The ongoing fraud trial against the Trump Organization has revealed that its executives allegedly considered inflating the value of Trump’s properties using his presidential status. However, these premiums were not included in the final financial statements.
The trial centers around accusations that Trump and his business associates fraudulently inflated assets, including the value of Mar-a-Lago and Trump’s Manhattan triplex, for financial gain.
The trial will determine whether the fraud was intentional and if additional penalties should be imposed. Despite Trump’s denial of the allegations, the trial will continue until mid-December, with Trump and his sons expected to testify. The cancellation of Trump’s business certificates has been put on hold pending appeal.
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