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Salon
Salon
Politics
Igor Derysh

Court monitor may doom Trump's company

A revelation by a court-appointed monitor in former President Donald Trump’s New York fraud case could play a role in deciding the fate of his businesses.

Barbara Jones, a former federal judge appointed by Judge Arthur Engoron to monitor the Trump Organization’s finances amid the proceedings, last week reported that the company “indicated that it has determined” that a $48 million loan Trump reported on his financial disclosures for multiple years “never existed.”

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