According to Mediaite, former President Donald Trump, speaking outside the courtroom where his ongoing fraud trial was underway, unleashed a vehement diatribe concerning the perceived undervaluation of his Mar-a-Lago resort. Trump vigorously contested the assessment that pegged the property at $18 million, proclaiming that its true value exceeded an astonishing $1.5 billion. Seemingly riled up by the legal proceedings, Trump launched scathing criticism at New York State Attorney General Letitia James, accusing her of influencing Judge Arthur Engoron to disregard the vast disparity between the cited valuation and his own estimate of the property’s worth.
Fueled by a sense of betrayal, Trump portrayed the attorney general’s actions as an act of public deception, asserting that her persuasive tactics led the judge to endorse the notion that Mar-a-Lago, nestled in Palm Beach, Florida, stood at a meager $18 million, which he vehemently contested. His fervent protests were couched in the portrayal of Mar-a-Lago as not just an opulent residence but an unparalleled symbol of luxury, boasting the distinction of being possibly the most valuable dwelling in the world.
Despite Trump’s vocal allegations, records suggested that the $18 million to $27 million valuation range had been established through a meticulous assessment conducted by a local government body. Notably, this valuation had received the stamp of approval from Trump’s own real estate agent as recently as 2020, hinting at potential internal disagreements about the property’s appraisal. Indeed, details surrounding the appraisal challenge suggested that it was a common contention among property owners that county appraisals often led to inflated valuations, thereby offering a more comprehensive context to the complexity of the valuation process.
She’s defrauding the public with this trial. She said that Mar-a-Lago, she convinced the judge that Mar-a-Lago was worth, in Palm Beach, Florida, most expensive land in the world. I guess and the most expensive houses definitely in the world. And Mar-a-Lago, the biggest house, the most spectacular place in all of Florida, was worth $18 million when it was worth approximately 50, close to 100 times that amount.
And based on that testimony and based on her convincing the judge that Mar-a-Lago was worth $18 million instead of a billion, to a billion-five so very easily, which we’ve already proven. But what have people come out to say that the most important people, the brokers that make the sales.
But based on that, he ruled against me. He ruled fraud. I mean, he said fraud. They are the fraudulent people because they ruled that house that was worth 18. They put down it was worth $18 million. And it’s worth maybe close to a hundred times that amount. And based on that, they ruled against me having to do with fraud, which is a big statement.
But they are the frauds because the house is worth a billion. A billion and a half, $750 million, it’s worth a fortune, most expensive house probably in the world. And they said it was worth 18 million dollars and they don’t do anything about it.