The Southern District of NY is investigating the multiple values reported by the Trump organization on his real estate holdings. Now remember, their business is all about real estate. They have undervalued property for insurance to minimize premiums and overvalued property to maximize loan collateral. And apparently have reported yet another value for tax assessments. Besides the obvious fraud for insurance and lending the misrepresentation of values resulting in underpayment of taxes is called “income tax evasion”. It’s what put Al Capone in Alcatraz. When the “Feds” couldn’t convict Capone of murder, bootlegging, extortion or any other crime they nailed him on evading taxes and that crime sent him to prison. How is what the Trump group did any different? The only question is: who in the Trump group authorized and is guilty of the deed? Before you answer, remember, Trump refused to separate himself from his business when he took office–unlike any other president. So you be the judge. Should he take the fall?
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