The longtime accounting firm for former president Donald Trump and his eponymous real estate company has cut ties with both and has warned the company that nearly a decade’s worth of his financial statements “should no longer be relied upon”.
In a letter to Trump Organization chief legal officer Alan Garten, Mazars attorney William Kelly wrote that information contained in court filings by New York State Attorney General Letitia James, as well as “our own investigation and information received from internal and external sources” has caused the firm to conclude that Mr Trump’s company should stop relying on financial statements dating from 30 June 2011 to 30 June 2020 and inform “any recipients thereof” — a category which could include many of the former president’s creditors — of the unreliability of those documents.
