These 7 Trump Properties Are at the Center of New York’s Fraud Lawsuit
Published Date: 9/23/2022
Source: Bloomberg Quicktake: Now
From his skyscrapers to golf resorts, Donald Trump allegedly manipulated the value of a range of assets that inflated his net worth for years and defrauded banks, insurance companies and the Internal Revenue Service, according to New York Attorney General Letitia James. Her lawsuit filed Wednesday against Trump, three of his adult children and others provides more than 200 pages of details of what James described as a scheme that reaped about $250 million in benefits from lower interest rates on bank loans, favorable insurance rates and artificially low tax rates. Trump said in an interview with Sean Hannity on Fox News Wednesday night that the Trump Organization had a “very powerful disclaimer” on all of its loan applications telling banks not to rely on the company’s appraisals. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake