are subject to all applicable civil and criminal penalties.”
Tim O'Brien
@TimOBrien
·
11m
The Trump Organization has been at this game for a long time. When I interviewed Trump's CFO, Allen Weisselberg, in 2005 for "TrumpNation," he told me that Trump valued 40 Wall Street at $400 million -- at a time when it was assessed for property tax purposes at only $90 million
Tim O'Brien
@TimOBrien
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5m
Playing with assessments is an old pastime with the Trumps. In the 1950s, Fred Trump was hauled before a Congressional hearing about abuses in federally-backed housing projects -- which Fred built his fortune on. He revealed during his testimony that...
Malta??
@malta417
·
30m
Replying to
@TimOBrien
If NYC had gone after him years ago as they should, we would not be looking at him from the Oval Office today.
#sickening
c lewis silberman
@silbecl
·
23m
Replying to
@TimOBrien
and
@atrupar
"The documents were public because Trump appealed his property tax bill for the buildings every year for nine years in a row... Loan records became public when Trump’s lender, Ladder Capital, sold the debt on his properties as part of mortgage-backed securities."
good journalism
THREAD
twitter.com
How Trump’s $50m golf club became $1.4m when it came time to pay tax
This article is more than 3 years old
Same Donald Trump-owned golf club is separately accused of causing floods that led to $240,000 worth of damage to New York village of Briarcliff Manor
Michael Cohen testimony – live updates
Jon Swaine in Briarcliff Manor, New York
@jonswaine
Sat 12 Mar 2016 14.25 GMT
An attempt by Donald Trump to slash the property tax bill on a golf club outside New York City may be undermined by records indicating that he previously said the property was worth 35 times more than the value he is now trying to convince a judge to approve.
The Republican presidential frontrunner is suing the town of Ossining in Westchester County to reduce the taxes on Trump National Golf Club, a 147-acre property with a lavish clubhouse and 18-hole course whose managers are separately accused of causing floods that led to $240,000 worth of damage to local public facilities.
...
Trump’s new valuation, however, contrasts with the 92-page financial disclosure document that he released to the US government as he embarked on his audacious campaign for the presidency last year. Trump listed the Westchester club and its manicured links as an asset worth more than $50m within his purported $10bn fortune. The club charges would-be members an $250,000 entry fee.
[ Donald Trump's Financial Disclosures
Uploaded byCNBCDigital
Description:Trump's financial disclosures as filed with the FEC.
scribd.com ]
...
MUCH MORE
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