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  • Writer's pictureBy The Financial District

Ex-Trump Exec: Eric Trump Ordered Property Values Inflated

Former Trump Organization comptroller Jeff McConney admitted in open court that Eric Trump directed him to make certain decisions that led to the inflated valuations of several Trump properties, Lauren del Valle and Kara Scannell reported for CNN.


Internal Trump Org. spreadsheets shown in court had notations by McConney that say Eric Trump directed McConney in phone conversations about certain property valuations that would later appear on the financial statements the judge ruled fraudulent. I Photo: Gage Skidmore Flickr



McConney, also a co-defendant of former President Donald Trump, Eric Trump, and Donald Trump Jr., testified as the first week of the civil fraud trial came to an end.


Internal Trump Org. spreadsheets shown in court Friday had notations by McConney that say Eric Trump directed McConney in phone conversations about certain property valuations that would later appear on the financial statements the judge, in this case, has ruled fraudulent.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

McConney testified that in those phone calls, Eric Trump directed him to factor certain things into the calculations that ultimately led to what the New York attorney general says are inflated valuations of properties including Seven Springs and the Trump National Golf Club Westchester.


Business: Business men in suite and tie in a work meeting in the office located in the financial district.

The testimony came at the end of a dramatic week in New York. The former president attended the trial for three days, turning the trial into a media circus. He was also issued a gag order after making false allegations about one of Judge Arthur Engoron’s clerks.




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