Sunday, February 14, 2021

NY Investigating Millions in Loans to Four Trump Manhattan Properties


The Manhattan District Attorney’s Office is Investigating some $280 Million in Loans over Eight years to Four Donald Trump Properties in Manhattan.

The Son of the Trump Organization’s Chief Financial Officer works at a Real Estate Investment Trust that made the Loans. Yes, the CFO who received Immunity to Testify in prior Trump Investigtions.

The Loans were for: Trump's 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.

They were All made by Subsidiaries of Ladder Capital Corp., a Real-Estate Investment Trust based in New York.

Manhattan DA, Term-Limited Cyrus Vance, had earlier launched a Larger Probe into Alleged Discrepancies between Insurance, Tax, and Bank Claims, by the Trump Organization.

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 2020.

Trump is now Appealing the Decision on Different Grounds.










NYC Wins When Everyone Can Vote! Michael H. Drucker


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