Tiny Red HandsOpen ledger

America First Audit

About this audit and its evidence

Trump sold “America First.” This record traces how public money, power, and risk moved toward family businesses, donors, favored firms, and foreign governments: and what workers, ranchers, retirees, patients, veterans, and small investors were left to absorb.

Reversal ledger

Oldest to latest by event date. Each stop is one dated case.

Public company acquisition of the Taj Mahal

unresolved
Promised
The public company offered investors participation in Trump-branded casino operations.Open cited record · 1 source
The record
The company acquired the Taj Mahal from Trump-controlled interests in a related-party transaction.Open cited record · 3 sourcesPublic shareholders became exposed to the acquired property's operating and debt risks while Trump received the negotiated consideration.Open cited record · 2 sources
Who gained
  • Trump-controlled Taj Mahal interests
Who paid
  • Trump Hotels & Casino Resorts public shareholders
Audit finding
unresolved

The transaction transferred a Trump-controlled asset and its risks to a public company he controlled; fairness depends on the disclosed terms and cannot be inferred from ownership alone.

Causal strength: documented mechanism