Expert Witnesses in Trump Civil Case Testify to Alleged Fraudulent Practices
ICARO Media Group
In the ongoing civil case filed by the New York Attorney General Letitia James against former President Donald Trump's property empire, several expert witnesses have provided testimonies that shed light on the alleged fraudulent practices. The case, which seeks $250 million in damages and penalties, accuses Trump and key executives of knowingly falsifying financial statements and inflating asset values for personal gain.
Attorney General James shared updates on the trial progress in a video message posted on Friday. She highlighted the revelations made by the expert witnesses, pointing out the discrepancies in property valuations mentioned in Trump's financial statements. It was revealed that one expert admitted the valuations were not "proper" or "reasonable," casting doubts on the accuracy of the information provided.
Interestingly, another expert witness testified to being personally approached by Trump himself. This witness, a member of Trump's Mar-a-Lago club, claimed that the former president asked for assistance in the case during a chance encounter at the club. This revelation highlights Trump's personal involvement in addressing the allegations against his business empire.
Furthermore, one of Trump's expert witnesses, an accounting professor, had their fees paid for by Save America, Trump's political action committee. This raises questions about potential conflicts of interest and the credibility of the testimony provided. The professor's testimony challenged the inflated value of Trump's triplex, aligning with the allegations made by the Attorney General.
The third witness, New York University Stern School of Business Research Professor Eli Bartov, who has accrued fees totaling $877,500, had not prepared a financial statement since the 1980s. Despite this fact, Bartov had significant insights to share regarding Trump's financial statements, further undermining the accuracy of the information provided by the former president.
As the trial enters its eleventh week of testimony, all eyes are now focused on Trump himself. The former president is expected to take the witness stand for the third time, this time facing questioning from his legal team. This crucial testimony may have a significant impact on the outcome of the case, determining the fate of Trump's business empire.
In her message, Attorney General James emphasized that the pursuit of truth remains the highest standard in this trial. Despite attempts to distract and hurl personal attacks, she confidently stated that the truth is on her side, echoing the sentiment expressed by the judge overseeing the case.
As this high-profile trial nears its end, the expert witness testimonies have shed light on the alleged fraudulent practices within Trump's property empire. Whether these testimonies will prove sufficient to support the claims made by the Attorney General remains to be seen. Nonetheless, the conclusion of this trial will undoubtedly have significant implications for Donald Trump and his business endeavors.