Read this and you see what kind of a con man he always was and how he learned it from his daddy.
synopsis: The Trumpโs owned rent-controlled building (they were slumlords). They set up a legal company to purchase HVAC systems and negotiated low prices. They didnโt alter the system in anyway or improve itโs efficiency. They turn around and sold these untouched HVAC systems to their main business and installed them in the buildings. But, they greatly inflated the price first. This โcapital improvementโ expense gave them their excuse to increase rents and ultimately increase the value of the buildings as well.
/PRNewswire/ -- Parker Waichman LLP, a national law firm, filed a class action complaint this week on behalf of over 30,000 current and over 100,000 former...
www.prnewswire.com
This was reported a little over two years ago. It came out as Donald Trumpโs sister is a federal judge. She, like all Fred Trumpโs children, was an owner of that company setup to buy the HVACs. She had to disclose her taxes and other financial information in order to be confirmed as a judge and is how this was uncovered
journals.library.columbia.edu