Tuesday, September 26, 2023

Funny finances case ramps up

And in one of the most brazen examples, investigators pointed out that when the Trumps were supposed to list deals with outside companies, they actually included management contracts between Trump Organization business entities.

“Money that was just flowing from one pocket to the other,” Amer said.

[...]

One particular exchange perfectly captured how Trump’s distorted sense of reality conflicts with reasonable math. At one point shortly before a lunch break, the judge’s law clerk, Allison Greenfield, probed one curious detail that came up in the real estate mogul’s testimony at a deposition earlier this year. In it, Trump tried to justify his vastly inflated real estate values by reasoning that the prices eventually went up—thereby, somehow making his past assessments accurate.

[...]

By mid-afternoon, the judge finally lost his patience with Kise's dismissive relativism, particularly after the lawyer said that "these vast disparities are normal in this process… that's the nature of this business. This is how money is made and lost, and this is why people like Donald Trump have been successful.”

The judge gently banged on his desk as he said, exasperated: "You cannot make false statements and use them in business. That's what this statute prohibits, and that's the allegation!"

This is the last big fight expected before a trial that’s set to start on Oct. 2.

[...]

Both sides are simultaneously engaging in a fight in the state’s appellate courts over the scheduled start of the trial. Last week, Trump’s team took the unusual step of suing the judge directly, an attempt to force him to make key decisions about the statute of limitations—a bid that could delay the trial if the First Department appeals court takes longer than a few days.

But the move was widely seen as premature—and stupid.

  Daily Beast
...but hey, do what you want...you will anyway.

UPDATE :



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