Tag

#New-York

4 incidents

Updated May 20, 2024 Corruption & Self-Dealing
Critical Rights and Rule-of-Law Concern

New York Civil Fraud Judgment: $454 Million for Inflating Assets Over Decades

Judge Engoron found that Trump had consistently and intentionally misrepresented asset values across a decade of financial statements. His Mar-a-Lago estate was valued in financial statements at up to $739 million — despite its deed restricting it to residential use, with an estimated fair market value of $75-100 million. His Trump Tower triplex was listed at 30,000 square feet when it was actually 10,996 square feet — nearly three times its actual size. The fraud allowed Trump to obtain loans at more favorable rates than he would have received with accurate valuations.

Sources
4
fraudcivil-judgmentNew-Yorkpost-presidencyfinancial
Updated January 13, 2023 Corruption & Self-Dealing
Major Abuse of Power

Trump Organization Convicted on 17 Counts of Criminal Tax Fraud

Weisselberg, the Trump Organization's CFO for decades, had pleaded guilty in August 2022 to 15 felony counts and agreed to cooperate with prosecutors. He testified against the company. The Trump Organization received $1.76 million in off-the-books compensation for Weisselberg and other executives over 15 years. The company was convicted on all 17 counts, including scheme to defraud and falsifying business records. The $1.6 million fine was the maximum allowed but was a fraction of what corporate criminal fines typically run; prosecutors noted the fine was limited by statute.

Sources
4
Trump-Organizationtax-fraudWeisselbergconvictionpost-presidency
Updated July 25, 2019 Civil Rights
Major Abuse of Power

Central Park Five: Full-Page Death Penalty Ads, Refusal to Acknowledge Exoneration

The 1989 Central Park jogger case involved the assault and rape of Trisha Meili. Police coerced confessions from five teenagers — Antron McCray, Kevin Richardson, Yusef Salaam, Raymond Santana, and Korey Wise — who ranged in age from 14 to 16. All five served sentences after conviction. In 2002, convicted serial rapist Matias Reyes confessed to the attack alone; DNA evidence confirmed only his DNA. The convictions were vacated. In 2014, New York City settled their lawsuit for $41 million. Trump ran full-page ads in four newspapers in 1989 calling for the death penalty; in 2019, he told reporters 'You have people on both sides of that' and that the settlement 'doesn't mean they were innocent.'

Sources
4
Central-Park-Fivewrongful-convictiondeath-penaltyracismpre-presidency
Updated August 2, 1986 Corruption & Self-Dealing
Major Abuse of Power

Roy Cohn, Mob Connections, and the Formation of Trump's Operating Style

Trump met Roy Cohn at Studio 54 in 1973 during the housing discrimination lawsuit. Cohn became his attorney, fixer, and strategic advisor for over a decade. Cohn represented Trump in multiple legal matters and taught him a specific political and legal style: never settle (except when you do), never apologize, and reframe every defense as an attack. Cohn's other clients during this period included mob boss Fat Tony Salerno, Gambino crime family figures, and New York tabloid figures. Trump's Atlantic City casino construction involved documented relationships with contractors controlled by the Genovese crime family; the concrete supplier for Trump Tower and other Trump projects was S&A Concrete, co-owned by Salerno and Paul Castellano.

Sources
4
Roy-Cohnorganized-crimecorruptionpre-presidencymob