Donald Trump Had Losses of $900 Million in 2009 and 2010, Jury Told

An accountant who handled the tax returns of some Trump Organization executives told a jury that Donald Trump reported a total of about $900 million in operating losses over two years.

Donald Bender of Mazars USA LLP -- who prepared Trump’s tax returns for years and helped prepare returns for former Trump Organization’s chief financial officer Allen Weisselberg -- was the first defense witness in the tax fraud trial of two of the former president’s companies, Trump Payroll Corp. and Trump Corp.

With the trial entering its fourth week in state court in Manhattan, prosecutor Susan Hoffinger asked Bender during cross-examination whether he remembered Trump reporting losses in some years.

“Do you recall in 2010 that Donald Trump had almost $200 million in losses?” she asked.

“Yes,” Bender said.

“And in 2009, did Donald Trump have almost $700 million in losses?” she asked.

“That sounds about right,” Bender said.

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