Quantcast
Connect with us

Donald Trump tried to scam his own father Fred and was removed as executor of his will: NYT report

Published

on

Donald Trump, left, with father Fred Trump (Screen cap).

On Tuesday, the New York Times published a massive 14,000-word investigative report on the Trump family’s decades of tax evasion and fraud.

The piece centers on the ways Fred Trump, father to President Donald Trump, successfully transferred vast wealth to his children without paying taxes. Donald Trump was handed tens of millions of dollars by his father, who nonetheless helped the boy maintain his reputation as a “self-made man.”

ADVERTISEMENT

But Donald was not always satisfied with his father’s largesse, according to the report. In one of the most remarkable scenes in the piece, Donald attempted to get his father to sign over complete control of his estate in an updated will, and was thwarted by Fred, who was suspicious and ended up hiring a new attorney and removing Donald as executor of his estate.

“Fred Trump had given careful thought to what would become of his empire after he died, and had hired one of the nation’s top estate lawyers to draft his will,” the report says. “But in December 1990, Donald Trump sent his father a document, drafted by one of his own lawyers, that sought to make significant changes to that will. Fred Trump, then 85, had never before set eyes on the document, 12 pages of dense legalese. Nor had he authorized its preparation. Nor had he met the lawyer who drafted it.”

Donald told his father to sign “immediately.”

The old man was apparently suspicious, and according to depositions later taken from the family during a financial squabble, declined to give Donald “total control over his affairs.”

“As close as they were—or perhaps because they were so close—Fred Trump did not immediately confront his son,” the report reads.

ADVERTISEMENT

Fred instead went to his daughter, a federal judge, Maryanne Trump Barry.

“This doesn’t pass the smell test,” he told her.

“Donald was in precarious financial straits by his own admission,” she said, “and Dad was very concerned as a man who worked hard for his money and never wanted any of it to leave the family.”

ADVERTISEMENT

So Fred Trump directed his daughter to find new estate lawyers, who stripped Donald Trump of control over his father’s estate.

“Clumsy as it was, Donald Trump’s failed attempt to change his father’s will brought a family reckoning,” the report reads.

ADVERTISEMENT

And so, under Donald’s direction, the Trumps set up a scheme to transfer the money which experts told the Times constituted fraud.

Read the report here.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Trump’s ‘The Apprentice: Covid Edition’ is a massive flop — and blowing up in his face

Published

on

It's hardly new or revelatory to say this, but it's critical to remember the role that "The Apprentice" played in turning Donald Trump, a notoriously bad businessman with a string of bankruptcies, into an American icon of capitalist success. Everything from careful editing to set designers giving the dreary Trump Organization offices a glow-up came together to create the illusion of success where only failure and mediocrity had been before.

It was an experience so profound for Trump that he did something highly unusual: He learned something. He absorbed the idea that a well-constructed illusion of competence gets you all the benefits of being accomplished, without having to do the hard work of actually achieving anything.

Continue Reading

2020 Election

‘We ought to be mourning’: Fox News guest reprimands anchor over attack on ‘comrade’ AOC

Published

on

Michigan state Rep. Karen Whitsett (D) pushed back against Fox News host Pete Hegseth on Sunday after he attacked Rep. Alexandria Ocasio-Cortez (D-NY) in the aftermath of the death of Supreme Court Justice Ruth Bader Ginsburg.

"Comrade Cortez firing up her base in the wake of Supreme Court Justice Ruth Bader Ginsburg's death," Hegseth announced to kick off the Fox & Friends segment. "The New York socialist telling supporters they need to back Biden now more than ever."

"Karen, I will start with you," the Fox News host continued. "Comrade Cortez says let this moment radicalize you. Is that what this should do for Democrats?"

Continue Reading
 

2020 Election

The future of Ginsburg’s Supreme Court seat will likely hinge on control of the Senate

Published

on

Donald Trump may push Senate Republicans to try to jam a Supreme Court nominee through before the election, but I think it's more likely that he'll opt to run on the vacancy given that it's an issue that could bring Republicans who don't like him back into the fold. It would be better for him than running against the Democratic backlash that would follow a hasty confirmation before the election. And Senate Majority Mitch McConnell would also be hard-pressed to usher through a confirmation in that brief period, and he has vulnerable members who need to be home campaigning.

Sens. Susan Collins (R-ME) and Lisa Murkowski (I-AK) have said that they will not vote for a nominee before next year's inauguration. Mitt Romney (R-UT) was reportedly against moving a nominee this year as well, although his press secretary denied the accuracy of the story. If he's a no, then one more vote kills a confirmation, which would be a devastating blow to Trump just before an election.

Continue Reading
 
 
You need honest news coverage.  Help us deliver it.  Join Raw Story Investigates for $1. Go ad-free. LEARN MORE