Posted on Nov 30, 2023
Trump flagged for $40 million in undisclosed cash transfers
248
13
4
5
5
0
Former President Donald Trump was flagged by the watchdog overseeing the Trump Organization's finances for transferring $40 million in cash that was not previously disclosed to the court.
Former U.S. District Court Judge Barbara Jones, who was assigned to oversee the financial statements of Trump's company last fall as part of New York Attorney General Letitia James' $250 million lawsuit against the former president, wrote in a letter to New York Judge Arthur Engoron on Wednesday that three separate transactions were identified by the court between January and October that had not been properly disclosed.
Former U.S. District Court Judge Barbara Jones, who was assigned to oversee the financial statements of Trump's company last fall as part of New York Attorney General Letitia James' $250 million lawsuit against the former president, wrote in a letter to New York Judge Arthur Engoron on Wednesday that three separate transactions were identified by the court between January and October that had not been properly disclosed.
Trump flagged for $40 million in undisclosed cash transfers
Posted from newsweek.com
Donald Trump
Finance
Lawsuit
Fraud
Posted 6 mo ago
Responses: 4
2
2
0
PO1 William "Chip" Nagel
..."According to the letter, which was shared online by The Messenger, The Trump Organization is required to disclose all transfers of assets exceeding $5 million to the court. The transactions include a transfer of $29 million to Trump, which Jones said was used for tax payments. The other transfers in question were used for insurance premiums, as well as a $5.5 million payment related to the civil suit brought against Trump by E. Jean Carrol—Carroll was awarded $5 million in damages by a judge in May after a New York City jury found Trump liable for sexual assault."...
..."According to the letter, which was shared online by The Messenger, The Trump Organization is required to disclose all transfers of assets exceeding $5 million to the court. The transactions include a transfer of $29 million to Trump, which Jones said was used for tax payments. The other transfers in question were used for insurance premiums, as well as a $5.5 million payment related to the civil suit brought against Trump by E. Jean Carrol—Carroll was awarded $5 million in damages by a judge in May after a New York City jury found Trump liable for sexual assault."...
(2)
(0)
2
2
0
PO1 William "Chip" Nagel
..."According to the letter, which was shared online by The Messenger, The Trump Organization is required to disclose all transfers of assets exceeding $5 million to the court. The transactions include a transfer of $29 million to Trump, which Jones said was used for tax payments. The other transfers in question were used for insurance premiums, as well as a $5.5 million payment related to the civil suit brought against Trump by E. Jean Carrol—Carroll was awarded $5 million in damages by a judge in May after a New York City jury found Trump liable for sexual assault."...
..."According to the letter, which was shared online by The Messenger, The Trump Organization is required to disclose all transfers of assets exceeding $5 million to the court. The transactions include a transfer of $29 million to Trump, which Jones said was used for tax payments. The other transfers in question were used for insurance premiums, as well as a $5.5 million payment related to the civil suit brought against Trump by E. Jean Carrol—Carroll was awarded $5 million in damages by a judge in May after a New York City jury found Trump liable for sexual assault."...
(2)
(0)
2
2
0
Read This Next
Continue with Facebook 
Continue with Google