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Trump inflating his golf resorts’ value

Trump just got busted for inflating his golf resorts’ value by $165 million — a jailable offense


President Donald Trump appears to have misstated the value of his Scottish golf resorts by $165 million, an act which could potentially constitute a federal crime.

The controversy came to light after seemingly conflicting financial disclosure forms regarding the president’s Aberdeen and Turnberry resorts in Scotland were submitted in the U.S. and the U.K., according to a new report by HuffPost.

In the president’s 2018 U.S. filing for those resorts, he claimed that each resort was worth more than $50 million. In his balance sheets to the British government filed for the same period, Trump claimed that the resorts’ aggregate debt was greater than their assets by 47.9 million pounds, or the equivalent to $64.8 million as of Dec. 31, 2017.
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In addition to calling for greater transparency, Heinrich said that “I also have been calling on congressional investigators to follow the money and believe we need to take a look at the president’s tax returns. We cannot let President Trump recklessly harm our economy over his conflicts of interest. It’s a threat to our democracy and a threat to the economic security of American families.”

https://www.rawstory.com/2019/08/trump-just-got-busted-for-inflating-his-golf-resorts-value-by-165-million-a-jailable-offense/?utm_source=&utm_medium=email&utm_campaign=1203

Once a crook, always a crook.
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