search
Sections List
American Journal News

Top Trump adviser may have ‘outright stole’ millions by grifting

Wilbur Ross is ‘a pathological liar,’ says a former colleague.

By Eric Boehlert - August 07, 2018
Share
Secretary of Commerce Wilbur Ross

Grifters are gonna grift. And then they go work for Trump.

A stunning new expose from Forbes magazine reveals that Trump’s Commerce Secretary Wilbur Ross has allegedly been siphoning off money from his colleagues for years.

Lots and lots of money.

“Those who’ve done business with Ross generally tell a consistent story, of a man obsessed with money and untethered to facts,” Forbes reports. “If even half of the accusations are legitimate, the current United States secretary of commerce could rank among the biggest grifters in American history.”

In that sense, he’s a perfect match for Trump, who has a long history of ripping people off while puffing up his own worth.

The emerging portrait of Ross is equally unflattering.

“Over several months, in speaking with 21 people who know Ross, Forbes uncovered a pattern: Many of those who worked directly with him claim that Ross wrongly siphoned or outright stole a few million here and a few million there, huge amounts for most but not necessarily for the commerce secretary,” the magazine reports.

“But all told, these allegations—which sparked lawsuits, reimbursements and an SEC fine—come to more than $120 million.”

Ross, who’s supposed to be overseeing Trump’s erratic and dangerous trade war, also has a history of lying about his wealth.

Last year, Forbes reported that Trump’s commerce secretary had been involved in a series of “fibs, exaggerations, omissions, fabrications and whoppers” for 13 years designed to make him look like a billionaire. On his financial disclosure forms filed with the government, Ross had to admit he is worth less than $700 million — far less than the $3.7 billion he previously claimed.

Sound familiar?

For years, Trump also lied to Forbes about his personal wealth, obsessed with getting on the magazine’s prestigious list of America’s richest people.

In 1982, after much cajoling from Trump, Forbes listed his wealth at $100 million. In truth, it was closer to $5 million at the time. The lies continued for years after that.

Later, Trump even sued journalist Tim O’Brien, who estimated that while media reports estimated Trump was worth $2.7 billion, the actual number was closer to $150-250 million. Trump’s lawsuit was unsuccessful.

As for Ross, “He’s a pathological liar,” one former colleague tells Forbes. “He’ll push the edge of truthfulness and use whatever power he has to grab assets,” adds New York financier Asher Edelman.

It appears that Ross, like Trump, is a con man.

Published with permission of The American Independent Foundation.


AJ News
Get the latest news here first.

Tai News

Newsletter
Read More
AJ News
Latest
Republican David McCormick invests millions in website that platforms Holocaust denial

Republican David McCormick invests millions in website that platforms Holocaust denial

By Jesse Valentine - February 09, 2024
Lawmakers will again take up bills expanding, tightening gun laws

Lawmakers will again take up bills expanding, tightening gun laws

By Annmarie Timmins, New Hampshire Bulletin - January 31, 2024
UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

By Ashley Murray, States Newsroom - January 24, 2024
Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

By Jesse Valentine - January 17, 2024
A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

By Bonnie Fuller - January 10, 2024
Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

By Danielle J. Brown, Maryland Matters - January 08, 2024
How GOP senate hopefuls try to excuse the  January 6 insurrection

How GOP senate hopefuls try to excuse the  January 6 insurrection

By Jesse Valentine - January 05, 2024
NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

By Ethan DeWitt, New Hampshire Bulletin - January 04, 2024
Republican US Senate candidates want to make Trump’s tax cuts permanent 

Republican US Senate candidates want to make Trump’s tax cuts permanent 

By Jesse Valentine - December 22, 2023
Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

By - December 15, 2023
Texas governor and attorney general do little to curb state’s chemical plant crisis

Texas governor and attorney general do little to curb state’s chemical plant crisis

By Jesse Valentine - December 08, 2023
Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

By Jesse Valentine - December 07, 2023
Whitmer signs specific criminal penalties for assaulting health care workers into law

Whitmer signs specific criminal penalties for assaulting health care workers into law

By Anna Liz Nichols, Michigan Advance - December 06, 2023
105 Republicans voted to expel Santos for things Trump has also done

105 Republicans voted to expel Santos for things Trump has also done

By Jesse Valentine - December 05, 2023
For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

By Jesse Valentine - December 04, 2023
Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

By Jesse Valentine - November 30, 2023
Tate Reeves took donations from power company that hiked customer rates

Tate Reeves took donations from power company that hiked customer rates

By Jesse Valentine - November 06, 2023
Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

By Jesse Valentine - November 03, 2023
Republican operatives sound every alarm on current trajectory of 2023 governor’s race

Republican operatives sound every alarm on current trajectory of 2023 governor’s race

By Adam Ganucheau, Mississippi Today - October 24, 2023
Republican Bernie Moreno opposes existence of minimum wage

Republican Bernie Moreno opposes existence of minimum wage

By Jesse Valentine - February 23, 2024
Texas Gov. Greg Abbott floats building a wall on the Oklahoma border

Texas Gov. Greg Abbott floats building a wall on the Oklahoma border

By Jesse Valentine - February 22, 2024
More than 48,600 18-year-olds are registered to vote in Ohio, a 35% increase from late August

More than 48,600 18-year-olds are registered to vote in Ohio, a 35% increase from late August

By Megan Henry, Ohio Capital Journal - February 22, 2024
Not if, but when: Parents of slain Parkland students urge Utah lawmakers to pass school safety bill

Not if, but when: Parents of slain Parkland students urge Utah lawmakers to pass school safety bill

By Kyle Dunphey, Utah News Dispatch - February 21, 2024
Key takeaways from Monday’s U.S. Senate Ohio Republican primary debate

Key takeaways from Monday’s U.S. Senate Ohio Republican primary debate

By Nick Evans, Ohio Capital Journal - February 20, 2024
Human, financial costs of gun violence are growing dramatically, health care group says

Human, financial costs of gun violence are growing dramatically, health care group says

By Marty Schladen, Ohio Capital Journal - February 20, 2024