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.

Casino-company loan forgiveness for Trump

unresolved
Promised
The public company presented its capital structure as serving growth of the casino business.Open cited record · 1 source
The record
The company structured and later forgave a loan benefiting Trump after a disclosed stock-price condition was met.Open cited record · 2 sourcesTrump received the benefit of loan forgiveness while public shareholders supplied the market capital.Open cited record · 2 sources
Who gained
  • Donald Trump
Who paid
  • Trump Hotels & Casino Resorts public shareholders
Audit finding
unresolved

The arrangement linked a personal insider benefit to public-company market performance, but the filing alone does not establish that the board's approval violated law.

Causal strength: documented mechanism