Trump's use of Forbes list instead of financial docs may be used to "show intent to deceive"

www.salon.com

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Trump's use of Forbes list instead of financial docs may be used to "show intent to deceive"

www.salon.com

@jeffw to

politics • 1 year ago

Expert: Trump's use of Forbes list instead of financial docs may be used to "show intent to deceive"

www.salon.com

Morgan Stanley official testified that Trump used Forbes printout in lieu of documents in bid to buy Buffalo Bills.

Highlights: Former President Donald Trump relied on a Forbes article to “prove” his net worth when placing a bid to buy the NFL’s Buffalo Bills – a decade-old business move that came under scrutiny during his New York civil fraud trial on Tuesday.

K. Don Cornwell of Morgan Stanley testified in court that Trump distributed printouts from Forbes regarding the highest-paid entertainers to affirm his financial standing to Buffalo Bills executives after claiming a net worth of over $8 billion in an offer letter. The former president refused to disclose financial statements to bankers involved in his $1 billion bid for the football team in 2014.

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