Report: Documents Show Trump Committed Mortgage Fraud

For months, Team Trump has been accusing political enemies of mortgage fraud for claiming more than one primary residence. Trump called one foe who did so “deceitful and potentially criminal” and another “CROOKED.”

But documents show Trump did the very same thing in the 1990s. #hypocrisy

Via ProPublica:

In 1993, Trump signed a mortgage for a “Bermuda style” home in Palm Beach, Florida, pledging that it would be his principal residence. Just seven weeks later, he got another mortgage for a seven-bedroom, marble-floored neighboring property, attesting that it too would be his principal residence.

In reality, Trump, then a New Yorker, does not appear to have ever lived in either home, let alone used them as a principal residence.

Instead, the two houses, which are next to his historic Mar-a-Lago estate, were used as investment properties and rented out, according to contemporaneous news accounts and an interview with his longtime real estate agent — exactly the sort of scenario his administration has pointed to as evidence of fraud.

ProPublica previously reported that three of Trump’s Cabinet members have called multiple homes their primary residences in mortgage agreements.

Just yesterday, CBS News reported the Trump administration plans to move forward in firing Federal Reserve Board of Governors member Lisa Cook over this very same issue.


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