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https://twitter.com/maggieNYT/status/1493324254229766148?t=lHWhM-qmh5y9nc1oyK6pPA&s=19
Trump's primary financial advisors are legally stating they believe they were lied to for a decade. Clearly, they feel threatened by the investigation and what it has discovered.
WatcherNotCreeper
klean9
Why do I see stuff like this and think “Another Trump transgression that will not result in any consequences for him”?
BippityBoppityBoomshakalaka
That first sentence is amazing though.
pm1001
Rats deserting sinking ship
ToSisPoS
BootsDusty
Relevant: What's in those 2 dozen filing cabinets?
https://www.insider.com/letitia-james-trump-tower-files-court-battle-2022-2
colweb29350
SometimesISayDumbShit
Neat. I’ll be more stoked about it when there are actual consequences
BojanglesTheFlyingCar
Mazars is covering their own goddamn ass
DaveSamsonite
It won’t do any good. They were complicit and probably paid well.
BojanglesTheFlyingCar
Yeah they'll probably be fined pretty badly. The fact that they're cooperating with da in the letter means plea deal
MrWggles
So the accounting firm is saying that THEY KNOW that the last ten years of tax filings are . . . . ?
BoblbLawsLawBlg
See that number at the bottom of the page, 525838? This signifies there are at least 525,838 pages provided by Mazars. Google: Bates Number
spinthedial
I wonder what wrongdoing by any of their other clients they failed to notice as well?
nojustsayitdont
Not to break your bubble here, but accounting firms have a long history of assisting in cooking the books. Never rely on their reports.
DaveSamsonite
This sounds just like that. Now they are caught and cannot prepare accurate returns. Trump knows they are sunk , and Mazurs cut them loose
iusedtodream
They knew. Good, and also, fuck them, too.
AndrewS816
Exactly, either they're now cooperating or they're in the hot seat too. I suspect the former...
rongoins1
Is this what stable genius with big brain and big heart do ? help me out on this one. Donnie did good ?
dollarstoredonuts
the type of letter you do not want your accountant writing.
redditmcredditface
basically they are saying that if one dug deeper, you would find bullshit.
DuckPlanetKing
I’m sure mazars has known they weren’t accurate for a long time. They are now looking for a way out themselves.
DaveSamsonite
Exactly
klean9
Why do I see stuff like this and think “Another Trump transgression that will not result in any consequences for him”?
ILikeToCallItLostWages
We just gonna ignore that there are two real humans walking around, each named Matt Calamari?
enybi
Well one is the son of the other, but still weird
raybo101
Yup the only banks now that will loan Trump money are Russian. Luckily he has there phone numbers and knows everyone there very well.
arthurvanhoudt
So a company that we legally must trust to follow the law wrt bookkeeping now says that what they’ve done the last 10y cannot be trusted! /2
DaveSamsonite
Just another day in the Trump crime syndicate.
arthurvanhoudt
It’s their job to contra-check admin. & write-offs that are performed by org. they are verifying. And now after 10y!! they admit faulty info
arthurvanhoudt
It’s a joke!!
Reidsb
Shouldn't they have known this like, at least 9 years ago?
DaveSamsonite
Yes
DaveSamsonite
Just another day in the Trump Crime Syndicate. Tax fraud and money laundering.
Illithidbane
Lifelong crook with zero capacity for an ongoing persistent objective reality and no belief in the rule of law whatsoever did a crime?!
BootsDusty
So Mazars USA the accounting firm will no longer do work for the Trump Organization. Trump will have to find new accountants which could 1/2
BootsDusty
make it harder for Trump to secure loans. 2/2
BoblbLawsLawBlg
They also provided the AG with more than half a million pages. I wouldnt be comfortable if my accounting agency was sharing that with Gov
activeracer28
They'll get money from Putin.
Tumescentpie
And is evidence of fraud. And hopefully if this country isn't totally fucked help put this felon behind bars.
TheVampireDante
He'll start his own accounting firm, the greatest, the yuge-est, using only the best people and will have high flow toilets in every office.
maugriman
Covfefe Counting House Ltd
XXXSpork
They get all the money they need from Russia according to trump jr.
