The Financial Walls Close In- Part-08
Lawsuits, Subpoenas, and the Hunt for Hidden Assets.
Even after surviving his first impeachment, Donald Trump’s greatest threat wasn’t political — It was financial. As he left office, a wave of lawsuits, investigations, and court orders began closing in on his once-hidden empire.
📈 Key Points for Part 08
🔵 Civil and Criminal Investigations Explode (2020–2024)
- New York Attorney General (Letitia James): ➔ Civil fraud investigation into Trump Organization’s business practices. ➔ Accused of inflating asset values to banks and insurers — and deflating them to tax authorities.
- Manhattan District Attorney (Alvin Bragg): ➔ Criminal investigation into Trump’s financial dealings, bank fraud, insurance fraud, and tax fraud. ➔ Focused on internal financial documents, tax filings, and Deutsche Bank records.
- Westchester County, NY: ➔ Separate investigation into Trump’s property valuations at his Seven Springs estate.
🔵 The Lawsuits Stack Up
- E. Jean Carroll Defamation Case (2020–2024): ➔ Trump found liable for sexual abuse and defamation in a historic civil trial.
- Capitol Riot Lawsuits (2021–2023): ➔ Trump sued by Capitol Police officers and members of Congress over January 6th incitement claims.
- Financial Subpoenas: ➔ Trump fought all the way to the Supreme Court to block subpoenas for his financial records — but lost.
🔵 What the Financial Documents Revealed
- Overstated Assets: ➔ Trump Tower, Mar-a-Lago, and other properties valued far higher on loan applications than on tax filings.
- Understated Debts: ➔ Liabilities often hidden or minimized in financial disclosures.
- Offshore Income: ➔ Revealed streams of income from international deals (licensing, branding) not properly disclosed.
🔵 Asset Seizure Threats
New York AG lawsuit seeks hundreds of millions in penalties — potentially forcing Trump to sell off properties like:
- Offshore Income: Revealed streams of income from international deals (licensing, branding) not properly disclosed.
- Trump Tower NYC
- Trump National Doral Miami
- Trump’s New York golf courses
✅ Trump’s personal financial survival increasingly tied to delaying tactics, appeals, and leveraging political influence to resist enforcement.
📢 Next up: Trump’s Art of the Deal Chronicles — Part 09:
The Desperation Moves: Fundraising, Foreign Contacts, and New Legal Risks.