NEW YORK — The accounting firm that prepared former President Donald Trump’s annual financial statements said the documents, used to secure lucrative loans and boost Trump’s image as a wealthy businessman, “don’t should no longer be relied upon” after the New York Attorney General said they routinely make misrepresentations. the value of assets.
In a letter to the Trump Organization’s lawyer on February 9, Mazars USA LLP advised the company to advise anyone who obtained the documents not to use them when assessing the company’s financial health. and the former president.
“Although we have not concluded that the various financial statements, taken together, contain material differences, based on the totality of the circumstances, we believe that our advice to no longer rely on these financial statements is appropriate. “said Mazars General Counsel William J. Kelly wrote.
Kelly said Mazars had done his work on Trump’s financial statements “in accordance with professional standards,” but he could no longer stand by the documents in light of James’ findings and his own investigation. Kelly said Mazars’ findings applied to Trump’s 2011-2020 financial statements. Another firm handled Trump’s 2021 financials.
Mazars’ letter, made public Monday in a court filing, came just weeks after New York Attorney General Letitia James said her civil investigation uncovered evidence that Trump and his company had used assessments ” fraudulent or deceptive” of its golf clubs, skyscrapers and other properties to obtain loans and tax advantages.
Western drought called worst in 1,200 years
The mega-drought in the American West got so bad last year that it’s now the driest in at least 1,200 years and is the worst-case climate change scenario playing out live, a new study finds. .
A dramatic drought in 2021 – about as dry as 2002 and one of the driest years on record for the region – pushed the 22-year drought past the previous record holder for mega-droughts at late 1500s and shows no signs of easing in the near future, according to a study published Monday in the journal Nature Climate Change.
The study calculated that 42% of this mega-drought can be attributed to human-induced climate change.
“Climate change is shifting baseline conditions to a drier and progressively drier state in the West, which means the worst-case scenario is only getting worse,” said the study’s lead author, Park Williams, climate hydrologist at UCLA.
8 likely dead in plane crash off Outer Banks
A small plane carrying eight people crashed into the ocean off North Carolina’s Outer Banks and left behind several debris fields where crews searched for missing passengers, the Coast Guard said.
One body has so far been found and identified, Carteret County Sheriff Asa Buck told reporters Monday afternoon. “We have no indication that anyone survived the crash,” the sheriff said.
Search teams are still searching for the main body of the plane, but have identified three debris fields, which had moved farther offshore into the Atlantic Ocean, Buck said.
A woman followed in a New York apartment, killed
A woman was stabbed to death in her lower Manhattan apartment by a man who followed her from the street to her building, authorities said.
Christina Yuna Lee, 35, was found fatally injured in her bathtub around 4:30 a.m. Sunday, police said. The suspected killer was taken into custody after first trying to escape through an emergency exit and then barricading himself inside the apartment, a police spokesman said.
Police announced on Monday that Assamad Nash, 25, had been arrested for murder and burglary. Officials including New York Governor Kathy Hochul and New York City Mayor Eric Adams have denounced Lee’s murder as the latest in a series of unprovoked attacks on people of Asian descent.
Mayoral candidate emerges unscathed from gun attack
A Democratic candidate for mayor of Kentucky’s largest city said he was “shaken but safe” after a suspect stormed his campaign headquarters on Monday morning and shot him at point-blank range.
Louisville mayoral candidate Craig Greenberg said he was at his campaign office with four colleagues when a man appeared in the doorway with a gun.
“When we greeted him, he pulled out a gun, aimed directly at me and started shooting,” Greenberg told a news conference several hours after the shocking attack. The person closest to the door managed to close the door, he said. Staff members barricaded the door and the suspect fled, he said.
Judge drops Palin’s lawsuit against the NY Times
A judge on Monday said he would dismiss a libel suit brought by former Alaska Governor Sarah Palin against The New York Times, saying the newspaper damaged her reputation with an editorial that falsely linked her rhetoric of campaign to a mass shooting.
U.S. District Judge Jed Rakoff delivered the decision with a jury still deliberating at a trial in New York where the former Alaska governor and running mate testified last week. The judge said Palin failed to show that The Times acted maliciously, which is required in defamation suits involving public figures. But he let jury deliberations continue in case his decision was overturned on appeal.
In the 2017 op-ed, the Times wrote that prior to the 2011 mass shooting in Arizona that critically injured former U.S. Representative Gabby Giffords and killed six others, Palin’s Political Action Committee had helped to an atmosphere of violence by circulating a map of electoral precincts that put Giffords and 19 other Democrats under a stylized crosshair.
Navy engineer pleads spy case
A Navy nuclear engineer pleaded guilty on Monday to passing information about US nuclear-powered warships to someone he thought was a foreign government official but was actually an undercover agent of the FBI.
Jonathan Toebbe, 43, pleaded guilty in federal court in Martinsburg, West Virginia to a single count of conspiring to release restricted data. The sentencing range agreed by the lawyers provides for a potential sentence of between around 12 and 17 years in prison.
Toebbe and his wife, Diana, were arrested last October after prosecutors said he abused his access to top-secret government information and repeatedly sold details of design elements and performance features. Virginia-class submarines.
Mexican president sees conspiracy in avocado ban
Mexico’s president said on Monday that the US suspension of avocado imports and recent environmental complaints were part of a plot against his country by political or economic interests.
President Andrs Manuel Lpez Obrador has advanced the conspiracy theory after the US suspended imports of Mexican avocados on the eve of the Super Bowl following a threat against a US factory safety inspector in Mexico .
In fact, the US move was prompted by years of fear that drug cartel violence in Mexico’s western state of Michoacan – where gangs extort money from avocado growers by threatening to kidnap and kill them – turned into threats against American inspectors.