RageMojo
LOL! He has almost 500 million in debt due in the next 3 years. Deutsche bank cut him off two years ago.
AngryGraphicDesigner
Could make it damn near impossible, considering the statement made by the firm that just fired Trump
VictusVonGuyver
Maybe. He wasn't supposed to get a second loan from Deutsch Bank after he defaulted on his prior one. He got vouched by Russian >
VictusVonGuyver
banks and Deutsch Bank decided to grant him a second loan regardless. That alone makes me think he can still get favors.
MetaSomma
Yeah the well known methods may be unlikely, but there are so many other ways to work around that, like scamming supporters, he's fine
Tomadzo
Having audited stmts is most often a req for loans. Since the previous ones are not valid, they failed a covenant.
trippingthelightfantastic
AngryNetAdmin
Someone needs to replace Jesus with Warden Norton.
Holyfuckwhatsagoodusername
Yeah, I wish this said prison tbh.
trippingthelightfantastic
Holyfuckwhatsagoodusername
Fair for most, I'd just have to believe in hell.
trippingthelightfantastic
Yeah, I'm not a believer but the idea that someone unironically painted this and someone else captioned it was too good.
AtomicChipmunk
We must hold people that do wrong accountable while they are alive. Hopeing someone else does it after they die is stupid.
irvingb01
That "accountable" in a thread about accounting had my brain spinning in very stupid circles for a while.
trippingthelightfantastic
ActionJohnnie
This is yuge. Trump’s lenders now know that his loan applications are not accurate. Therefore the banks can call in his loans. Ooof
QuitLookinAtMineAim
I hope so. That would be epic
MetaSomma
[Eagerly awaiting anything to actually come of it, but knowing I'll probably die waiting]
StarmineRendezvous
So will he, eventually.
MetaSomma
With exactly zero justice served, and any assets he has left will go to his kids who are all on board with the whole plan
DiscipleOfKermit
Upvoted for hope. Won’t downvote for the likely reality… :/
comacomacomacomachameleon
Reread the letter. It does NOT say they are inaccurate, it just says Mazars will no longer affirm their accuracy.
comacomacomacomachameleon
"I can't guarantee they're legit" is not the same as "they are not legit". It's suspicious when your accountant says that though.
Dogfacedboy
Yeah but they're inaccurate
kastewbeef
It’s professional-speak, but is loud and clear to those who understand the secret handshake. He’ll skate on everything *except* tax evasion.
kastewbeef
a/k/a…you can fuck the masses to your heart’s content, but you *can’t* fuck the interns…or the U.S. Treasury. That’s America.
Robvp
Death and taxes
ActionJohnnie
They used to fuck the interns. Probably still do too.
TheCowSaysMoooo
In the accounting world this is code for "fuck you for putting us in jeopardy and hire a very good lawyer, you're gonna need it."
HandoB4Javert
Conqueeftadore
Wake me up when that crooked fuck EVER gets any sort of consequence for his many crimes. So many stories of obvious crime, nothing happens.
MADchemEE
Rather "You paid us to verify&legitimize your fraud;too much heat on you now,then us. Your fraud was so half assed,we're selling you out."
jimicus
Not necessarily; sometimes people lie to their accountant so they have a veneer of respectability.
ImHereToGetDownvotes
I took it as, "We took advantage of your scam for years but the writing is on the wall so we're tossing you under the bus first."
animalquakers
As an accountant I concur
MeatraffleJackpot
I wouldn't mind betting they've realised they'll never get the fees they're owed.
levelfivedetentionblockaa23
Giuliani’s schedule is free for the time being now that his Masked Singer performance is in the can.
Bmxtucker
Whatever happened to his license being pulled?
KanzenChowa
I said good lawyer
Burke616
Yeah, but you also said "hire," and in the range of "willing to be hired by the Trump Syndicate," Rudy is at the higher end.
TheCowSaysMoooo
He's going to be too busy testifying to the Jan 6th committee and probably isn't interested in working for Trump pro bono again.
AeonQuasars
He can't either way. His licence is currently not active. For some weird reasons that is.
HandoB4Javert