![]() ![]() Trump Tower started as a bold idea from a brash developer, eager to make his mark in Manhattan with a signature building on Fifth Avenue. But it is also true that Forbes’ latest revelations, combined with earlier reporting and stacks of documents now in prosecutors’ hands, all point to a simple conclusion: The Trump Organization lied about the value of its properties to lenders for years, and although multiple people inside the firm participated in those efforts, the person at the center of the deceit was Donald Trump. It is true that Donald Trump has already taken care of some of the loans at issue in the attorney general’s case. Indeed, all of the Wall Street banks that issued these loans profited handsomely.” “Not only was there never a loan default, but all the loans are either current or have been completely paid back in full in the ordinary course of business. “The attorney general’s attempt to interfere with private loan transactions between sophisticated business parties is utterly baseless and a complete overreach,” the statement said. ![]() A spokesperson for the Trump Organization then sent a statement that did not address the discrepancies but instead took issue with the attorney general’s case. An attorney for the firm replied by asking for four weeks to respond, explaining that the legal team was “already quite busy.” Forbes granted a few extra days. ![]() Nine days ago, Forbes reached out to the Trump Organization to ask for explanations about various discrepancies in its past statements. ![]()
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