Westchester County district lawyer's workplace investigating Trump Group golf course property taxes

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Investigators are trying on the worth Trump positioned on the property in public federal disclosure kinds in comparison with the a lot decrease worth that was negotiated with officers within the city the place the golf membership is situated, a supply confirmed to CNN.

The investigation has been ongoing for months. At the moment nobody has been charged or accused of wrongdoing. A spokesperson for the Trump Group denied any wrongdoing.

A spokesperson with Westchester District Lawyer Mimi Rocah’s workplace had no remark when contacted by CNN.

Folks conversant in the matter confirmed to CNN that investigators have subpoenaed property tax information from the City of Ossining, in addition to paperwork from the Trump Group. A spokesperson for the city wouldn’t remark.

The Trump Group and its Chief Monetary Officer Allen Weisselberg are already beneath felony indictment in Manhattan the place they’re charged with collaborating in a scheme to defraud, in addition to conspiracy, felony tax fraud and falsifying enterprise information. Former President Donald Trump was not charged. Weisselberg and the Trump Group have each pleaded not guilty.

The Manhattan District Lawyer’s Workplace continues to be investigating different Trump properties and their valuations.

In July, the Ossining city board permitted a settlement with Trump Nationwide Golf Membership LLC “correcting and lowering” the assessed worth of the corporate’s Westchester golf membership for 5 years beginning in 2016, with the ultimate assessed values for the membership starting from $9.75 million to $11 million. The city had initially assessed the membership’s worth as excessive as $15.8 million in 2018 and 2019. In a monetary disclosure type for 2021, Trump listed the worth of his Westchester Trump Nationwide Golf Membership property at “over” $50 million, and in addition acknowledged that the membership introduced in a income of about $6.3 million.

A spokesperson for the Trump Group stated in a press release to CNN that the assessed worth of its golf course was resolved by the corporate and the city collectively.

“The Membership’s request for a overview of its tax assessments was amicably resolved earlier this yr and signed off by the City Board, the City Assessor, Particular Counsel for the City (who decided the settlement to be each ‘applicable and in the perfect pursuits of the City of Ossining’), the Briarcliff Manor Faculty District, the Workplace of the Westchester County Lawyer and the Westchester County Supreme Court docket choose presiding over the matter,” the spokesperson stated. “Accordingly, the suggestion that something was inappropriate is totally false and extremely irresponsible. The witch hunt continues …”

Ossining City Supervisor Dana Levenberg wouldn’t touch upon whether or not she or different city officers have been contacted by investigators on the Westchester District Lawyer’s Workplace, however launched a press release to CNN on the settlement relating to the golf course’s assessed worth.

“We consider this settlement is in the perfect pursuits of the city’s residents and companies,” Levenberg, stated in a press release to CNN. “Either side compromised within the curiosity of reaching an settlement.”

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