NY - $250m fraud against Former President Donald Trump, Trump Org., Eric, Donald Jr., Sept 2022, Trial 2 Oct 2023

[minusfour]

It will be interesting to see the family dynamic. Will the sons take any responsibility? Will they claim it was all T's fancy bookwork and T's fault alone? Will they blame the hired workers?

Have you seen Eric’s deposition? I don’t think anyone will be taking any responsibility! I can hardly wait to see what they say, how long T can keep his s. t together on the stand- lots to be looking forward too!

 

[Bounceycat]

Sorry for the semi-off topic question...is there a post to follow for the 14th amendment disqualification case in Colorado? I searched but was unable to find one. Thank you.

 

[Stunned]

It will be interesting to see the family dynamic. Will the sons take any responsibility? Will they claim it was all T's fancy bookwork and T's fault alone? Will they blame the hired workers?

They will blame the hired help. Or Tiffany! IMO

 

[crussell821]

Trump fraud trial live updates: 'Leave my children alone,' Trump says ahead of sons' testimony

Live updates also found here

‘You leave my children alone, just like I leave Tiffany alone!’

 

[tlcya]

Only 15 minutes into what is expected to be a three-hour cross-examination, Judge Arthur Engoron snapped at defense lawyer Jesus Suarez for asking redundant questions.

"I see why this is going to take two or three hours. Some questions become three or four more questions," Engoron said, interrupting the cross-examination to request that Suarez shorten his questions.

That prompted Trump lawyer Chris Kise to criticize Engoron for placing an unfair standard on the defense team.

"You never give them speeches. You never limit their questions," Kise said about Engoron's approach to the attorney general's legal team. "I think it's unfair."

Kise stressed that the cross-examination of the state's sole expert witness is particularly important since his testimony is likely to play into the judge's calculation of Trump's potential fine.

"This witness is the only witness they have that even hints ... about ill-gotten gains," Kise said.

Engoron, however, refused to back down.
Defense assails judge after he tells them to speed up questioning

 

[Smelly Squirrel]

Trump Org's Fraudulent Statements Cost Banks $168 Million in Interest, AG's Financial Expert Testifies

New York Attorney General Letitia James' lawsuit sought disgorgement of up to $250 million in 'ill-gotten gains.'

themessenger.com

The Trump Organization's fraudulent statements of financial condition may have cost banks more than $168 million in interest, which they could have made had they known the former president's true wealth, an expert hired by the New York attorney general's office testified on Wednesday.

Before the civil trial began, Manhattan Supreme Court Justice Arthur Engoron in late September found Donald Trump liable on the top count of fraud. The judge's ruling ordered the dissolution of any entity belonging to the former president, his sons Eric and Donald Trump Jr., and business associates Allen Weisselberg. The ongoing trial will determine whether they will also be forced to disgorge any ill-gotten gains, and if so, in what amount.

 

[tlcya]

Defense presses state's expert on his analysis

 

[tlcya]

One week ahead of her planned testimony, Ivanka Trump has appealed Judge Engoron's decision to require her to testify in person at the Trump Organization's fraud trial.

Ivanka Trump's lawyer Bennet Moskowitz asked an appellate court to decide whether Engoron has jurisdiction to compel her testimony and whether the trial subpoenas issued by the New York attorney general were properly served.

Ivanka Trump, who is not a defendant in the case, is currently scheduled to testify next Wednesday as the final witness in the attorney general's case before the defense presents its case.
Ivanka Trump appeals ruling requiring her to testify

Meanwhile, Donald Jr. is in the courthouse

 

[MrsWatson]

Every time I see one of Don Jr.'s videos, one particular Eric Clapton song gets stuck in my head.

 

[charminglane]

Every time I see one of Don Jr.'s videos, one particular Eric Clapton song gets stuck in my head.

I guarantee it’s not You Look Wonderful Tonight.

 

[Inthedetails]

Sorry for the semi-off topic question...is there a post to follow for the 14th amendment disqualification case in Colorado? I searched but was unable to find one. Thank you.

I've been sticking 14th Amendment posts in the D.C. thread. But I think I also put them somewhere else at one point - maybe the J6 thread? I think the 14th Amendment cases could use their own thread, fwiw.

jmo

 

[tlcya]

The AG's financial expert has finished testifying, and the attorney general's office has called Donald Trump Jr. to the witness stand.

