Donald Trump fraudulently inflated his net worth by as much as $2.2 billion per year, New York officials said in court filings unsealed Wednesday ahead of his upcoming civil fraud trial.

The new estimates came in filings from the New York state attorney general’s office, which is suing Trump, some of his adult children and his business empire for falsifying his net worth in an effort to obtain favorable terms from banks and insurance companies. The trial is set to begin Oct. 2.

  • Snapz@lemmy.world
    link
    fedilink
    arrow-up
    32
    ·
    1 year ago

    We need to know trump’s actual net worth right before his first campaign launched.

    • Echo Dot
      link
      fedilink
      arrow-up
      16
      ·
      1 year ago

      I’m betting it isn’t much higher than 50k

      Seriously how did anyone think this guy was wealthy? I have a rat who has more business acumen than that idiot. That’s been true since the apprentice days.

      Wasn’t there a guy once who managed to become a multi-millionaire by just claiming to already be a millionaire and getting favourable bank loans?

      Why are the banks not checking this shit. What’s the point in them.

      • anonono@lemmy.world
        link
        fedilink
        arrow-up
        3
        ·
        1 year ago

        I’m betting it isn’t much higher than 50k

        lol if you hate the guy you could just go with negative numbers instead.

        it’s not uncommon for rich people to go into the negative millions when their investments go belly up.