Posted on 02/14/2022 2:19:33 PM PST by SeekAndFind
Former President Donald Trump's longtime accounting firm recently informed the Trump Organization that 10 years worth of Trump's statements on his financial worth "should no longer be relied upon."
The determination comes after New York Attorney General Tish James' office said last month that these "Statements of Financial Condition" repeatedly "misstated objective facts" including the size of his Trump Tower penthouse; overstated his liquidity; deviated from general accounting principles to reach property valuations; "failed to use fundamental techniques of valuation"; and did not disclose that some of those valuations were artificially inflated to help Trump's brand.
Mazars said that it reached its conclusion based on James' revelations, its own internal investigation into the matter, and information it received from "internal and external sources."
"While we have not concluded that the various financial statements, as a whole, contain material discrepancies, based upon the totality of the circumstances, we believe our advice to you to no longer rely upon those financial statements is appropriate," the firm said in its letter to the Trump Organization.
(Excerpt) Read more at msn.com ...
Sounds like a crooked accountant.
What do these criminal scum say about Hillary?
The statement says Trump overpaid his taxes.
Also, Trump should just say the DNC tampered with his servers, so all of those files could be completely falsified by the DNC.
Need to dig deeper.
The “sabotage Trump by any means necessary” club never sleeps.
And it won’t stop until very bad things start happening to evil fks like this.
VERY VERY bad things.
Donald and the rest of his family were not the CPAs behind these problems.
Those CPAs are the ones who signed off.
Gee. So they’re admitting malfeasance on their own part?
Someone embezzle Trump’s money away?
I fear that a whole lot. The state would not prosecute that person.
The forensic accountants could be kept busy for 500 years with the Biden Crime Family.
Straight from the horse's ass!
Sounds like much ado about nothing. The firm did not detail any discrepancies, only the accusations made by the
NY Atty general zealot. Where is the “cut off?” I did not see that in their letter. Sounded like sound advice. Financial statements can always be refined.
MSN?
Trump is a threat, and the worms are desperate.
I guess the firm was told it would be in their best interests unless they were fond of the color orange. Not that they had done anything wrong, but what does that matter in the hunt for Trump?
Exactly.🙄
It is utterly unethical for a prosecutor investigating a potential target to try their case in the press!
Sounds like the accountants did some illegal activities against Trump all along, perhaps they embezzled.
The “accountants” need to be lined up and shot, after due process of course. For crimes too many to list.
So the pattern is that somebody throws up a bombshell WE GOT HIM NOW statement, followed by days of media repeating it, followed by Gilda Radner saying Never Mind.
Whatever happened to Trump’s CFO who didn’t report his company lodging sometime back?
Do business in foreign countries like New York, live with the top-to-bottom control of the gangster politicians who rule the country...
‘It is utterly unethical for a prosecutor investigating a potential target to try their case in the press!’
Trump’s haters don’t know the meaning of ‘ethical’.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.