“At the dawn of Donald Trump’s presidency, his family business appeared poised for a windfall: It unveiled new hotel lines, held ribbon-cuttings around the world and attracted major tournaments to its golf clubs, enough for Eric Trump, who ran the company while his father was in the White House, to remark, ‘The stars have all aligned,’” the New York Times reports.
“Five years later, those stars have faded. The former president’s company, grappling with legal and political scrutiny, has halted its expansion to concentrate on its existing properties. It even sold the Trump hotel in Washington, once the center of the MAGA universe.”
“This week will drive home that stark reversal of fortune as the company faces a highly public reckoning: a criminal trial in Manhattan, where the district attorney’s office will accuse it of tax fraud and other crimes.”
The Guardian: Trump Organization to face criminal tax fraud charges in New York court on Monday.
