Sunday, March 27, 2022

Lying Democrats Harass, Smear and Investigate Trump for "Inflating" Assets - Then Discover Trump Organization Undervalued Assets Instead

Source:
https://www.thegatewaypundit.com/2022/03/evil-democrats-harass-smear-investigate-trump-inflating-assets-find-trump-organization-undervalued-assets-instead/


"For the past three years, the liberal media attacked President Trump, his family, and his business organization for allegedly inflating the value of their assets to secure business loans.

The fake news media ran several reports on these accusations.

The New York District Attorney’s office opened an investigation on the Trump organization to target and harass the family over the allegations.

Even the late-night political operatives were using the story to attack President Trump.

Now more than three years later the truth comes out.


The Trump organization did not inflate their assets

— They actually undervalued their global assets instead.

It was all another media lie against Trump.

FOX News reported:
    Manhattan District Attorney Alvin Bragg stopped pursuing charges against former President Trump and suspended the investigation “indefinitely,” one of the top prosecutors who resigned from the office said in his resignation letter–but disagreed with the decision.

    Mark Pomerantz and Carey Dunne, who had been leading the investigation under former DA Cyrus Vance, submitted their resignations last month, after Bragg began raising doubts about pursuing a case against Trump…

    …But a source familiar with the investigation pointed Fox News Digital, specifically, to Trump’s “Statement of Financial Condition,” which reports an entity’s assets, liabilities and abilities to raise and use funds.

    The source told Fox News Digital that Trump did not inflate his financial statements, as prosecutors had anticipated, but instead, undervalued his assets.

    The source also told Fox News that Trump never defaulted on payments to banks, and said his statement of financial condition included “caveats” which “refuted” claims by the DA’s office.

    One source familiar with the investigation claimed the case against Trump was political and fueled by the former president’s political enemies, and told Fox News that Pomerantz “shouldn’t have been in the DA’s office in the first place.”