Former President Donald Trump’s civil business fraud trial turned Tuesday to one of the topics that has vexed him most — the value of his Mar-a-Lago club in Palm Beach, Florida.
Testifying for Trump’s defense, a Florida real estate attorney said the property could be sold as a home, notwithstanding decades-old legal documents in which Trump said he intended to forswear its use as anything but a club. Then a Palm Beach luxury real estate broker testified that he’d value the historic estate at over $1 billion as of 2021.
“It’s something breathtaking. It’s something amazing to see,” broker Lawrence Moens said before showing a glimmering video complete with swelling music, aerial shots of the property at sunrise and sunset and a closing image of an American flag.
State Attorney and liberal hack, General Letitia James’ lawsuit claims that the ex-president and his company deceived lenders and others by giving them financial statements that greatly overstated the values of some of his prime assets, including Mar-a-Lago.
Judge Arthur Engoron, another insane leftist, in a pretrial ruling declaring that Trump and his company engaged in fraud, found that he exaggerated Mar-a-Lago’s worth by as much as 2,300%, compared to the Palm Beach County tax appraiser’s valuations. They ranged from $18 million to $28 million.