Mar-a-Lago was listed among the ruling on Tuesday that found Trump and his sons liable of fraud for overvaluing the ex-president's real estate properties.
—have rushed to defend the value of the ex-president's Mar-a-Lago estate in light of the New York court ruling that found the three Trumps liable of fraud.that Trump and his sons, alongside The Trump Organization and several other business entities associated with the former president, committed fraud by repeatedly inflating the value of many of Trump's real estate assets.
Among the list of properties included in Engoron's ruling was Mar-a-Lago, the ex-president's home in Palm Beach, Florida, as well as the Trump Park Avenue residential building in New York City. According to the judge, Trump consistently overvalued the properties on his financial statements, including once inflating Mar-a-Lago by at least 2,300 percent of its actual worth.
From left to right, former President Donald Trump and his sons, Donald Trump Jr. and Eric Trump, are pictured at Trump National Golf Club Bedminster in New Jersey on July 31, 2022. Trump and his sons blasted the New York judge's decision on Tuesday that found them liable of fraud.Eric Trump took to social media to denounce Engoron's ruling, arguing that the judge's valuation of Mar-a-Lago is nowhere close to the estate's actual worth.
"In an attempt to destroy my father and kick him out of New York, a Judge just ruled that Mar-a-Lago, in Palm Beach Florida, is only worth approximate [sic] '$18 Million dollars' ... Mar-a-Lago is speculated to be worth we'll [sic] over a billion dollars making it arguably the most valuable residential property in the country. It is all so corrupt and coordinated," Eric Trump
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