Misrepresented....

NY AG: Trump misrepresented that his Manhattan apartment was worth more than $300 million

From CNN

During a news conference announcing her civil fraud lawsuit against former President Donald Trump and his organization, New York Attorney General Letitia James said that Trump inflated the square footage of his Trump Tower triplex apartment in order to misrepresent the value at over $300 million.

"Mr. Trump represented that his apartments spanned more than 30,000 square feet, which was the basis for valuing the apartment. In reality, the apartment had an area of less than 11,000 square feet, something that Mr. Trump was well aware of," James said.

She added: "Based on that inflated square footage, the value of the apartment in 2015, in 2016, was $327 million. To this date, no apartment in New York City has ever sold for close to that amount."

"Tripling the size of the apartment for purposes of the valuation was intentional and deliberate fraud, not an honest mistake," James said.