Trump's Castle family chip transaction: Audit finding

Reporting and findings

1. documented

   A regulatory settlement documents a family transaction used to prop up the casino outside ordinary disclosed financing channels.

   • The American Presidency Project: Remarks at Trump SoHo in New York CityOpening paragraphs describing Trump's business record
   • United Press International: Trump Castle agrees to penalty for loan from developer's fatherCasino Control Commission settlement and chip-purchase transaction
   • New Jersey Division of Gaming Enforcement: Investigation Report: Donald J. TrumpFinancial stability, casino transactions, Hyatt audit, and licensing sections