Since taking office, President Trump has stepped away from running his business empire. But in Florida, a federal judge has handed a legal defeat to the organization that bears his name. He ruled that Trump National Jupiter Golf Club must refund members nearly $6 million.
It's a case that began in 2012 when Trump bought the struggling golf club from Marriott Vacations Worldwide. He paid just $5 million, a bargain price. But as part of the deal, he had to assume some $50 million in debt, money owed to members who put down refundable deposits and now wanted out of the club.