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TexasTowelie

(112,125 posts)
Tue Mar 9, 2021, 06:42 AM Mar 2021

Claimed value of sleepy NY estate could come to haunt Trump

NEW YORK (AP) — It’s sleepy by Donald Trump’s standards, but the former president's century-old estate in New York's Westchester County could end up being one of his bigger legal nightmares.

Seven Springs, a 213-acre swath of nature surrounding a Georgian-style mansion, is a subject of two state investigations: a criminal probe by Manhattan District Attorney Cyrus Vance Jr. and a civil inquiry by New York Attorney General Letitia James.

Both investigations focus on whether Trump manipulated the property's value to reap greater tax benefits from an environmental conservation arrangement he made at the end of 2015, while running for president.

Purchased by Trump in 1995 for $7.5 million, Seven Springs drew renewed scrutiny as he prepared to leave office and was on the cusp of losing legal protections he had as president. Vance issued new subpoenas in mid-December, and a judge ordered evidence to be turned over to James' office nine days after Trump departed Washington.

Read more: https://www.joplinglobe.com/region/claimed-value-of-sleepy-ny-estate-could-come-to-haunt-trump/article_07708eaa-a077-568d-808e-acf3d5041ef3.html

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Claimed value of sleepy NY estate could come to haunt Trump (Original Post) TexasTowelie Mar 2021 OP
213 acres for the polluter-in-chief bucolic_frolic Mar 2021 #1
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