By Curt_Anderson February 15, 2022 11:14 am Category: Business
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Your longtime accounting firm cuts ties and wants nothing to do with you.
NEW YORK -- The accounting firm that prepared former President Donald Trump's annual financial statements says the documents, used to secure lucrative loans and burnish Trump's image as a wealthy businessman, "should no longer be relied upon" after New York's attorney general said they regularly misstated the value of assets.
In a letter to the Trump Organization's lawyer Feb. 9, Mazars USA LLP advised the company to inform anyone who had gotten the documents not to use them when assessing the financial health of the company and the ex-president. The firm also said it was cutting ties with Trump, its highest profile client.
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Your longtime accounting firm cuts ties and wants nothing to do with you.
