Trump received payment in gold bars transported to his apartment, among revelations in new book

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Former president donald trump had curious business practices and one of them involved receiving payment in gold bars, according to excerpts from a book that has yet to be launched, according to CNN.

Trump has already received part of the rent from the General Motors Building parking lot in Manhattan, which he bought in 1998, in the form of gold bricks sent in a box, the New York Times reporter said. Maggie Haberman said in the book, “Confidence Man: The Making of Donald Trump and the Breaking of America,” CNN reported.

The book is due out on October 4.

Although Trump was initially unsure what he would do with the gold bars, he later told his former security guard Matt Calamari, who later became the chief operating officer of the Trump Organization, to get the bars up to his Trump Tower apartment, Haberman reportedly said in the book.

See also: Trump-linked SPAC faces another setback as private investors withdraw $138.5m pledge: Is the deal in jeopardy?

The book also revealed that Trump once borrowed several million dollars from the executive of the Trump Organization. George Ross, indicating that it was to “cover a situation that was resolved very quickly” and not for staff costs, the report said.

When Malcolm Forbes, the deceased owner of Forbes, was preparing to report that the former president was dramatically inflating his net worth in front of the public, Trump threatened him to go public with rumors that Forbes was gay, Haberman’s book reveals, according to CNN.

When Trump’s hotel and casino company was arrested by the SEC for falsifying an earnings statement, attorneys then blamed company officials, CNN noted. Haberman’s new book, citing Alan Marcusa former consultant to the company, however, said Trump personally marked up a draft of the earnings release.

Trump acknowledged that his business in New York meant he may have been dealing with the mob. “Well, you dealt, you had contractors and you don’t know if they were crowd-controlled or maybe uncontrolled,” he reportedly told Haberman.

Photo: Courtesy of Skidmore Gage on flickr

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