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October 3, 2023
Trump On Trial Over Accusations of Inflating the Value of Mar-a-Lago
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Crossroads
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Former President Donald Trump is standing trial yet again. This time it’s in a civil case in New York City, where he’s accused of inflating the value of his real estate empire. A week before the trial began, Judge Arthur Engoron ruled that Trump, his children, and his company deceived banks, insurers, and others by exaggerating his net worth.
Trump had called out the determination early on. In order to come to the conclusion, he says the judge put the value of Mar-a-Lago at $18 million. Trump claims otherwise, and alleges that if anything, his properties may be undervalued. He argues Mar-a-Lago is worth “at least a billion, maybe $1.5 billion.”
So what’s really going on? We’ll discuss more in this episode of Crossroads.
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