Trump Family Faces Setback as Judge Calls Mar-A-Lago Value Wildly Inflated
TL;DR
Former President Donald Trump and his sons Eric and Don Jr. criticized a New York judge's ruling that they committed fraud by inflating the value of their assets, including the Mar-A-Lago estate. The judge cited an appraisal by the Palm Beach County Assessor valuing the property between $18 million and $27.6 million, while a 2023 market appraisal report by the city of Palm Beach valued it at $37 million. Trump and the defendants claim the property is worth over $1.5 billion, but Forbes estimated it at $325 million. The case heads to trial next week.
- Trump Family Insists Mar-A-Lago Worth Over $1 Billion After Judge Calls Value Wildly Inflated. Here’s What It Might Really Be Worth. Forbes
- Trump Org. tries to figure out the future of its business after fraud ruling CNN
- 'Devastating': Trump suffers potentially catastrophic loss in court; Judge 'furious' MSNBC
- Opinion | The Fraud Ruling Against Trump The New York Times
- Opinion: What is still shocking about Trump CNN
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