A new Forbes investigation finds:
- Property records show that Donald Trump has been lying about the financial performance of Trump Tower since it first opened in 1983.
- Tax and lending documents indicate that Trump lied about the square footage of the office and retail space at the base of the property (not to be confused with his lying about size of the penthouse atop the building, which Forbes previously exposed).
- Portions of a 2015 audio recording, released here for the first time, prove that Trump was personally involved in the efforts to lie about the value of Trump Tower’s commercial space.
“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.”
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