Former President donald trump had strange business practices, and one of them involved paying in gold bullion, according to a bestseller published last year.
Trump once received part of the rental payment for the parking garage at the General Motors Building in Manhattan he bought in 1998 when gold bricks were mailed to him in a box, a New York Times reporter reported Maggie Haberman said in the book Confidence Man: The Making of Donald Trump and the Breaking of America, published October 4, 2022.
Although Trump was initially unsure what he would do with the gold bars, he then told his former security guard matt calamari, who later became the chief operating officer trump Organization, rolling the poles up to his apartment in Trump Tower, Haberman said in the book.
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The book also revealed that Trump once borrowed millions of dollars from the Trump Organization executive george ross, The report said it was supposed to be about “a situation that was dealt with very quickly” and not about labor costs.
If Malcolm Forbes, the late owner of Forbes, preparing to report that the former president was significantly inflating his fortune in front of the public, Trump threatened to go public with rumors that Forbes was gay, Haberman’s book revealed.
When Trump’s hotel and casino company was taken to court by the SEC for falsifying an earnings statement, lawyers shifted the blame to company officials. Haberman’s new book, cited Alan Markusa former management consultant, however, said Trump personally flagged a draft of the earnings announcement.
Trump acknowledged that his business in New York City meant he may have dealt with the mob. “Well you traded, you had contractors and you don’t know if they were mob controlled or mob controlled or maybe not controlled,” he told Haberman.
Originally published September 24, 2022.
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