Trump’s Trial Takes a Surprising Twist
Former President Donald Trump faced another setback in his ongoing business fraud lawsuit in New York as Judge Arthur Engoron denied his latest request for a favorable verdict. The lawsuit, led by New York Attorney General Letitia James, alleges that Trump and other company officials exaggerated his wealth and inflated asset values for financial gain.
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- Judicial Denial: Judge Engoron’s written ruling dismissed Trump’s request for a favorable verdict and questioned the credibility of one of Trump’s expert witnesses, Eli Bartov, an accounting professor at New York University.
- Criticizing Expert Witness: Engoron criticized Bartov’s testimony, stating that the professor’s defense of every misstatement led to a loss of credibility. The judge highlighted that the expert witness, despite being a tenured professor, appeared to provide testimony based on financial compensation.
- Financial Manipulation Allegations: The trial revolves around allegations that Trump and company officials manipulated financial statements to secure loans and business deals. The prosecution contends that Trump’s wealth was exaggerated, leading to fraudulently inflated values for signature assets like Trump Tower and Mar-a-Lago.
- Trump’s Defense: In response to the judge’s comments about Bartov, Trump defended the expert witness on his social media platform Truth Social, calling the remarks a “great insult.” Trump argued that challenging the fees received by Bartov was unwarranted, emphasizing the expert’s standing in his field.
- Closing Arguments: Despite these developments, closing arguments for the trial are scheduled for January 11 in Manhattan. The court proceedings have revealed conflicting perspectives on the accuracy of Trump’s financial statements.
As Trump continues to navigate the legal challenges, the outcome of this lawsuit will likely have implications for his political future and ongoing efforts to reclaim the White House. The case sheds light on the complex intersection of politics and business in Trump’s post-presidential endeavors.
Former President Donald Trump faced another setback in his ongoing business fraud lawsuit in New York as Judge Arthur Engoron denied his latest request for a favorable verdict. The lawsuit, led by New York Attorney General Letitia James, alleges that Trump and other company officials exaggerated his wealth and inflated asset values for financial gain.…
Former President Donald Trump faced another setback in his ongoing business fraud lawsuit in New York as Judge Arthur Engoron denied his latest request for a favorable verdict. The lawsuit, led by New York Attorney General Letitia James, alleges that Trump and other company officials exaggerated his wealth and inflated asset values for financial gain.…