40 Wall Street is owned by the Trump Organisation and at one point was listed at a valuation of more than $527m. Though according to the office of DA Cyrus Vance that valuation probably isn’t at all accurate because just months after that occurred — officials argue that the org later changed the valuation to just roughly $16.7m. The shock allegation dates back to 2012 when it is claimed that the Trump Org ramped up its efforts to deceive officials.
Michael Cohen ‘s previous testimony has been a hot part of this case against Trump.
It was my experience that Mr. Trump inflated his total assets when it served his purposes, such as trying to be listed amongst the wealthiest people in Forbes, and deflated his assets to reduce his real estate taxes,’ Cohen said in 2019.
Trump ‘s org is also under investigation in Westchester amid claims that the DA ‘s office wants to know if he or the company misled officials about a golf course for tax cuts.
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