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The Independent UK
The Independent UK
National
Via AP news wire

Accounting firm: Trump financial statements aren't reliable

Donald Trump Mazars AG
Copyright 2021 The Associated Press. All rights reserved

The accounting firm that prepared former President Donald Trump’s annual financial statements says the documents, used to secure lucrative loans and burnish Trump's image as a wealthy businessman, “should no longer be relied upon” after New York's attorney general said they regularly misstated the value of assets.

In a letter to the Trump Organization's lawyer Feb. 9, Mazars USA LLP advised the company to inform anyone who had gotten the documents not to use them when assessing the financial health of the company and the former president.

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