Podcast Summary
Trump attacks judge during fraud trial: Trump accused Judge Angora of being a criminal and a democratic operative during his fraud trial, showing desperation and an attempt to discredit the judge and the legal process.
During the civil trial of the New York attorney general's fraud case against Donald Trump, the former president attacked the presiding judge, Judge Angora, labeling him a criminal and a democratic operative. Trump's actions came after admitting to the fraud allegations during a press conference before the trial and expressing frustration during a lunch break. Despite Trump's accusations, Judge Angora remained unaffected, and the trial continued. Trump also claimed that he, not the banks, was the one defrauded in the case. These actions suggest Trump's desperation and an attempt to discredit the judge and the legal process.
Trump Organization's Financial Statements Under Scrutiny for Potential Fraud: The New York trial revealed discrepancies between Trump Organization's stated property values and actual values, potentially leading to financial fraud allegations.
During a trial, the New York attorney general's office accused the Trump organization of providing false property valuations in financial statements for tax and loan purposes. The Trump family members testified they didn't review the statements, while Michael Cohen, a key witness, was attacked for his reputation. Donald Trump himself admitted in a press conference that some properties were worth significantly more than stated in the financial statements, and he regretted not including the value of his brand in the statements. The trial highlighted the discrepancies between the stated property values and the actual values, potentially leading to allegations of financial fraud.
NetSuite: Customized, efficient financial management solution: NetSuite helps businesses manage finances, inventory, HR, and more, closing books quickly, reducing costs, and managing risk with over 36,000 users and 25 years of experience. Trump's properties case underscores the importance of accurate financial management.
NetSuite's cloud financial system offers businesses a customized, efficient solution for managing their financials, inventory, HR, and more, with the power to make better decisions through having all necessary information in one place. With over 36,000 businesses using NetSuite and 25 years of experience, it has proven to help businesses close their books quickly, reduce costs, and manage risk. The offer of a free KPI checklist from NetSuite is designed to provide excellent business performance. Regarding the ongoing discussion about Trump's properties, it's important to note that the judge did not determine the actual valuation of the properties but rather looked at the provided tax appraisals and stipulated amounts. Trump himself had previously claimed lower valuations for tax purposes and higher valuations for loan applications, highlighting the importance of accurate financial management.
New York AG accuses Trump and Trump Organization of fraud, seeking damages and potential business bans: New York AG Letitia James is pursuing damages, disgorgement, and potential business bans against Donald Trump and the Trump Organization for alleged fraud. The trial may result in a judgment in the hundreds of millions of dollars.
During the ongoing civil fraud trial against Donald Trump and the Trump Organization, New York Attorney General Letitia James has accused them of persistent and repeated fraud, and has already secured a partial summary judgment leading to the cancellation of their business licenses and the dissolution of their organization. The trial now focuses on determining monetary damages, disgorgement, and potential bans on further business in New York. Trump's lawyers waived the jury trial, resulting in a bench trial presided over by Judge Goran. Trump is expected to testify, and the trial may result in a judgment in the hundreds of millions of dollars. Trump's actions, such as overvaluing a property by $1 billion, have allegedly stipulated to underlying liabilities. The attorney general emphasized that no one is above the law, and justice will prevail.
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