"Watchdog Uncovers Fake Chicago Deal: Did Trump Evade Taxes?"

A court-appointed monitor overseeing Donald Trump’s businesses reported financial disclosures that suggest the former president evaded taxes on millions of dollars in income by hiding money in fake loan transactions. The report alleges that a major $48m loan for one of his properties in Chicago may have never actually existed, potentially allowing him to evade taxes on $48m of cancelled debt. The monitor's letter is part of a civil fraud case brought by the New York Attorney General, seeking $370m in "ill-gotten gains" and a ban on Trump and his sons from the real estate industry.