The most hilariously incorrect things The Washington Post found in Trump financial statements

A month after Michael Cohen testified that President Trump frequently inflated his wealth as a businessman, The Washington Post has obtained financial statements it says are full of obvious exaggerations and misstatements.
The Post on Thursday obtained some "Statements of Financial Condition" Trump provided to lenders and investors as a businessman from 2002 through 2013. Here are some of the key details from the report:
1. In one statement, Trump allegedly claimed he had 55 home lots for sale at his golf club, when in fact he only had 31 lots available. The difference is the equivalent of $72 million in future revenue, the Post says.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
2. Trump allegedly described Trump Tower as a "68 story bronze glass structure," even though Trump Tower only has 58 stories.
3. Trump reportedly claimed to own a 2,000-acre vineyard, even though the vineyard in question is only 1,200 acres.
4. Trump reportedly claimed an estate he owned was valued at $261 million, when local assessors actually valued it at about $20 million. He apparently got to this inflated number based on homes he didn't officially have approval to build.
5. Trump intentionally did not include information about two buildings he owns in one statement so that "readers can't get a full picture of how much he owes, and to whom," the Post writes.
6. Trump in on document claimed that his net worth was $8.6 billion because his "brand value" is worth $4 billion. This was not present in previous statements, the Post says.
7. The report raised questions about whether Trump may have committed fraud with these statements, with George Conway, Kellyanne Conway's husband, writing on Twitter, "people go to prison for things like this."
8. One expert told the Post, however, that disclaimers Trump's accountants provided along with statements might put him in the clear, also arguing the records being so obviously ridiculous and incorrect could actually work in Trump's favor. After all, they're so "humorous" that he wondered if anyone could have possibly believed them anyway.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
ICE arrests Palestinian advocate with green card
Speed Read Recent Columbia University graduate student Mahmoud Khalil has had his visa revoked, despite his status as a permanent resident
By Peter Weber, The Week US Published
-
Trump doesn't rule out recession as tariffs bite
Speed Read In an interview for Fox News, Trump acknowledges the economic turbulence caused by his tariffs but claims his policies will be worth it in the long run
By Peter Weber, The Week US Published
-
Mark Carney selected next Canadian prime minister
Speed Read The political novice will succeed outgoing Prime Minister Justin Trudeau
By Peter Weber, The Week US Published
-
Trump eases Mexico, Canada tariffs again as markets slide
speed read The president suspended some of the 25% tariffs he imposed on Mexican and Canadian imports
By Rafi Schwartz, The Week US Published
-
Trump tells Cabinet they are in charge of layoffs, not Musk
Speed Read The White House has faced mounting complaints about DOGE's sweeping cuts
By Peter Weber, The Week US Published
-
Rep. Sylvester Turner dies, weeks after joining House
Speed Read The former Houston mayor and longtime state legislator left behind a final message for Trump: 'Don't mess with Medicaid'
By Peter Weber, The Week US Published
-
Trump pauses Ukraine intelligence sharing
Speed Read The decision is intended to pressure Ukrainian President Volodymyr Zelenskyy into peace negotiations with Vladimir Putin
By Peter Weber, The Week US Published
-
Supreme Court rules against Trump on aid freeze
Speed Read The court rejected the president's request to freeze nearly $2 billion in payments for foreign humanitarian work
By Rafi Schwartz, The Week US Published