Donald Trump is expected to return Wednesday to the civil fraud trial that imperils his real estate empire.
On Tuesday, he watched and deplored the case as an employee and an outside appraiser testified that his company essentially put a thumb on the scale when sizing up his properties' value.
"It doesn't make sense," Larson said of the way the ex-controller reached a $287.6 million value for a prominent Trump-owned retail space in 2013. Trump says his assets were actually undervalued and maintains that disclaimers on his financial statements amounted to telling banks and other recipients to check out his numbers themselves.
In cross-examining Larson, Trump lawyer Lazaro Fields asked whether anything "prevents President Trump, as a real estate developer, from valuing his own properties."Kidder, the Trump company accountant, provided a window into Trump Organization accounting practices. In explaining a spreadsheet, she noted an entry about a $12 million loan to pay a $25 million settlement of lawsuits from former state Attorney General Eric Schneiderman and others over the now-defunct Trump University real estate seminar program.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Former President Donald Trump plans to appear at NYC civil trial again WednesdayDonald Trump is expected to return Wednesday to the civil fraud trial that imperils his real estate empire.
Les mer »
Former President Donald Trump plans to appear at NYC civil trial again WednesdayDonald Trump is expected to return Wednesday to the civil fraud trial that imperils his real estate empire.
Les mer »
Former President Donald Trump plans to appear at NYC civil trial again WednesdayDonald Trump is expected to return Wednesday to the civil fraud trial that imperils his real estate empire.
Les mer »
Donald Trump Jr. Hosting Event for Challenger to Trump-Backed CandidateThe incumbent, an Illinois congressman, said the challenger's efforts will 'divide conservatives' in the 2024 election.
Les mer »
Donald Trump to show up in NYC court for ongoing $250M civil fraud trialFormer President Donald Trump will return to Manhattan court Tuesday morning to attend the ongoing trial in New York Attorney General Letitia James’ $250 million lawsuit against him.
Les mer »
Donald Trump returns to New York for civil fraud trialDonald Trump is set to appear in New York court on Tuesday for the third week of a civil fraud trial that could dismantle pillars of the former president's business empire.
Les mer »