Did Trump evade taxes with a fake loan? Watchdog discovers Chicago deal that ‘never existed’
Days before an expected final judgment in a fraud case that could imperil Donald Trump’s sprawling business empire, a court-appointed monitor overseeing his businesses reported financial disclosures that are “either incomplete, present results inconsistently,” or “contain errors.”
One of those findings, according to her report, appears to suggest that the former president evaded taxes on millions of dollars in income by hiding money in fake loan transactions.
Mr Trump and his associates have been cooperative throughout the months-long monitoring process, former federal judge Barbara Jones wrote in her on Friday. But one detail in a footnote halfway through the letter to Judge appears to allege that the former president not only repeatedly lied about his net worth and assets, as alleged by the state’s attorney general, but that a major $48m loan for one of his may have
