Event Description

Donald Trump sold the Gosman property to Russian businessman Dmitry Rybolovlev approximately three years later (2008) for approximately $100 million. Trump claimed to have spent $20-30 million on renovations, allegedly to justify reduction in capital gains tax liability.

Quoted Evidence

“Three years later 08 he sells it to Ryboloolev for approx 100 million. He should have had a 50 million plus capital gain. he tells people and press he spent 20-30 m to fix up. that would justifiy a reduction in captial gains”

Trafficking Assessment