Monday, September 26, 2016

Trump Failed to Disclose Foreign-Owned Business on Financial Disclosure

Donald Trump failed to list one of his European companies on the Public Financial Disclosure Report submitted at the start of his campaign to the United States Office of Government Ethics, according to the Democratic Coalition Against Trump (DCAT).  The company that Trump failed to list is DT Connect Europe Limited, which is registered in Turnberry, Scotland and co-owned by Eric Trump and Donald Trump, Jr. The paperwork for the company can be found through the United Kingdom’s official government business register by clicking here.

According to the Ethics in Government Act of 1978, “the Attorney General may bring a civil action against any individual who knowingly and willfully falsifies or who knowingly and willfully fails to file or report any information that such individual is required to report,” on the Public Financial Disclosure Report. Additionally, the individual may be fined or may be imprisoned for up to one year.

“At this point, Trump has to release his tax returns to give the American public a full overview of his business dealings, both foreign and domestic,” said Scott Dworkin, Senior Advisor of the Democratic Coalition Against Trump. “But Trump obviously doesn’t have an issue lying on government documents, so who knows if we'll be able to to trust what’s in the returns when he does release them. It only makes sense that the Attorney General’s office open up an investigation into the matter.”

(Adapted from a DCAT Press Release)


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