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Drudge Retort: The Other Side of the News
Wednesday, October 20, 2021

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.

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...In recent months, the district attorney's office in suburban Westchester County, N.Y., has subpoenaed records from the course, Trump National Golf Club Westchester, and the town of Ossining, which sets property taxes on the course, a sprawling private club that is perched on a hill north of New York City and boasts a 101-foot waterfall.

The full scope of the investigation could not be determined, but the district attorney, Mimi E. Rocah, appears to be focused at least in part on whether Mr. Trump's company, the Trump Organization, misled local officials about the property's value to reduce its taxes, one of the people said.

Ms. Rocah, a Democrat, has not accused anyone at the company of wrongdoing, and it is unclear whether the investigation is examining Mr. Trump's conduct or if it would ultimately lead to any charges....


#1 | Posted by LampLighter at 2021-10-20 11:15 AM | Reply

Not really a surprise that this is being investigated ...

How Michael Cohen says Trump cheated on his net worth (Feb 2019)
www.cnn.com

..."It was my experience that Mr. Trump inflated his total assets when it served his purposes, such as trying to be listed among the wealthiest people in Forbes, and deflated his assets to reduce his real estate taxes," Cohen says in the prepared testimony. ...

As proof Cohen offered two news articles, one from 2015 in which Forbes said Trump had been inflating his wealth and another, from The Guardian in 2016, on Trump's long legal effort to slash the value of Trump National Golf Course in Westchester County, New York.

The pattern has also been reported by CNN. In 2017, CNN found that Trump had fought the tax assessments of all 12 of his US golf courses except the one in Bedminster, New Jersey.

That included his Trump National Golf Course Westchester, which Ossining, New York, said was worth $15.1 million, but which Trump, fighting for a smaller tax bill, argued in court the property was worth just $1.5 million.

In a 2017 financial disclosure, Trump said the club was worth far more than the $15 million claimed by Ossining. ...



#2 | Posted by LampLighter at 2021-10-20 11:18 AM | Reply

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