Eric Trump insisted during testimony in a New York fraud trial that his father's Mar-a-Lago resort was a private residence and not a club.
State attorney Andrew Amer questioned Donald Trump's second son for more than an hour Friday morning about the valuation of the former president's property in Palm Beach, Florida, and he testified that he was unaware that the club had been valued for tax purposes as a commercial property that was used as a social club, reported ABC News.
"It is very clear that Mar-a-Lago is not a club, it is a private residence," Trump testified. "I don't see anything wrong with that, 100 percent."
However, previous testimony and documents entered into evidence showed the property was restricted on the deed to club usage, but the ex-president overvalued the resort by listing it as something that could be sold as a private residence.
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Judge Arthur Engoron determined before the start of the trial that Mar-a-Lago was overvalued by 2,300 percent.
Amer finished his questioning by asking Trump directly about the $2 million severance agreement between the Trump Organization and former chief financial officer Allen Weisselberg.
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"Did you participate in the business agreement to enter into this business decision with Mr. Weisselberg?" Amer asked.
"Yes," Eric Trump said.
"Did your father direct you to enter into this agreement with Mr. Weisselberg?" Amer asked.
"No, he did not," Eric Trump replied. "I did this agreement with Mr. Weisselberg."
