Trump Sons Testify in Fraud Trial, Reveal $60 Million Golf Course Sale to Bally's
Testimony Exposes Previously Undisclosed Terms of Trump Organization's Lease Transfer Amid Ongoing Civil Fraud Trial Investigating Alleged Inflation of Trump's Net Worth.
- Donald Trump's sons, Donald Trump Jr. and Eric Trump, testified in a civil fraud trial regarding allegations of inflating the Trump Organization's net worth. They denied any involvement in their father's financial statements.
- Bally's, a gaming giant, paid $60 million to the Trump Organization for the right to operate a public golf course in New York City, as revealed during the trial.
- The golf course, initially managed by the Trump Organization from 2015 until this year, was built by the city on an old landfill site at a cost of over $120 million.
- Donald Trump Jr., during his testimony, expressed uncertainty over the net profit earned from the sale due to the many costs incurred by the Trump Organization over the years.
- The sale of the golf course lease came after a failed attempt by the city to remove any association with Donald Trump post the Jan. 6, 2021, attack on the U.S. Capitol.