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Donald Trump's accountants have informed the Trump Organization that 10 years' worth of the former president's financial statements can no longer be relied upon -- and instructed his company to tell all of his lenders the same.
Quote:
"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," Mazars general counsel William Kelly wrote.
Quote:
"While we have not concluded that the various financial statements, as a whole, contain material discrepancies, based on the totality of the circumstances, we believe our advice to you to no longer rely upon those financial statements is appropriate."
So basically former president's accountant is saying that because they discovered discrepancies in his financial statements, they won't vouch for their validity?
this is so far over the heads of the average POC poster.
I do wonder why the NY AG would a) have a copy of said letter (unless they were coercing the accountants) and b) why the NY AG would release it .... actually, I don't wonder b.
this is so far over the heads of the average POC poster.
I do wonder why the NY AG would a) have a copy of said letter (unless they were coercing the accountants) and b) why the NY AG would release it .... actually, I don't wonder b.
Not over my head.
Do you have any questions I can maybe answer?
I’m pretty good with this accounting and finance stuff.
I have had the opportunity to be on a few movie sets. It all looks very real. But on close examination, stone walls are molded plastic, entire buildings are only wall fronts with nothing behind. Very little is real except in the eye of the viewer. This is Trumps business, his empire, his family, his persona, his morality. Its all a shallow facade with no substance.
His finical advisors and accountants believed what they were being told and never looked deeper. Now they realize all of Trumps world is in large part a make believe fantasy.
The 'big lie' goes beyond the election, it is an apt description of Trumps entire life.
this is so far over the heads of the average POC poster.
I do wonder why the NY AG would a) have a copy of said letter (unless they were coercing the accountants) and b) why the NY AG would release it .... actually, I don't wonder b.
No mystery, likely part of the tax documents that the court ordered to be turned over to NYAG office.
Not only did Mazars indicate Trump's financial statements are unreliable, but they dropped him (or rather his company) as a client. You're fired.
Not much of a future in the real estate business if you've been deemed untrustworthy in terms of financial reporting.
My step father did the same thing in the city we lived in. His firm did the city audit. The firm nor my step father would sign the audit due to lack of trust that the numbers were real.
This is the diversionary crap we can expect from the liars at the DNC and in the MSM now that Durham has proven the DNC/Obama/Hillary/Biden were illegally spying on Trump before during and after the Presidency.
The Democrats responsible for that need to be put in jail, starting with Obama.
Status:
"Let this year be over..."
(set 25 days ago)
Location: Where my bills arrive
19,220 posts, read 17,105,490 times
Reputation: 15539
Quote:
Originally Posted by take57
Oh well, back to banking with the Russian mob...
Are those the ones operating out of Brooklyn?
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