Trump Org monitor detects errors and financial missteps pre-fraud trial judgment.

January 28, 2024
1 min read

TLDR: The Trump Organization has been flagged for errors and financial misstatements by a court-appointed monitor ahead of an expected ruling in a $370 million civil trial involving the company. The monitor, retired judge Barbara Jones, found that while the organization has cooperated and made some changes, it frequently provided incomplete and untimely documents. Jones also noted that the organization lacks a formal compliance department and operates without effective governance. The report raises concerns that misstatements and errors may continue to occur, potentially leading to incorrect reporting of financial information. The judge overseeing the case has been closely monitoring the monitorship and used a previous report to justify starting the dissolution of the Trump Organization. Defense attorney Chris Kise attempted to call Jones as a witness, but the request was rejected. The trial is set to continue, with an expected ruling in the near future.

Latest from Blog

Go toTop