Trump's 40 Wall Street: No U.S. Address Has Seen More Unregistered Brokerages Who Irk Investors

Love him or hate him, there is little doubt that Donald Trump's Manhattan properties are stunning and heavily sought after by the wealthy and famous. However, in the case of Trump's property located at 40 Wall Street, it seems to attract shady characters that irk investors.

According to Bloomberg, the 40 Wall Street property, located a stone's throw away from the New York Stock Exchange, is home to more unregistered brokerages that investors complain about than any other building.

In fact, since Trump acquired the iconic 40 Wall Street property in 1995, 29 tenants connected to 12 alleged scams have ties to the building, while nine firms have faced serious regulatory claims.

Related Link: Trump At A $40 Million Cash Disadvantage Versus Clinton

Bloomberg noted that at one point in 2010, a brokerage firm on the 35th floor was helping another firm on the 38th floor with a penny-stock scam. A brokerage firm on the 17th floor was involved in another but unrelated fraud, and a bond-trading firm on the 42nd floor was bribing a government official from Venezuela.

Current executives and tenants at 40 Wall Street include a 29-year old millionaire who made his fortune lending money to penny-stock companies. Another tenant is fighting criminal fraud charges.