Trump Flagged For Suspicious Multi-Million Transaction

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( – On Wednesday, former U.S. District Court Judge Barbara Jones who had been assigned to oversee the Trump Organization’s financial statements last year in connection to the $250 million civil lawsuit brought against former President Donald Trump sent a letter to New York Judge Arthur Engoron noting that there have been three separate transactions identified for not being properly disclosed.

In the letter to the court, it was noted that the transactions related to the transfer of $40 million in cash had not been previously disclosed to the court. According to the letter which had been shared by The Messenger online the Trump Organization needed to have disclosed to the court all transactions exceeding $5 million.

The transactions included a $29 million transfer to Trump, which the Judge disclosed was used for tax payments. The other two transfers related to the civil lawsuit brought against Trump by writer E. Jean Carroll, and to insurance premiums.

Jones pointed out that they have asked the defendants for information on why these transactions were not disclosed previously, but that the defendants have not yet clarified the reason.

In September Trump was found liable for business fraud before the start of the trial. James in the lawsuit against the former President, his two adult sons, and the Trump Organization argues that they had previously been inflating the value of their assets to gain access to better deals while deflating them to benefit from lower taxation. Engoron is going to be overseeing and presiding over the case which has now gone to trial.

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