Trump Indicted on 34 Felony Counts of Falsifying Business Records
Former President Faces Charges Related to Trump Organization
Indictment Details Alleged False Records and Financial Statements
A federal grand jury in New York has indicted former President Donald Trump on 34 felony counts of falsifying business records related to the Trump Organization. The indictment, unsealed Tuesday, alleges that Trump and his company falsified records to deceive lenders and insurance companies about the value of his assets.
The indictment includes specific examples of false statements allegedly made by Trump and his company, including:
* Overstating the value of Trump Tower's retail space by millions of dollars * Falsely claiming that Trump had a 30,000-square-foot penthouse at the Grand Hyatt Hotel * Inflating the number of units sold at Trump Park Avenue * Misrepresenting the value of Trump's golf coursesIf convicted, Trump could face up to 15 years in prison for each count of falsifying business records. He has denied the allegations and has called the indictment a "witch hunt."
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