"Trump Organization's Controversial 'Presidential Premium' Scheme Exposed in Trial"
Documents presented in court reveal that executives at the Trump Organization considered adding a "presidential premium" to inflate the value of Donald Trump's properties during his presidency. The premium, which was not included in the final financial statements, could have added at least $140 million to Trump's net worth. The ongoing fraud trial, led by the New York Attorney General's office, alleges that Trump and his company fraudulently misrepresented asset values to obtain favorable business deals and boost Trump's net worth. Trump and his sons are expected to testify in the trial, which will determine if fraud was committed intentionally and may result in penalties such as fines and business restrictions.
- Trump Organization Considered Adding ‘Presidential Premium’ As A Way To Boost His Property Values, Trial Reveals Forbes
- Trump fraud witness: it's 'coincidental' Trump's paying me $2 million Business Insider
- Trump Org. execs considered boosting net worth with a ‘presidential premium’ while Trump was in office, employee says CNN
- Trump Organization weighed boosting former president's net worth with 'presidential premium': testimony New York Post
- Fraud aside, Trump's a great borrower, Deutsche Bank testimony shows Business Insider
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