(AP Photo/Andrew Harnik) (Associated Press) 
 
 WASHINGTON (AP) — The Latest on President-elect Donald Trump (all times EST): 
 
 8:39 a.m. 
 
 Russian President Vladimir Putin is accusing the Obama administration of trying to undermine President-elect Donald Trump by spreading fake allegations. He added that Trump "has been with the most beautiful women in the world, so why would he need prostitutes in Moscow?" Trump has not commented on the dossier's specific claims, but has called the dossier itself "fake news" and "a complete fraud." King III said he believes "that's his intent."
– Donald Trump isn't the only person making recent claims of phony news stories. Vladimir Putin says an explosive dossier on Trump published by BuzzFeed last week, which included allegations Russia had compromising information on the president-elect, is an "obvious fake" and "nonsense," Russia's Interfax and TASS news agencies report, via Business Insider and the AP. Not only that, but any individuals behind the claims in the dossier are "worse than prostitutes," Putin said at a Tuesday press conference in Moscow. Speaking of prostitutes, Trump "has been with the most beautiful women in the world, so why would he need prostitutes in Moscow? Trump organized beauty contests. I find it hard to believe that he rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world." He further said that Russian spies "don't chase every American billionaire." Putin called Trump's win in November a "convincing victory" and added that the Obama administration is behind the "ongoing acute political struggle … whose task is to undermine the legitimacy of the president-elect." He also emphasized that he doesn't know Trump personally and so wouldn't have a motive to make moves for or against him.