Trial attorney Michael Popok suggested that the true worth of Trump's properties can easily be confirmed by independent appraisers.
Donald Trump's alleged fraudulent valuation of his properties, including his Mar-a-Lago estate in Florida, has been scrutinized by legal experts as New York Attorney General Letitia James moves to have her upcoming civil lawsuit against the former president decided by a judge.that he inflated or undervalued the value of a number of assets for financial perks between 2011 and 2021.
Former U.S. President Donald Trump's Mar-a-Lago estate in Palm Beach, Florida, is seen on September 14, 2022. Trump's alleged fraudulent valuation of his properties has been scrutinized by legal experts.Speaking on the MeidasTouch Network podcast, trial attorney and strategist Michael Popok suggested that a judge could rule that Trump"lied" aboutand that the true figure for their worth can easily be confirmed by independent appraisers.
"If you go through all these 'trophy properties'—Mar-a-Lago, Bedminster golf course, 40 Wall Street, Trump Tower, the apartment Trump Tower—there is value, there is a number that can be established, there is a size and square footage of it," Popok added. James claims that Trump falsely valued his Mar-a-Lago resort in Florida from 2011 to 2021 at $347 million to $739 million based on the premise that it was unrestricted property and could be developed for residential use. James said during this same period, the resort was assessed by Palm Beach County as having a market value based on its restricted use as a social club as ranging between $18 million and $27.6 million.
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