TFG's Accounting firm, Mazars, has effectively fired the Trump Organization

[LetMyPeopleVote]

This makes me smile.

Link to tweet

Link to tweet

[Initech]

1. You know you're guilty when your own accountants consider you risky!

[LetMyPeopleVote]

27. It's beautiful that Trump's accounting firm dumps him on Valentine's Day.

Link to tweet

[malaise]

2. Get thee to the greatest page

Oh My!

[Budi]

3. Nine Years !

Wow.
"Financial statements froom 2011-2020 should not be relied on"

NINE YEARS of Financials! Yikes.

MAZERS to Trump Org.
You're On Your Own

[malaise]

14. Now you know why he could not present the tax returns

The Slobfather is a common criminal who should never have been allowed to hold any office
At least h ewill die in disgrace because the truth is seeping out. The BananaReTHUGs must not be allowed to run away from Slob by - they all own this.

[Brainfodder]

19. Just FYI: That's ten, 11-12-13-14-15 - 16-17-18-19-20

We know he is crap, it's all years probably?



Waddle Dump on the level... that would be news!

[MerryHolidays]

4. That's very bad news for Trump...nt

[Budi]

5. So who's going to replace Mazars?

Trump: "Hello Vlad, do me a favor!"

[Nevilledog]

20. Four Seasons Total Accounting

[MineralMan]

22. LOL!

[Budi]

25. Haaaaha Sure & why not, "what have you got to lose!"

👍

[LetMyPeopleVote]

6. Trump Org's longtime accountants sever ties and warn ex-president's financial statements can't be tr

The accounting firm is in effect stating that TFG and the Trump Organization lied to the accounting firm and so the financial statements cannot be relied on

Link to tweet

In a letter sent to Trump Organization chief legal officer Alan Garten, Mazars general counsel William J. Kelly states that statements about Trump's financial condition ranging from the years 2011 through 2020 "should no longer be relied upon."

Kelly went on to explain that Mazars came to this conclusion "based, in part, upon the filings made by the New York Attorney General on January 18, 2022, our own investigation, and information received from internal and external sources."

What's more, Kelly informed Garten that Mazars will not be "able to provide any new work product to the Trump Organization" because the false claims made in the documents about Trump's finances have created "a non-waivable conflict of interest" with the company.

In conclusion, Kelly said that Mazars would "do everything reasonably possible to facilitate a smooth transition to your new tax preparers."

Among other things, this could generate defaults in most the loan documents for the Trump Organization. Lenders do not like it when you lie to the accountants

[SallyHemmings]

7. What took so long?

[LetMyPeopleVote]

10. Firing a client while you are in litigation is a big deal

This was not an easy decision in that the accounting firm has guaranteed that it will be sued by the client

[fightforfreedom]

8. This is very bad news for Trump.

Tick, tick, tick.

[fightforfreedom]

9. This is very bad news for Trump.

Tick, tick, tick.

[LetMyPeopleVote]

11. AG James filings have proven to be accurate

Link to tweet

[FakeNoose]

12. I hope they're willing to testify, get their subpoenas ready

[LetMyPeopleVote]

13. Trump Organization's accounting firm says 10 years of financial statements are unreliable

Link to tweet

Former President Donald Trump's long-time accounting firm informed the Trump Organization last week that it should no longer rely on nearly 10 years' worth of financial statements and that they would no longer be their accountants, citing a conflict of interest.

"We have come to this conclusion based, in part, upon the filings made by the New York Attorney General on January 18, 2022, our own investigation, and information received from internal and external sources," Mazars wrote in a letter to the Trump Organization chief legal officer, advising them to no longer rely on financial statements ending June 2011 through June 2020.

"While we have not concluded that the various financial statements, as a whole, contain material discrepancies, based upon the totality of the circumstances, we believe our advice to you to no longer rely upon those financial statements is appropriate."

The company also advised the Trump Organization to inform any recipients of the statements, such as lenders or insurers, to not rely on the statements.

[Kid Berwyn]

24. "Unreliable" does not reflect "Integrity."

Wonder what other sworn legal documents are unreliable?

[tanyev]

15. Womp womp.

[BigmanPigman]

16. 2016 to Hillary..."I don't pay taxes because I'm smart"

[sarcasmo]

17. Mazars has a deal with Tish James.

[Justice matters.]

18. So it took these crooks years since Cohen told Congress the truth

to run away scared from the orange criminal?

Wonder how many of his victims could sue them for not doing that the same day he told lawmakers TFG is a crook...

[Hekate]

21. They must have gotten leaned on pretty hard by the state &feds.I suspect their troubles are not over

[Kid Berwyn]

23. It really is a feel-good story.

May Semion Mogilevich become a household name.

[LetMyPeopleVote]

26. From Deadline White House

Link to tweet