Home Communities Politics New York Investigating $280 Million In Loans To 4 Trump Manhattan Properties: Report
Politics

New York Investigating $280 Million In Loans To 4 Trump Manhattan Properties: Report

Share
new york investigating 280 million in loans to 4 trump manhattan properties report 2 scaled
Share
new york investigating 280 million in loans to 4 trump manhattan properties report 1

The Manhattan District Attorney’s Office investigates some $280 million in loans over eight years to four Donald Trump properties in Manhattan, The Wall Street Journal reported Saturday.

The loans — to his flagship Trump Tower on Fifth Avenue, Trump International Hotel and Tower, Trump Plaza, and a high-rise in the financial district at 40 Wall Street — were all made by subsidiaries of Ladder Capital Corp., a real estate investment trust based in New York, according to the Journal. The son of the chief financial officer of the Trump Organization works at Ladder Capital, the newspaper reported.

Manhattan DA Cyrus Vance had earlier launched a larger probe into alleged discrepancies between insurance, tax, and bank claims by the Trump Organization.

There were no other details about the latest probe, but the Journal speculated that the focus could be similar.

Vance has been battling to obtain Trump’s tax returns and other financial filings since 2019. Trump had argued that as a sitting president, he could not be investigated. But the Supreme Court ruled against him in July. Trump is appealing the decision on different grounds.

The Trump Organization refused to respond to the Journal’s requests for comment.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

Related Articles
Judge Jeanine Pirro Looked So Different Before All The Plastic Surgery
Celebrity newsPolitics

The Changing Face of Judge Jeanine Pirro: Then and Now

The passage of time and Judge Jeanine Pirro's heavy MAGA makeup probably...

The Absolute Worst-Dressed Attendees At Lauren Sanchez & Jeff Bezos' Wedding
PoliticsUnited States News

Worst Dressed at Lauren Sanchez & Jeff Bezos’ Wedding

It was a competition to see whether any guest could dress worse...

Paris Hilton's Shady Take On Trump's Notorious Tan Was Right On Target
PoliticsUnited States News

Paris Hilton’s Snarky Take on Trump’s Orange Glow Hits the Mark

Paris Hilton once claimed that she voted for Donald Trump, but she...

Melania's Response To Donald's Alleged Affairs? A Masterclass In Indifference
United States NewsPolitics

The Quiet Strength of Melania Trump: Navigating Scandal with Grace and Silence

Donald Trump and alleged affairs are certainly nothing new, but if they've...