And it comes as the Republican National Convention kicks off, when President Trump must make his case for reelection in November. New York's attorney general confirmed Monday that she is investigating the Trump Organization's ... [+] financial dealings. Seven Springs’ valuation was also used to claim a $21.1 million tax deduction 2015 after the Trump Organization donated part of its 212 acres for conservation efforts. According to James’ filing, the Trump Organization complied with many requests for information, but balked at the testimonies of Eric Trump, Mortabano and Dillon. Further readingNY AG probes if President Trump inflated assets for loans (Associated Press)New York attorney general sues Trump Organization, revealing state investigation into the company’s financial dealings (Washington Post)

Source: Forbes August 24, 2020 17:56 UTC