Photographers were allowed in to the courtroom to take his picture before he got on the stand. "I should have worn makeup," he quipped.
Trump fraud trial live updates: Don Jr. arrives at courthouse ahead of expected testimony

perhaps he could borrow some from his dad?

 

[MrsWatson]

I'm confused. Didn't Jr go to Wharton? Isnt' he some kind of VP of one of the various Trump businesses? How can he not know what GAPP or ASC is?

 

[tlcya]

"Sounds very exciting, but no," Donald Trump Jr. answered to a state attorney's question about whether he knows about accounting certifications, professional organizations, or accounting standards other than GAAP, which stands for "Generally Accepted Accounting Principles."

"I know nothing about GAAP," Trump Jr. said, adding, "I leave it to my CPAs."

"I'm a real estate broker," Trump Jr. said as he introduced himself on the witness stand. He testified that he began working in the family real estate business "right after 9/11," working on Trump Park Avenue and the former Sun Times building in Chicago.
'I leave it to my CPAs,' Trump Jr. says of accounting standards

 

[legalmomma]

One week ahead of her planned testimony, Ivanka Trump has appealed Judge Engoron's decision to require her to testify in person at the Trump Organization's fraud trial.

Ivanka Trump's lawyer Bennet Moskowitz asked an appellate court to decide whether Engoron has jurisdiction to compel her testimony and whether the trial subpoenas issued by the New York attorney general were properly served.

Ivanka Trump, who is not a defendant in the case, is currently scheduled to testify next Wednesday as the final witness in the attorney general's case before the defense presents its case.

Trump civil fraud case: Judge fines Trump $354 million, says frauds 'shock the conscience'

Get updates from the trial of former President Trump in the civil fraud suit brought by New York Attorney General Letitia James.

abcnews.go.com

 

[tlcya]

Trump serves as a trustee and executive vice president of The Trump Organization, running the company alongside his younger brother Eric.
Donald Trump Jr. - Wikipedia.

One would think that one who is a VP and trustee (a fiduciary role) of a "billion dollar" company would have a bit more understanding of GAAP and how the financial side of things works. Maybe it's just me.

 

[Elliot_Alderson]

Trump serves as a trustee and executive vice president of The Trump Organization, running the company alongside his younger brother Eric.
Donald Trump Jr. - Wikipedia.

One would think that one who is a VP and trustee (a fiduciary role) of a "billion dollar" company would have a bit more understanding of GAAP and how the financial side of things works. Maybe it's just me.

There's just a GAAP in his head where his brain should be.

 

[Herat]

I'm not expecting Trump Jr, and other Trump brother, or sister to manifest any understanding of GAAP or ASC, as a poor defense. As VP and Trustee, they seem to be just blind duplicates of Daddy Trump for voting purposes, most likely. And a way to funnel cash and assets back to the family.

 

[legalmomma]

That relationship broke down once Weisselberg got himself into "legal issues," Trump Jr. said. He testified that he could not recall the circumstances of Weisselberg's exit, including the multimillion-dollar severance deal that Weisselberg received,[BBM] which Weisselberg faced questions about during his own testimony earlier this month.

"I have no knowledge of the specifics of how it happened. He is no longer working at the Trump Organization," Trump Jr. said of the former CFO.

Trump civil fraud case: Judge fines Trump $354 million, says frauds 'shock the conscience'

Get updates from the trial of former President Trump in the civil fraud suit brought by New York Attorney General Letitia James.

abcnews.go.com

 

[tlcya]

"Who is above you in your role as an executive vice president in the Trump Organization?" state attorney Colleen Faherty asked.

"Obviously I would have reported to my father in that period of time … people like Allen Weisselberg would have still been senior to me," Trump Jr. said of that time period.

Trump Jr. said he gained more responsibility in 2016 when his father became president and he was named a trustee of his father's revocable trust. He said that he, Weisselberg and his brother Eric Trump became a kind of triumvirate running the Trump Organization.

"We stopped reporting to my father on decisions involving the business," Trump Jr. said.

That relationship broke down once Weisselberg got himself into "legal issues," Trump Jr. said. He testified that he could not recall the circumstances of Weisselberg's exit, including the multimillion-dollar severance deal that Weisselberg received, which Weisselberg faced questions about during his own testimony earlier this month.

"I have no knowledge of the specifics of how it happened. He is no longer working at the Trump Organization," Trump Jr. said of the former CFO.
Trump Jr. pressed about departure of ex-CFO