Eric Trump said a report that he told golf writer James Dodson in 2014 that all the funding for Trump golf courses came from Russia is "categorically untrue."
"It's a recollection from some guy three years ago through a third person," Trump told the New York Post.
In an interview published over the weekend, Dodson recalled his time golfing with the president's son at Trump National Golf Club in Charlotte, N.C.
"As we were setting off, I said, 'Eric, who's funding? I know no banks — because of the recession, the Great Recession — have touched a golf course. You know, no one's funding any kind of golf construction. It's dead in the water the last four or five years,'" Dodson said.
"He said, 'Well, we don't rely on American banks. We have all the funding we need out of Russia.' I said, 'Really?' And he said, 'Oh, yeah. We've got some guys that really, really love golf, and they're really invested in our programs. We just go there all the time.' Now that was three years ago, so it was pretty interesting."
"We own our courses free and clear," the president's son said, adding that the report was "complete garbage."
"We have zero ties to Russian investors," he continued.
The president has faced increased scrutiny over his alleged ties to Russia since U.S. intelligence communities have said Russia interfered in the 2016 presidential election.
Shortly before his inauguration, President Trump tweeted that "Russia has never tried to use leverage over me."
"I HAVE NOTHING TO DO WITH RUSSIA - NO DEALS, NO LOANS, NO NOTHING!" he wrote.