Trump lost $40 million on his Scottish golf clubs by failing to implement a very basic financial practice, say experts

Donald Trump’s international courses have racked up huge losses and rely on loans from various Trump-owned vehicles in the United States just to stay afloat.

However, the scale of Trump’s losses may be even greater than it first appears, with experts pointing out that Trump appears to have lost tens of millions of dollars more by failing to implement a very basic financial practice.

First, some context: Trump has two golf resorts in Scotland. Continue reading.