Personality

Ivankagate

Published: 12. 4. 2022
Author: Silvia Mária Petrovitsová
Photo: Photo Shutterstock.com, Trump Organization, Ivanka Trump - Instagram
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Ivana Marie (40) is the daughter of former Czechoslovakian skier and model, Ivana, and ex-president, Donald Trump. She made her way into the history books as the “first daughter” of America. She is one of the most influential women in the US, but it seems like she is in for tough times due to the multiple cases being built against her. These relate not just to the machinations of the Trump Organization empire. The latest one saw her testifying about the Capitol attack. Could this all just be a political “witch hunt”?

An educated woman, fashion icon, successful businesswoman, as well as an ambitious politician with Czech ancestry. She draws the attention of the media and the public alike. Several of her best-selling books provide advice on how to become successful in life. She first got into politics during her father's 2016 election campaign, playing a key role in his administration. Her influence has not waned even after she was forced to leave the National Security Council, quite the opposite. She did not see eye to eye on media or migration policy with her father, the President. Despite often being a victim of the tabloids herself, she sided with the media as well as the migrants. What is she facing today and how is her life?

Family empire

Ivanka is still managing the Trump Organization empire alongside her siblings today, it includes around 500 different businesses owned by Donald Trump. She and her brothers, Donald Jr. and Eric, are acting as executive vice presidents. The empire with almost a hundred-year track record is currently in dire straits. Ever since the election, the Trump family has been facing allegations that they used the presidential role to further their own business interests. Trump Organization has interests in real estate, investing, trading companies, and property management. It has business in the development of residential real estate, hotels, and golf courses. The Trumps also have a stake in casinos, transportation, retail, publishing houses, financial services, and food and drink manufacturing.

Fraud or facade?

The Trump family is now facing lawsuits for fraudulent business practices. The charges relate to the five-year period leading up to Trump's presidency when he was in charge of the family business alongside his children. New York Attorney General, Letitia James, alleges that they misstated the value of their properties. Washington Post writes that the Trumps valued a Wall Street administrative building at $527M to their creditors, including Deutsche Bank, while the value reported for tax purposes was $16.7M. The New York Attorney General has stated that the investigation into the former US President's family business has unearthed evidence of fraudulent asset valuation. This inconsistency is not enough to support a lawsuit on its own, however. Evidence supporting fraudulent intent to obtain economic gain needs to be presented. Letitia James has submitted a court filing for the Trump family to hand over the pertinent documentation and explain the circumstances surrounding the valuation of their Manhattan properties.

Lawsuits and more lawsuits

Ex-President, Donald Trump, is suing the Attorney General for violating his constitutional rights and for political harassment. He is trying to make sure that he is not investigated by a Democratic attorney general. Trump's lawyers cite in their lawsuit that, “Her mission is guided solely by political animus and a desire to harass, intimidate, and retaliate against a private citizen who she views as a political opponent.” Letitia James ran for the New York Governor's office for the Democratic Party, but she withdrew from the running just before Trump's lawsuit. She is now vying for re-election as attorney general in order to “finish what she started”. The New York District Attorney's office is also investigating Trump Organization. It has put forth allegations of concealed bonuses paid out to high management. Allen Weisselberg, CFO of the empire, has been charged in this matter. They are also under investigation for potential financial misdeeds and insurance fraud by the Manhattan District Attorney.

Capitol attack

As Congress was getting ready to ratify Joe Biden's presidential victory, Trump's supporters assaulted the Capitol. Ivanka, who acknowledged her father's defeat in the election, has been called to testify in the case of the attack by a House of Representatives committee. The committee is particularly interested in what Ivanka knows about her father's attempts to force Vice President, Mike Pence, into challenging the election results.

What's next...

Ivanka has withdrawn from public scrutiny into a life of luxury in Florida. There, she purchased a $24M mansion with six bedrooms, eight bathrooms, and a built-in wellness area. What are her plans going forward? According to Washington Post, she has two options: remain part of her father's business, or run for the Florida Senate seat. That being a Republican state loyal to her family. One such Republican even posted: “First female US President – Ivanka 2024” on social media. Well, who knows.

Modeling and politics

Besides her educational success at University of Pennsylvania, Ivanka has got a fair share of experience in modeling. She walked the catwalk wearing brands such as Tommy Hilfiger, Thierry Mugler, or Versace. She built several of her own companies but later gave up on fashion due to her White House duties in 2018. Alongside her husband, Jared Kushner, she was part of the presidential team of advisors. Her husband was in charge of a state visit to Israel as well as relations with Mexico and China. Trump's impulsive order to attack a Syrian airforce base in April 2017 is rumored to have happened on Jared's watch. Ivanka owns several properties throughout the US. She currently resides in Florida with her husband and three children. That is where she engages in charity work, among other things.

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