Trump Castle agrees to penalty for loan from developer's father
Reporting cited here
- documented
Fred Trump purchased casino chips and did not gamble them, supplying cash to Trump's Castle.
Casino Control Commission settlement and chip-purchase transactionTrump's Castle family chip transaction: The record · The record
- documented
The transaction benefited Trump's controlled casino and came from his father.
Casino Control Commission settlement and chip-purchase transactionTrump's Castle family chip transaction: The record · The record
- documented
A regulatory settlement documents a family transaction used to prop up the casino outside ordinary disclosed financing channels.
Casino Control Commission settlement and chip-purchase transactionTrump's Castle family chip transaction: Audit finding · Cited analysis
- reported
The settlement concerned casino-finance rules and is not described as a criminal conviction of Donald Trump.
Casino Control Commission settlement and chip-purchase transactionTrump's Castle family chip transaction: Evidentiary limit · Evidentiary limit
- documented
New Jersey regulators classified the transaction as an improper loan and approved a civil penalty.
Casino Control Commission settlement and chip-purchase transaction