Lawrence Moens, a witness in Donald Trump’s civil fraud trial brought by New York Attorney General Letitia James, says Trump’s Mar-a-Lago estate is worth at least a billion dollars. Democrat-linked Judge Arthur Engoron and his partisan aide Allison Greenfield had valued it at just $18 million.
“It’s something breathtaking. It’s something amazing to see,” Moens told the court on Tuesday.
Far from having overvalued the property in loan applications, Moens believes Trump significantly undervalued it. This is in line with Trump’s own contention that the numbers he submitted excluded his personal brand value.
Moens put Mar-a-Lago’s value in 2011 at ~$655 million, compared to a Trump valuation of ~$426 million. Moens put Mar-a-Lago’s value in 2021 at over a billion dollars, compared to a Trump valuation of ~$612 million.During a moment when he sent Moens out of the courtroom, Engoron claimed that whether or not Trump overvalued his properties was “not the […]
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