Legal
Eric Trump Deposition Undercut by NY Fraud Trial Witness
- Ex-president’s son disavowed role in development appraisal
- Trial witness said the testimony didn’t match his recollection
Jack Weisselberg
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
A real estate executive contradicted Eric Trump’s claim that he had no role in appraisals of a luxury golf development at the center of a civil fraud trial, where the state of New York alleges he and his father, Donald Trump, inflated asset values to get better loan terms.
David McArdle, a senior managing director at Cushman & Wakefield, spent most of Thursday in a Manhattan court reviewing numerous emails between Eric Trump and attorney Sheri Dillon discussing the valuation of a Trump property known as Seven Springs in Westchester County, north of New York City. It’s one of several Trump assets Attorney General Letitia James alleges were inflated by hundreds of millions of dollars a year.