Trump Organisation

Trump Media to merge with TAE in $6 bn deal to build nuclear fusion company

Upon completion of the deal, shareholders of each company will own about 50% of the combined firm on a fully diluted equity basis

Vietnam approves Trump Organisation's $1.5 bn golf and real estate project

Vietnam has approved a $1.5 billion proposal by the Trump Organisation and its Vietnamese partner to build golf courses, hotels and real estate projects in the Southeast Asian country, state-run media reported Friday. The project spanning 990 hectares (2,446 acres) in northern Vietnam's Khoai Chau district will include a golf course the size 336 American football fields, residential areas, commercial spaces and parks. The decision approving the investment was signed by Deputy Prime Minister Tran Hong Ha, the VN Express newspaper reported. Vietnam is heading into negotiations with the US in a bid to avoid the 46% tariffs on its exports announced by President Donald Trump's administration. Vietnam also has been facing heat from Washington for not doing enough to prevent the diversion of Chinese goods through its borders. The investment project was announced by Vietnamese real estate developer Kinhbac City, which partnered with Trump's family business in October. Work on the project w

Trump is visiting 3 Gulf nations where his company just made new deals

US President Donald Trump is scheduled to start his Gulf tour on Tuesday with stops in Saudi Arabia, Qatar and the UAE - all countries where the Trump Organisation is expanding its business

Trump hush money prosecutors seek to ask about fraud, writer Jean Carroll

The first-ever criminal trial of a former US president began on Monday, and jury selection is ongoing

Ivanka says she wasn't involved in documents central to her father's trial

Ivanka Trump testified on Wednesday that she had no role in her father's personal financial statements, echoing her adult brothers about documents central to the civil fraud trial that could reshape Donald Trump's family business. The former president's elder daughter, who has been in his inner circle in both business and politics, rounds out a major stretch in the trial. Her father took the stand on Monday, and her brothers Eric Trump and Donald Trump Jr. testified last week. Unlike her father and brothers, Ivanka Trump is no longer a defendant in New York Attorney General Letitia James' lawsuit. It alleges that Donald Trump's asset values were fraudulently pumped up for years on annual statements of financial condition that helped him get loans and insurance. I wasn't involved in his statement of financial condition, Ivanka Trump, a former executive vice president at the family's Trump Organisation, told the court during even-tempered testimony that provided a counterpoint to her

Trump Jr. testifies he never worked on key documents in his father's trial

Donald Trump Jr. testified on Wednesday that he never worked on his father's financial statements, the documents now at the heart of the civil fraud trial that threatens former President Donald Trump's real estate empire. The ex-president's eldest son is an executive vice president of the family's Trump Organisation and has been a trustee of a trust set up to hold its assets when his father was in the White House. At least one of the annual financial statements bore language saying the trustees are responsible for the document. But Donald Trump Jr. said he didn't recall ever working on any of the financial statements and had no specific knowledge of them. The lawsuit centers on whether the former president and his business misled banks and insurers by inflating his net worth on the financial statements. He and other defendants, including sons Donald Jr. and Eric, deny wrongdoing. Trump Jr. said he signed off on statements as a trustee, but had left the work to outside accountants a

'Culture of fraud': Trump Org tax case wraps up with closing arguments

Donald Trump's company cultivated a culture of fraud and deception by lavishing luxe perks on executives and falsifying records to hide the compensation, a prosecutor told jurors Thursday during closing arguments at the Trump Organisation's criminal tax fraud trial. Assistant Manhattan District Attorney Joshua Steinglass' fiery summation followed defence arguments that sought to focus blame for the fraud on longtime company finance chief Allen Weisselberg, who has admitted scheming to avoid paying personal income taxes on a company-paid apartment, luxury cars and other goodies. Weisselberg did it for Weisselberg," Trump Organisation lawyer Michael Van der Veen said, punctuating his closing argument with the defence team's mantra during the monthlong trial. Steinglass pushed back when it was his turn, telling jurors: Both halves of that sentence are wrong. It wasn't just Weisselberg doing it and it wasn't just Weisselberg who benefited. The Trump Organisation, the entity through whi

Trump Organisation CFO Allen Weisselberg surrenders to New York prosecutors

Trump Organisation's chief financial officer Allen Weisselberg has surrendered to Manhattan District Attorney's Office as he faces criminal charges on alleged tax crimes

Trump Organisation CFO Weisselberg surrenders ahead of tax fraud charges

Weisselberg lawyers Mary Mulligan and Bryan Skarlatos said he "intends to plead not guilty and he will fight these charges in court."

Trump Organisation, CFO Weisselberg indicted by grand jury for tax crimes

A grand jury in Manhattan has filed criminal indictments on Wednesday against former US President Donald Trump's company and its longtime chief financial officer Allen Weisselberg

Trump sparks a crisis for his business empire just before returning to it

After egging on a mob that rioted inside the U.S. Capitol last week, the brand that's at the heart of President Donald Trump's career and fortune is in crisis

Jump starting family business to television stint: What's next for Trump?

After winning the presidency four years ago, Mr. Trump declined to sell off his stake in the Trump Organization, and instead adopted a plan that he said would eliminate conflicts of interest

Trump's business decisions in 1980s nearly led him to ruin

For a single businessman to declare losses approaching $1 billion is so extraordinary that it caused several accountants and lawyers consulted by The Times to blanch