Mueller Team Says Paul Manafort's Trump Tower Condo Isn't Worth As Much As He Claims - News Summed Up

Mueller Team Says Paul Manafort's Trump Tower Condo Isn't Worth As Much As He Claims


Here’s one anyway: Prosecutors working for Robert Mueller say a Trump Tower condo owned by Trump’s former campaign manager, Paul Manafort, isn’t worth nearly as much as Manafort claims. In a court filing on Saturday, Manafort offered up a Trump Tower condo with an “approximate net asset value” of $3 million as collateral in a $12 million bail package he proposes to get himself off house arrest as he awaits trial. But Mueller’s team thinks Manafort’s numbers are off. Prosecutors say the defense team is greatly overestimating the value of a condo in the Manhattan building named after the president, and aren’t even sure Manafort has any equity in his Trump Tower property. “Meanwhile, the government has searched open source real estate value estimators and found one that lists the value of Manafort’s own unit as $2.5 million, and another that lists the value as $2.7 million.”


Source: Huffington Post November 06, 2017 13:18 UTC



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