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Domain 03

Financial Fraud and Manipulation

Securities violations, tax fraud, bank fraud, and financial manipulation.

23 entries

FRAUD-025Tier 5Ongoing

The 2025 Tariff Regime: Economists Called It the Largest Tax Increase in Decades as Markets Crashed and Consumer Costs Surged

2025 - 2025

Beginning in his second term in January 2025, President Donald Trump imposed a series of tariffs on imported goods that economists across the political spectrum described as the largest effective tax ...

FRAUD-009Tier 2Ongoing

Trump Media and Truth Social: SEC Fraud Charges Against SPAC, Insider Trading Convictions, and the Digital World Acquisition Corp Merger

2021 - 2026

Trump Media and Technology Group Corp. (TMTG), the parent company of the social media platform Truth Social, went public through a merger with Digital World Acquisition Corp. (DWAC), a special purpose...

FRAUD-022Tier 4Under Congressional Investigation

The $2 Billion Kushner-Saudi Investment: Saudi Arabia Funded Jared Kushner's Firm After He Shaped Favorable Middle East Policy

2021 - 2024

Six months after leaving his role as a senior White House adviser, Jared Kushner, Donald Trump's son-in-law, launched a private equity firm called Affinity Partners and secured a $2 billion investment...

FRAUD-023Tier 3Documented

The Trump Tower Meeting: Campaign Officials Met with a Russian Lawyer Promising Dirt on Clinton, Then Trump Dictated a Misleading Cover Story

2016 - 2019

On June 9, 2016, three senior members of Donald Trump's presidential campaign met at Trump Tower in New York City with a Russian lawyer and several associates after being promised damaging information...

FRAUD-021Tier 1Resolved

Trump's Tax Return Battle: Years of Legal Obstruction Followed by Revelations of Minimal Tax Payments and Failed IRS Audits

2015 - 2022

Donald Trump broke a decades-long bipartisan precedent by refusing to release his tax returns during and after the 2016 presidential campaign, then fought a multi-year legal battle to prevent Congress...

FRAUD-013Tier 4Documented

The Trump Tower Baku Project: A Hotel Deal Linked to an Azerbaijani Oligarch Family with Ties to Iran's Revolutionary Guard Corps

2012 - 2017

In May 2012, the Trump Organization entered into a licensing and management agreement for a luxury hotel and residential tower in Baku, the capital of Azerbaijan. The project, branded as Trump Interna...

FRAUD-001Tier 1Under Appeal

New York Civil Fraud: Judicial Finding of Years of Financial Fraud Through Systematic Asset Inflation

2011 - 2025

On February 16, 2024, Justice Arthur Engoron of the New York Supreme Court ruled that Donald Trump, his adult sons Donald Jr. and Eric, former CFO Allen Weisselberg, and multiple Trump Organization en...

FRAUD-024Tier 1Under Appeal

Two Sets of Books: The Trump Organization's Practice of Maintaining Inflated Financial Statements for Lenders and Deflated Valuations for Tax Authorities

2011 - 2024

A central finding of New York Attorney General Letitia James's civil fraud case against Donald Trump, the Trump Organization, and several individual defendants was that the Trump Organization maintain...

FRAUD-027Tier 4No Active Investigation

Trump Organization India Projects: Licensing Deals with Politically Connected Developers and Blurred Lines Between Diplomacy and Business

2011 - 2018

The Trump Organization maintained more business entities in India than in any other foreign country. Between 2014 and 2016, the organization received an estimated $1.6 million to $11 million in licens...

FRAUD-028Tier 4No Active Investigation

Trump Tower Manila and Trump Tower Punta del Este: Licensing Deals with a Philippine Trade Envoy and a Financially Troubled Uruguayan Project

2011 - 2022

The Trump Organization entered licensing agreements for branded towers in both the Philippines and Uruguay, creating business relationships with politically connected partners in countries where U.S. ...

FRAUD-012Tier 4Documented

The Trump Network: A Multi-Level Marketing Vitamin Scheme Built on Pseudoscience and Celebrity Endorsement

2009 - 2012

In 2009, Donald Trump lent his name, image, and promotional endorsement to a multi-level marketing company called the Trump Network, which sold nutritional supplements, including a customized vitamin ...

