Current Location: current position:Home > LotteryGames > Tip sa Pagtaya sa Baccarat-George Conway: Accounting Firm's Move Is Worse For Trump Than Being Impeached Twice body

Tip sa Pagtaya sa Baccarat-George Conway: Accounting Firm's Move Is Worse For Trump Than Being Impeached Twice

An accounting firm’s decision to cut ties with the Trump Organization spells very bad news for former President Donald Trump, according to conservative attorney George Conway.

Trump’s longtime accounting firm, Mazars USA, sent a letter on Feb. 9 to Trump Organization executive vice president and chief legal officer Alan Garten notifying him of the firm’s decision to drop the business as a client. It also said that the financial statements it prepared for Trump between 2011 and 2020 “should no longer be relied upon.”

Those statements are at the center of two investigations into whether Trump illegally inflated the values of his assets to defraud lenders. The Mazars letter was included in a court document filed Monday by New York Attorney General Letitia James’ office.

According to Conway, who is married to Trump’s former senior White House counselor Kellyanne Conway, having a decade’s worth of financial statements pulled by accountants is “just about the most calamitous thing” that could happen to any business with outside financing or investors.

“This is worse for him than being impeached twice,” he added.

For any business (including a privately-held one) that has outside financing or investors, having your financial statements (let alone 10 years' worth!) pulled by your accountants is just about the most calamitous thing that could happen to it, other than perhaps being indicted.

— George Conway (@gtconway3d) February 14, 2022

This is worse for him than getting impeached twice.

— George Conway (@gtconway3d) February 14, 2022

The firm compiled the financial statements based on information provided by Trump and the business. In its letter, the firm said it had reached its decision based, in part, on filings made by the attorney general’s office last month and on its own investigation and information received from various sources.

Advertisement

“While we have not concluded that the various financial statements, as a whole, contain material discrepancies, based upon the totality of the circumstances, we believe our advice to you to no longer rely upon those financial statements is appropriate,” the letter said.

Conway interpreted the language for his followers:

"decision regarding the financial financial statements"=they are false because you lied

"totality of the circumstances"=the D.A. is serious

"non-waivable conflict of interest"=we are now on team D.A.

"not able to provide new work product"=sorry we're not going to jail for you https://t.co/jbK2WUjncy pic.twitter.com/NbbDhUCbrL

— George Conway (@gtconway3d) February 14, 2022

Conway also spotted a detail in the numbering system used on the firm’s letter, which he said indicated that accountants had provided extensive materials to prosecutors.

check out the Bates number on the Mazars letter pic.twitter.com/tPKLL7q8oF

— George Conway (@gtconway3d) February 14, 2022

It suggests that the accountants have produced at least 525,838 pages of material to prosecutors

— George Conway (@gtconway3d) February 14, 2022
Advertisement

Mazars USA’s letter could aid the New York attorney general’s civil probe. While no criminal charges can be filed in the case, the attorney general could sue Trump and the company to seek financial penalties or shut down parts of his business in the state.

Related...

Accounting Firm Drops Trump Org As Client Amid New York AG’s Investigation

Alex Rodriguez, Once Scorned By Trump, In Group Buying His D.C. Hotel

Sen. Josh Hawley Puts His Capitol Riot Salute On Campaign Mug

Go To Homepage
Josephine Harvey - Senior Reporter, HuffPost

Josephine Harvey

Senior Reporter, HuffPost

Do you have information you want to share with HuffPost? Here’s how.

More:trump organizationGeorge ConwayMazars USAPresident Donald Trump

Popular in the Community

Trending

Serena Williams Loses To Ajla Tomljanovic In U.S. Open In What Is Expected To Be Last Match Of Career

Kevin McCarthy Referred To The 'Electric Cord Of Liberty,' And People Are Confused

Bill Barr Calls B.S. On Trump's 'Red Herring' Classified Document Excuses

Daily Caller Trolls Biden With 'Star Wars' Meme That Backfires Badly

CNN Correspondent Uses Last Day At Network To Send Clear Message On Trump

Newsletter Sign Up

Politics

HuffPost's top politics stories, straight to your inbox.Successfully Subscribed!Realness delivered to your inbox
author:Manila
------分隔线----------------------------
headline News
Picture News
Top