Trump Trial Exposes Inflated Property Values, Fake Mansions, and Memory Loss Claims

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Source: CNN
Trump Trial Exposes Inflated Property Values, Fake Mansions, and Memory Loss Claims
Photo: CNN
TL;DR Summary

The former controller of the Trump Organization, Jeff McConney, testified in a civil fraud trial that Eric Trump directed him to inflate the valuations of several Trump properties. Internal spreadsheets shown in court revealed notations by McConney indicating that Eric Trump instructed him in phone conversations about property valuations that later appeared on fraudulent financial statements. McConney testified that Eric Trump directed him to factor certain elements into the calculations, leading to inflated valuations of properties such as Seven Springs and the Trump National Golf Club Westchester. The trial has been marked by chaos, with former President Donald Trump attending and receiving a gag order after making false allegations. Allen Weisselberg, Trump's former CFO, is expected to testify when the trial resumes.

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