"Trump Organization's Scheme: Inflating Net Worth with 'Presidential Premium'"

Evidence presented during Donald Trump's civil fraud trial in New York reveals that executives at the Trump Organization considered inflating valuations of Trump's properties, including applying a "premium for presidential property" to certain assets, after it was revealed that Trump's Manhattan triplex was smaller than claimed. The proposed valuations would have added over $144 million to Trump's estimated wealth, but the idea was ultimately scrapped. The state of New York is seeking to recover at least $250 million in "ill-gotten gains" by alleging that Trump and his company lied about property values to obtain favorable loan rates and insurance deals.