Trump Engages in “Outright Fraud” Allegations from NY Times Findings
The New York Times claimed that it had reviewed over 100,000 pages of documents to find that President Donald Trump had engaged in tax evasion from the assets given to him by his father.
It was the hottest news over the night after the New York Times reported that it had investigated President Donald Trump’s documents and found that he and his siblings had received a huge amount of asset that equivalent of $413 million today’s dollars, which Trump once claimed that he was a self-made billionaire, who had received only $1 million from his father, Fred Trump.
This had sparked the New York state tax authority to open an investigation, which is now under review, on the allegations from the New York Times for the “instances of outright fraud” evading taxes on hundreds of millions of dollars.
Charles J. Harder, President Trump’s lawyer, said in a statement that the New York Times’ allegations of fraud and tax evasion are 100 percent false. There was no fraud or tax evasion by anyone. The facts upon which the Times bases its false allegations are extremely inaccurate.
Meanwhile, the White House Press Secretary Sarah Huckabee Sanders said “many decades ago the IRS reviewed and signed off on these transactions.” Which is also the case the New York Times had pointed out that the IRS apparently did not offer much “resistance” to the schemes.
For the consequence of this “instances of outright fraud” that the New York Times had claimed to be, tax experts stated that it was unlikely these findings would open Trump up to criminal prosecution, because the actions happened too long ago, still, Trump could face civil fines.