Our suit against Donald Trump and the Trump Org alleges a years-long financial fraud scheme. Here’s how Trump generated false and misleading values on his annual financial statements, which were then used to pay lower taxes, guarantee loans, and get better insurance rates:
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➡️Using objectively false numbers to calculate property values. For example, Trump's apartment in Trump Tower is 10,996 square feet. Yet, he said it was 30,000 square feet to value it at $327 million. A New York City apartment had never sold for that much.