Trump's Latest Accounting Gambit Just Failed

[Eugene]

Source: Daily Beast

ACCOUNTING ERROR

Trump’s Latest Accounting Gambit Just Failed

Donald Trump tried to delay turning over accounting documents by using a little-known firm in Texas. A New York judge just put the kibosh on it.

Jose Pagliery
Political Investigations Reporter
Published Apr. 11, 2023 4:46AM ET

Already drowning in legal trouble from his recent arrest and two other potential criminal indictments on the horizon, former President Donald Trump continues to delay the New York attorney general’s attempt to bankrupt him—this time, by finding Republican-friendly accountants in Texas.

His family company, the Trump Organization, was forced to scramble and find new accountants early last year amid accusations it regularly faked business records to inflate assets. The shunned Trumps settled on Whitley Penn, a relatively unknown accounting firm that doesn’t even rank among the “Big Four”—not even among the big four in North Texas.

But a potential reason Trump selected Whitley Penn became obvious to AG Letitia James’ investigators last month, when the small firm made clear it wouldn’t simply comply with her team’s subpoenas in New York seeking information about the Trump Organization’s latest finances.

-snip-

Claiming that it “takes no position on the outcome here,” the Texas accounting firm serving as the Trumps’ “independent auditor” said it would only turn over records “if the Trump Organization consents” or if a judge steps in.

Luckily for James, a judge just did that.

-snip-

Read more: https://www.thedailybeast.com/trumps-latest-accounting-gambit-just-failed

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Related: Order by Judge Arthur F. Engoron - People v Donald Trump

[bluesbassman]

1. He's using a strip mall attorney, might as well use a strip mall accountant.

Texas MAGAts are the worst. And that’s saying something.

[Ray Bruns]

4. What Dump needs are the services of Lionel Hutz

“Mr. Simpson, don't you worry. I watched Matlock in a bar last night. The sound wasn't on, but I think I got the gist of it.“

[bluesbassman]

11. As the saying goes - "You gets what ya pays for".

😂

[LetMyPeopleVote]

2. I have never heard of this accounting firm

[Ray Bruns]

12. Neither has anyone else. I would be looking into who opened this business and when.

John Barron?

[LetMyPeopleVote]

14. I do deals in Texas and know most of the top regional firms

[lindysalsagal]

3. Hope they got the retainer up front....nah. I don't care. Stiffum.

[republianmushroom]

5. 26 months and counting

[republianmushroom]

7. Darn, Donnie, this is going to mean more Pepto-Bismol.

This medicine is used for heartburn and acid reflux, indigestion, diarrhea and feeling sick (nausea).
It will help.

[AZ8theist]

9. ..he still needs diapers....

[gratuitous]

8. Next up: We're accountants in Texas, and we don't have to obey no New York judge

More delays while the judge's order is certified and transcribed to Texas. I'd bet a shiny nickel on it.

[nwduke]

10. You'd think these idiots would know by now

anything the trumps touch goes to shit! Disbarred, sanctioned, arrested or run out of business seems to be the result of companies that deal with this mob organization. Guess they had to run to Texas where they could find a clueless accounting firm that most likely get are their news from FQX🤪😵‍💫😂

[FakeNoose]

13. No surprises here: frequent Chump/GOP donor (from OP link)

The small Texas firm’s co-founder and chief financial officer, Jim Penn, has a long history of giving to Republican political campaigns and has contributed more than $53,000 to the GOP since just 2020. He was the first person at his firm to donate to Trump’s 2016 campaign, and he did it again the next time around.