Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Jr and Ivanka Trump 'knew they were lying' over ploy to sell condos, book claims
Source: The Guardian
Trump Jr and Ivanka Trump knew they were lying over ploy to sell condos, book claims
Presidents son and daughter knowingly used figures that exaggerated how well the condos were selling to lure more buyers
David Smith in Washington
@smithinamerica
Thu 9 Jan 2020 08.00 GMT
Last modified on Thu 9 Jan 2020 08.02 GMT
Donald Trump Jr and Ivanka Trump took part in a fraudulent scheme to sell units in a luxury New York condominium-hotel and knew they were lying, according to a new book that explores how the current US president built his business empire.
Questions have long surrounded a criminal investigation into the Trump familys dealings around the Trump SoHo that was dropped in 2011. Public disclosure of email correspondence revealed that Don Jr and Ivanka knowingly used figures that exaggerated how well the condos were selling in a ploy to lure more buyers.
The episode is re-examined with fresh reporting by the journalist Andrea Bernstein in her book American Oligarchs: The Kushners, The Trumps And The Marriage Of Money And Power, a copy of which was obtained by the Guardian.
Trump first previewed the 46-storey Trump SoHo in lower Manhattan with fanfare in 2006 on his reality TV show The Apprentice, boasting this brilliant $370m work of art will be an awe-inspiring masterpiece. But sales of units proved disappointing, especially after it was revealed one of Trumps partners, Russian-born Felix Sater, had a criminal past.
According to data filed with state and federal agencies, only 15% to 30% had been sold by the start of 2009, the New York Times reported. But in June 2008, Ivanka told the Reuters news agency that 60% had been sold, while in April 2009, Don Jr claimed in the Real Deal magazine that 55% had.
-snip-
Presidents son and daughter knowingly used figures that exaggerated how well the condos were selling to lure more buyers
David Smith in Washington
@smithinamerica
Thu 9 Jan 2020 08.00 GMT
Last modified on Thu 9 Jan 2020 08.02 GMT
Donald Trump Jr and Ivanka Trump took part in a fraudulent scheme to sell units in a luxury New York condominium-hotel and knew they were lying, according to a new book that explores how the current US president built his business empire.
Questions have long surrounded a criminal investigation into the Trump familys dealings around the Trump SoHo that was dropped in 2011. Public disclosure of email correspondence revealed that Don Jr and Ivanka knowingly used figures that exaggerated how well the condos were selling in a ploy to lure more buyers.
The episode is re-examined with fresh reporting by the journalist Andrea Bernstein in her book American Oligarchs: The Kushners, The Trumps And The Marriage Of Money And Power, a copy of which was obtained by the Guardian.
Trump first previewed the 46-storey Trump SoHo in lower Manhattan with fanfare in 2006 on his reality TV show The Apprentice, boasting this brilliant $370m work of art will be an awe-inspiring masterpiece. But sales of units proved disappointing, especially after it was revealed one of Trumps partners, Russian-born Felix Sater, had a criminal past.
According to data filed with state and federal agencies, only 15% to 30% had been sold by the start of 2009, the New York Times reported. But in June 2008, Ivanka told the Reuters news agency that 60% had been sold, while in April 2009, Don Jr claimed in the Real Deal magazine that 55% had.
-snip-
Read more: https://www.theguardian.com/us-news/2020/jan/09/trump-jr-ivanka-trump-condos-scheme-book
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 883 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (19)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Trump Jr and Ivanka Trump 'knew they were lying' over ploy to sell condos, book claims (Original Post)
Eugene
Jan 2020
OP
duforsure
(11,885 posts)1. They both are as big a criminal as he is
And both are just like he is , serial liars.
Hekate
(90,865 posts)2. Grifters to the bone, the entire clan
riversedge
(70,349 posts)3. It is the Trumps holier than thou that is so sickening to me.