FRAUD-019Tier 4Documented

Trump Ocean Club Panama: Misrepresented Sales, Criminal Buyers, and a Violent Management Dispute

2006 - 2018

The Trump Ocean Club International Hotel and Tower in Panama City, a 70-story luxury development that opened in 2011, was the subject of multiple fraud allegations involving misrepresented sales figur...

FRAUD-004Tier 1Resolved

Trump Organization Criminal Tax Fraud: Fifteen-Year Scheme of Unreported Executive Compensation

2005 - 2023

On July 1, 2021, the Manhattan District Attorney's office indicted Allen Weisselberg, the longtime Chief Financial Officer of the Trump Organization, along with two Trump Organization corporate entiti...

FRAUD-008Tier 1Resolved

Trump University Instructor Qualifications Fraud: Scripted Deception, Fabricated Credentials, and the 'Hand-Picked' Marketing Claim

2005 - 2016

Trump University, the for-profit real estate seminar program that operated from 2005 to 2010, marketed its instructors as experts "hand-picked" by Donald Trump who would share his personal real estate...

FRAUD-014Tier 4Documented

The Bayrock Group and Felix Sater: Trump's Business Partnership with a Convicted Felon He Claimed Not to Know

2002 - 2019

Between approximately 2002 and 2011, the Trump Organization maintained an extensive business relationship with the Bayrock Group, a real estate development company headquartered in Trump Tower. Bayroc...

FRAUD-017Tier 4Under IRS Audit

Tax Avoidance Patterns: Paying $750 in Federal Income Tax, Reporting Chronic Losses, and Claiming a Disputed $72.9 Million Refund

2000 - 2020

A Pulitzer Prize-winning investigation by The New York Times, published on September 27, 2020, revealed that Donald Trump paid $750 in federal income taxes in both 2016, the year he won the presidency...

FRAUD-002Tier 1Resolved

Trump Taj Mahal: $10 Million FinCEN Penalty for Willful Anti-Money Laundering Violations

1998 - 2015

On January 27, 2015, the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, imposed a $10 million civil money penalty against Trump Taj Mahal Associates LL...

FRAUD-006Tier 4Documented

Undisclosed Debt and Deutsche Bank Entanglements: $421 Million in Personal Loans During the Presidency

1998 - 2021

In September and October 2020, the New York Times published a series of investigative reports based on more than two decades of Trump's federal tax return data. The investigation revealed that Trump w...

FRAUD-016Tier 4Documented

Deutsche Bank Lending Relationship: Over $2 Billion in Loans from a Bank Facing Russian Money Laundering Sanctions

1998 - 2021

Deutsche Bank extended over $2 billion in loans to Donald Trump and the Trump Organization across a roughly two-decade period, continuing to lend to him when no other major Western bank would. The rel...

FRAUD-003Tier 1Resolved

Casino Bankruptcies: Six Chapter 11 Filings, $82 Million in Personal Compensation While Investors Lost Billions

1991 - 2014

Between 1991 and 2014, entities controlled or chaired by Donald Trump filed for Chapter 11 bankruptcy protection six times across four distinct reorganization cycles. In every case the filing entities...

FRAUD-011Tier 4Documented

Failed Trump-Branded Ventures: A Pattern of Misleading Marketing Across Vodka, Steaks, Airlines, Mortgage, Magazine, and Other Licensed Products

1989 - 2016

Over a period spanning nearly three decades, Donald Trump lent his name to a series of consumer products and business ventures that were marketed with extravagant claims of quality and luxury, only to...

FRAUD-020Tier 3Documented

Trump Casino Junk Bonds: Billions Lost by Investors While Trump Collected Millions in Personal Compensation

1988 - 2014

Between 1988 and 1991, Donald Trump financed his Atlantic City casino empire through the sale of high-yield junk bonds that promised investors extraordinary returns while exposing them to catastrophic...

FRAUD-005Tier 4Documented

Trump Family Tax Schemes: $413 Million in Fraudulent Transfers from Fred Trump's Empire

1968 - 2018

On October 2, 2018, the New York Times published a 14,000-word investigation by reporters David Barstow, Susanne Craig, and Russ Buettner documenting the mechanisms through which Fred Trump transferre...