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Author: commonone 🐝 HONORARY
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Number: of 48447 
Subject: Re: Trump's "fraud" in NY
Date: 03/19/2024 9:14 PM
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albaby1 (quoting Fox "News"): "The only FRAUD in the Peekaboo James case, our failed and disgusting New York State Attorney General, was her convincing 'Judge' Arthur Engoron to put a value on Mar-a-Lago, in Palm Beach, Florida, of just $18,000,000, when it is worth 50 to 100 times that amount."

Neither Letitia James nor Judge Engoron had anything do do with assessing the value of Mar-a-Lago at $18,000,000. The property appraiser in Palm Beach County, where the estate is located, assessed the property and determined its value: $18,000,000. At a later assessment, the value was set at $28,000,000. Engoron simply cited the valuations as determined by the Palm Beach County assessor during the trial.

Those valuations were limited by Mar-a-Lago’s deed-restriction as a private club. Unlike a private home, the property’s value is determined by the amount of income it generates as a club.

Trump's own company agreed with the valuations. "The Petitioner agrees with the determination of the property appraiser or tax collector," a real estate broker representing Mar-a-Lago acknowledged at the time.


https://www.politifact.com/factchecks/2023/oct/06/...

https://www.cbsnews.com/news/trump-mar-a-lago-1-8-...
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