Prosecutors in Trump's fraud trial allege that he submitted false statements from 2012 to 2016, claiming that his penthouse in New York was 30,000 square feet when it was actually just under 11,000 square feet. This overvaluation resulted in an overestimation of the property's worth by $114 million to $207 million. The trial is currently ongoing, and on day four, the events were recapped. Additionally, the former CFO of the Trump Organization, Allen Weisselberg, testified that he knew the actual size of Trump's penthouse was 10,000 square feet, not 30,000 square feet as stated in financial statements. This testimony supports the prosecution's claim of false statements. The trial has raised questions about whether Trump lied about the size of his penthouse.
Trump lied. [On Wednesday, James' civil fraud trial against the Trump Organization heard evidence from Allen Weisselberg, the Trump Organization's former chief financial officer, who said Trump's apartment in Trump Tower measured some 10,000 sq feet ( 929 sq m)—not 30,000 sq… https://t.co/kuhb06ptpE
Did Trump lie about his NY penthouse being 30,000 feet?
Ex-Trump Org CFO Knew Size Of Trump’s Penthouse Was Inflated, He Testifies https://t.co/GQzZf98aVI https://t.co/YGtUAah2Ym
Ex-Trump Org. CFO Allen Weisselberg says he knew Trump's apartment size was inflated: Weisselberg said he was aware that Trump's Trump Tower apartment was 10,000 square feet — not the 30,000 square feet used to determine its value on financial statements. @NBCNews
Trump's NY penthouse is objectively 10,000 square feet. Trump claimed it was 30,000 feet in his SFC. Explain how this was not a lie. [Trump valued his triplex apartment at $327 million in 2015 and 2016 financial statements, based on claims it was 30,000 square feet in size.… https://t.co/XeQj4LdiMD
Prosecutors say Trump submitted statements from 2012 to 2016 falsely claiming the penthouse was 30,000 square feet, when it really was just under 11,000, an overvaluation of between $114 million to $207 million. We recap day four of Trump's fraud trial: https://t.co/mdXEWYj4qb https://t.co/3vcP4UOZLZ
Prosecutors say Trump submitted statements from 2012 to 2016 falsely claiming the penthouse was 30,000 square feet, when it really was just under 11,000, an overvaluation of between $114 million to $207 million. We recap day four of Trump's fraud trial: https://t.co/aTFTg6I9Ap https://t.co/b28KWoX9Gb