Trump Inflating Scottish Golf Resorts' Value By $165 Million, Per UK Filings

President Donald Trump walks off the 4th green while playing at Turnberry golf club in Turnberry, Scotland, on July 14, 2018. Peter Morrison/ASSOCIATED PRESS WASHINGTON ― President Donald Trump has filed financial disclosure statements that appear to misstate the value and profitability of his Scotland golf courses by $165 million, possibly violating federal laws that are punishable by jail time. His 2018 “public financial disclosure” filed with the U.S. Office of Government Ethics also claims those two resorts earned him “income” of $23.8 million. On May 16, 2016, for example, then-candidate Trump also claimed on his financial disclosure forms that the two Scotland resorts were worth more than $100 million, even though he filed papers with Companies House on Dec. 31, 2015, acknowledging that the courses had a combined value of negative $32.1 million. “Republicans should now acknowledge that assumption was false.” Fergus Cullen, a former chairman of the New Hampshire Republican Party and a Trump critic, said he doubts Trump’s loyal supporters will care whether Trump is really as rich as he says or, frankly, whether he broke the law by falsifying his financial disclosure statement.