Trump Fraud Trial: Defense’s Accounting Expert Endorses Trump’s Financial Statements
In the ongoing Trump fraud trial in New York, the defense’s accounting expert, Eli Bartov, has given a strong endorsement of Donald Trump’s financial statements. Bartov, a respected professor at New York University, praised the statements for their level of detail and transparency. He stated that he had never seen a statement that provided so much information. Despite discrepancies in asset valuations, Bartov characterized them as mistakes rather than fraud. This testimony challenges the New York Attorney General’s claims of a decade-long scheme to inflate Trump’s net worth. Stay updated on the trial as it unfolds.
Defense’s Accounting Expert Supports Trump’s Financial Statements
Eli Bartov, the defense’s accounting expert, endorses Donald Trump’s financial statements in the ongoing fraud trial. Bartov praises the level of detail and transparency in the statements, stating that he has never seen such comprehensive documentation.
In the Trump fraud trial, Eli Bartov, an accounting expert called by the defense, has given a strong endorsement of Donald Trump’s financial statements. Bartov, a respected professor at New York University, testified that he has never seen a statement that provides so much detail and is so transparent. He praised the level of information contained in the statements, which are at the center of the New York Attorney General’s case against Trump.
Despite discrepancies in asset valuations, Bartov characterized them as mistakes rather than fraud. He emphasized that lenders would be expected to conduct their own valuations before making lending decisions. Bartov also pointed to Deutsche Bank’s credit memos, which regularly marked down Trump’s asset values, as evidence that lenders independently scrutinized Trump’s financial statements.
This testimony challenges the claims made by the New York Attorney General, who alleges a decade-long scheme to inflate Trump’s net worth. Bartov’s endorsement of the financial statements adds weight to the defense’s argument that Trump’s alleged inflated valuations were a result of business skill rather than fraudulent intent.
Trump Denies Wrongdoing and Criticizes the Case
Donald Trump maintains his innocence and criticizes the civil fraud case brought against him by the New York Attorney General. Trump denies any wrongdoing and questions the legitimacy of the trial.
Donald Trump, speaking to reporters outside the courtroom, continues to assert his innocence in the civil fraud case. He describes the case as a ‘disgrace’ and denies any problems with the loans in question. Trump claims that the bank testified to being ‘really happy’ with the loans and criticizes the trial for moving forward.
Trump’s legal spokesperson, Alina Habba, accuses the attorney general’s team of hypocrisy, highlighting their use of an accounting expert in a previous case against Exxon Mobil. Trump suggests that the trial is politically motivated and emphasizes his lead in the Republican presidential primary polls, which he attributes in part to the trial itself.
Despite Trump’s denial and criticism, the trial continues to unfold, with the defense presenting their case and challenging the allegations made by the New York Attorney General.
Trump’s Presence in Court and Interactions with Sketch Artists
Donald Trump’s presence in court and interactions with sketch artists during breaks in testimony draw attention. Trump engages with court sketch artists, offering compliments and personal remarks.
During the trial, Donald Trump has been present in court, sitting at the defense counsel table with minimal items. During breaks in testimony, he has taken the opportunity to engage with court sketch artists, similar to his son Donald Trump Jr. when he testified. Trump has complimented the artists on their renderings of him and even made a remark about his appearance, stating that he needs to lose weight.
These interactions with sketch artists add a unique element to the trial and provide a glimpse into Trump’s demeanor during the proceedings. While the trial itself focuses on legal arguments and evidence, these moments of interaction humanize the former president and offer a different perspective on his presence in court.