- September 24, 2020
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President Trump to experience a lawsuit filed by Mary Trump
US President Donald Trump’s niece Mary Trump has filed a lawsuit on Thursday. She claimed the president cheated her out of tens of millions of dollars while pushing her out of the family’s real estate business. Mary alleged President Trump in a New York City state court along with his brother and sister. She alleged Donald Trump that he secretly took her share of the family’s real estate holdings while claiming to be her protectors. Mary allegedly claimed and said, “Fraud was not just the family business. It was a way of life”. The lawsuit came after Mary Trump released her book, Too Much and Never Enough: How My Family Created the World’s Most Dangerous Man, over the summer.
The filed lawsuit alleged that the US President (his brother Robert Trump and sister Maryanne Trump Barry) devalued the interests that their niece inherited from her father and grandfather, which included a share of hundreds of New York apartments. She alleged that they pressured her to accept a settlement that relinquished those interests in the Trump businesses while providing fraudulent accounting that misrepresented the value of the estate at $30mn or less. The lawsuit pointed out and said, “In reality, Mary’s interests were worth tens of millions of dollars more than what defendants represented to her and what she received”.
It is noteworthy that the legal team of President Trump would not disclose how much she received in the payout. But, lawyer Roberta Kaplan informed the AP that she lives at a level miles away from the luxury her aunts and uncles enjoy. The lawsuit alleged the fraud was particularly egregious because she was targeted by the President and his siblings because they disliked her. She said in a statement, “Recently, I learned that rather than protecting me, they instead betrayed me by working together in secret to steal from me, by telling lie after lie about the value of what I had inherited, and by conning me into giving everything away for a fraction of its true value. I am bringing this case to hold them accountable and to recover what is rightfully mine”.