The walls are closing in on Mr. Trump and his family’s businesses, long known for cutting corners.
BY HARPER NEIDIG
Former President Trump’s longtime accounting firm said it could no longer vouch for the financial statements it prepared for the Trump Organization following accusations from the New York attorney general that the company had been fraudulently misrepresenting the value of its assets.
In a letter that was submitted in new court filings on Monday, William Kelly, the general counsel for the accounting firm Mazars, told the Trump Organization that it would be terminating their business relationship and that the former president's company should inform any recipient of the financial statements that they can no longer be relied upon.
"We write to advise that the Statements of Financial Condition for Donald J. Trump for the years ending June 30, 2011 — June 30, 2020, should no longer be relied upon and you should inform any recipients thereof who are currently relying upon one or more of those documents that those documents should not be relied upon," Kelly wrote in the letter, which is dated Feb. 9. "We have come to this conclusion based, in part, upon the filings made by the New York Attorney General on January 18, 2022, our own investigation, and information 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," Kelly added.
Mr. Trump is very lucky that his sycophants at the RNC are stepping up to pay his ballooning legal defence costs. For this they submissively use Trump’s own witch hunt rationale.
Remember how NBC touted Trump as some kind of a business genius for The Apprentice? Now the tadrey truth tumbles out.
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Ow! It burns!
