Moreover, for many years, Mr. Trump’s company, according to some estimates of golf clubs, Mr. Said to embody the value of Trump’s personal brand.
Mrs. Although James did not show that the company benefited from every assessment, his filing argued that the company had greatly increased its assets, which Mr.
Mrs. James’ attorneys said Mr Trump had submitted at least two false statements to the Internal Revenue Service and that he had significantly overstated the value of land on both the Seven Springs Estate in Westchester County and his Los Angeles Golf Club. Ms James said Seven Springs’ value had been raised by calculating the value of the seven non-existent mansions, valued at $ 61 million. Mr. Trump received millions of dollars in tax breaks on both assets.
Investigators have accused the Trump administration of falsely raising the size of Trump’s long-standing home and estimating the value of the Trump Tower: Mr Trump, who has been claiming 30,000 square feet of his Triplex penthouse apartment building since 2012, has signed the relevant documents. Its size is 10,996 square feet.
The extra square feet allowed the company to claim $ 327 million for the apartment in its financial statements. Alan H., the Trump organization’s longtime chief financial officer. Ms James said during Weisselberg’s investigators’ investigation, James said the $ 200 million apartment was overstated by “give or take”.
Mr. Weiselberg argued that property valuations were based on the assessment of professional appraisers. Trump lied to one of the insurance companies. In fact, the filing stated that “estimates were made by employees of the Trump organization.”
Mr. Weisselberg’s lawyer, Mary E. Mulligan declined to comment.
Mr. Trump’s company is already on trial in Manhattan. In July, former Manhattan District Attorney, Cyrus R. Vance Jr., Company and Mr. Weiselberg was charged. Implements a 15-year plan to offer books-free luxury deals For some executives. The case is set to go to trial later this year.
