Copy Of Trump’s Recently Released Financial Statements Show Trump Committed Bank Fraud

This changes everything.


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You might recall that Donald Trump’s former personal lawyer and “fixer” Michael Cohen engaged in some last-minute negotiations with House Democrats in an effort to obtain their assistance in possibly getting a reduced sentence, or at the very least, putting off the date he was scheduled to report to prison — in exchange for access to some 14 million files on a computer that he recently unearthed, which he said would take some time to dig through.

Well, Cohen went digging.

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What he uncovered could prove to be a keystone in either the Southern District of New York’s myriad cases against the President or could possibly prove invaluable to Congressional investigators on the multiple committees with current probes in the works.

The summary memorandum that Cohen and his lawyers presented to lawmakers and prosecutors details “other felony crimes committed before and after he became president,” according to the document, including obstruction of justice and what Cohen’s team says is proof of collusion between the Trump campaign and the government of Russia. But after what Trump’s hand-picked Attorney General William Barr pulled over the last few months with both his “summary” of the Mueller report and the heavily-redacted release, it’s become clear that everyone in Trump’s orbit will do anything necessary, even illegal, to shield the President from facing any consequences for anything of that nature.

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So perhaps the most important details in the Cohen memo will be the proof provided that Trump inflated and deflated his estimated worth according to the numbers that would most benefit him in any given situation — just as Cohen testified before the House Oversight Committee in February of this year.

Investigative journalist Grant Stern collected scans of financial statements from Trump into a single tweet, which taken together underscore a pattern of deception that Trump used to his own financial benefit:

But more importantly, all of those disclosures would have been part of any presentation to a bank in order to obtain loans for any real estate deals — say, a Trump Tower in Moscow — that Mr. Trump undertook during that time period.

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There have been plenty of Trump defenders who say that the President could never face consequences like what Cohen has been sentenced to because they mistakenly believe that Trump is guilty of possibly only the campaign finance violations that would accompany the hush money payments that have been proven and documented at this point.

But the bulk of Cohen’s three-year sentence is for a different crime: Bank fraud. And now it looks like Trump is about to be proven guilty of the exact same thing.

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Calum Stuart