Trump’s next legal chal­lenge could be about his Chica­go sky­scraper

An eight-fig­ure loan involv­ing for­mer Pres­i­dent Don­ald Trump, a finan­cial firm, and his Chica­go sky­scraper may lead to his next legal chal­lenge after a court-appoint­ed mon­i­tor point­ed out that the loan may be fake, and legal experts believe it could be a form of tax eva­sion.
Last week, dur­ing Trump’s civ­il fraud tri­al, retired judge Bar­bara Jones sub­mit­ted a report to the court not­ing that she found defi­cien­cies in the Trump Orga­ni­za­tion mate­ri­als she reviewed. Jones was appoint­ed to over­see the organization’s finan­cial activ­i­ties and state­ments after New York Attor­ney Gen­er­al Leti­tia James sued the for­mer pres­i­dent and his com­pa­ny for fraud in Novem­ber 2022.

Trump Inter­na­tion­al Hotel and Tow­er is seen in Chica­go. | (AP Photo/Kiichiro Sato)

Among the defi­cien­cies Jones found includ­ed a $48 mil­lion loan that Trump record­ed between him­self and Chica­go Unit Acqui­si­tion, a com­pa­ny he owns. The eight-fig­ure loan, which he list­ed as being worth more than $50 m …