Trump Ordered To Pay $5.77 Million To Golf Club Members He Stiffed - News Summed Up

Trump Ordered To Pay $5.77 Million To Golf Club Members He Stiffed


A Florida golf course owned by President Trump has been ordered to immediately pay $5.77 million to former members who were denied refunds when the real estate mogul bought the club five years ago. U.S. District Judge Kenneth Marra ruled that Trump National Golf Club in Jupiter violated contracts that members had signed with the previous owner and were assumed by Trump as part of his purchase deal. Under Trump rules, members waiting to leave still had to pay dues but could no longer have access to the club. Trump is suing the town of Ossining, N.Y., in an effort to lower the taxes on his golf course there. The town has valued the course at $15.1 million, but Trump insists it’s worth only $1.5 million.


Source: Huffington Post February 04, 2017 06:43 UTC



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