Trump Taj Mahal Associates paid a $477,000 reporting-violation penalty
Reporting and findings
- documented
FinCEN's January 28, 1998 announcement states that Trump Taj Mahal Associates paid $477,000 to settle Bank Secrecy Act reporting violations dating from April 1990 through December 1991. The original announcement supports $477,000, correcting the $477,700 amount in the earlier site record.
Corrects claim:batch-200:014- Financial Crimes Enforcement Network: FinCEN Announces Penalty Against Trump Taj Mahal AssociatesOpening two paragraphs: penalty paid, amount and violation period.
- documented
Trump Media’s 2025 Form 10-K states that Donald Trump built and owned the Trump Taj Mahal before its 1991 bankruptcy.
- U.S. Securities and Exchange Commission: Annual Report on Form 10-K for the year ended December 31, 2025Risk factors: historical Trump-associated business bankruptcies, Trump Taj Mahal paragraph.
Summary and current status
Civil penalty paid; original 1998 amount corrects later $477,700 transcription
People and organizations
- Donald J. TrumpBuilt and owned the casino during the violation period
- Trump Taj MahalCasino operated by the entity that paid the penalty
Relationships in this file
- Donald J. TrumpBuilt and owned the casino during the period of reporting violationsTrump Taj Mahal
Money trail
penaltyCivil reporting penalty paid$477,000.00 - Paid by / source
- Trump Taj Mahal Associates
- Received by
- U.S. Treasury