By Charlie Smart
Mr. Trump’s fortunes changed (click here) during his presidency, according to the figures in the report, which include details on the former president’s tax returns from 2015 to 2020. In the two years before he became president, Mr. Trump suffered heavy business losses, the records showed. In his first three years as president, he had an adjusted gross income of $15.8 million....
A Manhattan jury (click here) has found two Trump Organization companies guilty on multiple charges of criminal tax fraud and falsifying business records connected to a 15-year scheme to defraud tax authorities by failing to report and pay taxes on compensation for top executives.
The Trump Corp. and Trump Payroll Corp. were found guilty on all charges they faced.
Donald Trump and his family were not charged in this case, but the former president was mentioned repeatedly during the trial by prosecutors about his connection to the benefits doled out to certain executives, including company-funded apartments, car leases and personal expenses.
The Trump Organization could face a maximum of $1.61 million in fines when sentenced in mid-January. The company is not at risk of being dismantled because there is no mechanism under New York law that would dissolve the company. However, a felony conviction could impact its ability to do business or obtain loans or contracts....
There might be a fire sale at Indian Creek Island.December 7, 2020
By Sara Nathan and Emily Smith
Ivanka Trump and Jared Kushner (click here) have splurged on a $30 million-plus lot of land on Miami’s uber-swanky and high-security Indian Creek Island — known as the “Billionaire’s Bunker” — Page Six can exclusively reveal.
Ahead of President Trump’s exit from the White House, the couple is busy making plans for life after DC and have viewed numerous properties and lots of land in the Miami and Palm Beach area.
The private, guarded and gated Indian Creek Island is also one of the most secure places in Florida, as it boasts a 13-man police force for just 29 residences....