Washington Post reporter David Fahrenthold last year won the Pulitzer Prize for uncovering President Donald Trump's virtually nonexistent record of charitable giving -- despite the fact that Trump had boasted of giving away millions of dollars to charitable causes.
Now Fahrenthold is taking a deep look at Trump's personal business dealings, starting with Trump's decision to buy $400 million worth of real estate via cash-only transactions.
The fact that Trump last decade shifted from buying properties by taking on debt to buying properties with cash raises some red flags, as it's highly unusual for most top real estate developers to use nothing but cash to acquire new assets.
Writing on Twitter, Fahrenthold on Monday listed four burning questions that we need to have answered about Trump's sudden switch to all-cash real estate deals -- check them all out below.
We found that @realDonaldTrump made an abrupt shift in 2006, from borrowing $ to buy properties to buying propertie… https://t.co/ndLSXSr2Kc— David Fahrenthold (@David Fahrenthold)1525706588.0
Q1: Why did @realDonaldTrump make this change at that moment? @erictrump says it was an aversion to debt itself. Bu… https://t.co/6EHurW3Gjw— David Fahrenthold (@David Fahrenthold)1525706720.0
Q2: Where was @realDonaldTrump's company getting all this ready cash? I'd like to know much more about the $ they h… https://t.co/jdzU6e0cZu— David Fahrenthold (@David Fahrenthold)1525706824.0
Q3: If @realDonaldTrump's company had turned to a conservative, low-debt strategy in '06, why did they take on huge… https://t.co/hpJ0757SI1— David Fahrenthold (@David Fahrenthold)1525706892.0
Q4: Have there been other, all-cash land purchases by @realDonaldTrump that we haven't found yet? He has a long lis… https://t.co/0NQeue6glJ— David Fahrenthold (@David Fahrenthold)1525706996.0
The New York Times reported this past weekend that longtime Trump attorney Michael Cohen over the past decade had also built himself a real estate empire using cash-only transactions -- transactions that Richard K. Gordon, director of the Financial Integrity Institute at Case Western Reserve University’s law school, said should raise red flags over potential money laundering.