Trump Organization just lost

| 9:30 pm EDT August 6, 2021
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The Trump Organization has been doing a whole lot of losing lately. It’s been criminally indicted on state charges in New York, along with its CFO Allen Weisselberg. If that weren’t bad enough, now the shady company is taking another financial blow.

Chicago real estate outlet The Real Deal is reporting that an insurance company is refusing to pay the fines incurred by the Trump Organization’s Chicago property after it got caught illegally pumping water in and out of the Chicago River. So that’s a double whammy, in terms of getting busted in the first place, and in terms of not being able to get the insurance company to eat the loss.