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New York state is suing Donald Trump and his business for engaging in financial fraud. Forbes has documents and a recording of Trump talking about 40 Wall Street, the first property cited in the attorney general’s press conference, which seem to back up her claims.
Trump's financial history is strewn with bankruptcy, loan-after-loan. The vaunted "I have a lot of cash" seems an idle boast.
When Trump needed $225 million, an unlikely partner came to the rescue: Axos Bank, an online-only financial firm headquartered in suburban San Diego.
A year ago, it looked possible that Trump might become a pariah after his supporters stormed the U.S. Capitol in an attempt to stop a vote certifying President Joe Biden's election win.
The Trump Organization has refinanced Trump Tower with a $100 million mortgage, according to a Tuesday filing, suggesting the former president's business may be doing better than thought.