Trump Civil Fraud Trial Focuses on Mar-a-Lago Valuation

Real Estate Broker to Testify Property Could be Worth $1 Billion to Ultra-Billionaires

Former President Donald Trump's civil fraud trial is ongoing, with a focus on the valuation of his Mar-a-Lago property.
Real estate broker Lawrence Moens is set to testify on Trump's behalf, arguing that the property could be worth up to $1 billion to ultra-billionaires like Elon Musk and Bill Gates.
New York Attorney General Letitia James alleges that Trump inflated the value of his properties to trick banks into giving him better interest rates.
The trial judge, New York Supreme Court Justice Arthur Engoron, has previously ruled that Trump's net-worth statements were fraudulent.
The trial is set to determine whether the over-valuations of Mar-a-Lago and other Trump properties fit the legal definition of fraud under New York criminal law, and if so, how much money Trump owes back to the state.