NY AG says Trump manipulated property values

NY AG Letitia James says the Trump Organization manipulated property values.

Transcript

00:00Claiming you have money that you do not have does not amount to the art of the deal,

00:07it's the art of the steal.

00:14Mr. Trump represented that his apartment spanned more than 30,000 square feet,

00:19which was the basis for valuing the apartment.

00:23In reality, the apartment had an area of less than 11,000 square feet.

00:29The club generated annual revenues of less than 25 million dollars

00:33and should have been valued at more than, valued at about 75 million dollars.

00:38However, Mar-a-Lago was valued as high as 739 million dollars.