The asset values for Trump's Scottish golf courses 'don't appear to add up'

President Trump and First Lady Melania Trump.
(Image credit: ALASTAIR PIKE/AFP/Getty Images)

President Trump's Scottish golf courses are raising some eyebrows, but not because of the beauty of their design.

HuffPost reports that Trump filed financial disclosure statements that appear to misstate the value and profitability of his Turnberry and Aberdeen resorts. For example, in 2018, Trump claimed in his U.S. filing that the resorts were each worth more than $50 million. Meanwhile, he filed balance sheets with the British government covering the same time period that showed the resorts' combined debt exceeded their assets by 47.9 million British pounds, which was equivalent to $64.8 million at the time.

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Tim O'Donnell

Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.