Start United States USA — Financial Trump Reportedly Used To Inflate His Net Worth By Billions

Trump Reportedly Used To Inflate His Net Worth By Billions

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New York Attorney General Letitia James made public a filing claiming Trump lied about his personal income over the course of 10 years.
Is Donald Trump as wealthy as he claims? Is the guy who pockets donations from sometimes cash-strapped supporters, even asks them to help fix his private plane, maybe not that rich? As the former president dips into campaign money to pay for his ever-escalating legal bills, a new report has emerged claiming that over a period of 10 years he used to inflate his net worth not by millions but by billions.
As per NBC News, a new filing made public by New York Attorney General Letitia James alleges that from 2011 to 2021, Trump would use financial statements to inflate his personal earnings. In so doing, he and his Trump Organization associates would fraudulently secure more favorable loans and investments, “reaping hundreds of millions of dollars in ill-gotten savings and profits,” as per the filing.

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