Public Records Contradict Claim Trump Used Russian Financing to Purchase Golf Course
Golf Journalist James Dodson’s allegation that President Trump’s son Eric told him in 2013 that the purchase of what would become Trump National Golf Club in Mooresville, North Carolina, was financed with Russian money has been exposed as a lie, public records show.
The Charlotte Observer reported that public records show that no loan was taken out to purchase the land, and no loan taken out since purchase has been from foreign lenders:
Public records show the entity that owns the Mooresville course has used financing from various lenders over the years. Those records don’t indicate any foreign investment sources, and the loans do not appear to have been for the original purchase. No loan amounts were given. . . .
Records show the Mooresville course receiving financing starting in July 2012 — after the purchase — and continuing through 2016. The collateral for the financing includes “equipment leased and proceeds,” according to public filings. One of the financial firms is a unit of Wells Fargo, which said Monday it could not comment on client relationships.

