Podcast Summary
Testimony from Michael Cohen about Trump's inflated financial statements: Michael Cohen testified that he and others prepared fraudulent financial statements at Trump's direction to inflate property values and net worth.
Key takeaway from the New York attorney general civil fraud trial is that Michael Cohen, former attorney and fixer for Donald Trump, testified that he and others prepared fraudulent financial statements at Trump's direction to inflate the value of his properties and overall net worth. Cohen's testimony was damaging to Trump, who arrived at court to attack Cohen but was met with a response that this was about accountability. Cohen emphasized that his testimony was not about a personal battle between him and Trump, but rather about the importance of holding individuals accountable for their actions. Cohen, who previously pleaded guilty to lying to Congress, clarified that he had done so at Trump's direction. The trial, which has been ongoing for several weeks, could have been over long ago, according to Cohen, but the case is now in the hands of the judge to determine the outcome.
Michael Cohen testified about Trump's financial manipulation for insurance and acquisitions: Cohen testified Trump inflated assets, presenting high values with low liabilities for favorable premiums in Buffalo Bills and Doral Club cases. Implications for Trump's business dealings and reputation.
Michael Cohen testified in court that he and Allen Weisselberg were instructed by Donald Trump to inflate the value of his assets for insurance and acquisition purposes. This was done to present high values with low liabilities to obtain more favorable premiums. Cohen provided examples of this practice being used in the Buffalo Bills and Doral Club cases. Despite this damaging testimony, it remains unclear why the Mueller team did not charge Trump as a coconspirator in the hush money case or why it took a long time for the New York case to determine Trump's involvement. Glenn Kirschner, a federal prosecutor, was present at the courthouse and provided insights on the situation. Trump watched as Cohen delivered the devastating testimony, with protesters outside chanting "Donald Trump lies." Cohen's testimony acknowledges a pattern of financial manipulation, which could have significant implications for Trump's business dealings and reputation.
Testimony in Michael Cohen's trial reveals Trump's alleged years-long scheme to inflate asset values: Michael Cohen's trial exposes Trump's possible criminal scheme to manipulate financial records and inflate asset values, potentially leading to accountability for his actions.
The ongoing trial of Michael Cohen, former lawyer and fixer for Donald Trump, has shed light on allegations of massive, systemic fraud committed by Trump to secure loans and insurance for his properties. Cohen's testimony, during both his congressional hearing and in the trial, has revealed that Trump instructed Cohen and CFO Alan Weisselberg to manipulate financial records to inflate the value of Trump's assets. This is not just a matter of tabloid headlines, but a years-long scheme that could result in criminal charges against Trump. The trial represents an opportunity for Cohen to confront his accuser, as Trump's lawyers have the chance to cross-examine the witnesses testifying against him. However, it also feels like a moment of reckoning for Cohen, who paid off women at Trump's direction and is now serving prison time for his crimes. The outcome of this trial could potentially bring accountability for Trump's actions, which many believe is long overdue.
Quip's dental care solution includes a gum and mint dispenser, electric toothbrush, and water flosser.: Quip offers a portable, stylish, and effective dental care solution with their slim dispenser, electric toothbrush, and water flosser.
Quip offers a convenient and comprehensive dental care solution with their slim travel-ready gum and mint dispenser, electric toothbrush, and water flosser. The toothbrush features dentist-recommended vibrations and timing, while the water flosser provides a gentle deep clean. Quip's products come in various colors and materials, making them a portable and stylish addition to anyone's routine. Additionally, Quip is currently offering a discount for those who visit quip.com/midas. During the discussion, Michael Cohen's testimony in a trial was a topic. Despite Cohen not commenting on the testimony, Donald Trump took to social media to attack Cohen, making false claims about the trial and the statute being used. Trump's statements were proven to be lies, as the statute has been used in previous cases. The trial had nothing to do with President Biden, and Trump's financial statements were not a factor in the case.
Testimony from Trump's people reveals inflated property premiums and fraud allegations: Donald Trump's former employees, including his controller and CFO, have testified to inflating property premiums by 15-30% and committing fraud. Trump himself is accused of lying on financial statements multiple times. Suspected witnesses include Eric Trump, Don Junior, Ivanka, and possibly Trump himself, although he may refuse to testify.
Learning from the discussion on the Midas Touch Network is that there is substantial testimony from Donald Trump's own people, including his former controller and chief financial officer, Allen Weisselberg, who is now a convicted felon, that Donald Trump inflated the presidential premiums of his properties by 15-30%. Witnesses have also testified that they were instructed to commit fraud. Trump himself has been accused of lying on his statement of financial conditions multiple times. The anticipation is that Eric Trump, Don Junior, and Ivanka, as well as Donald Trump himself, will testify. However, there is a suspicion that Trump may refuse to testify or claim it's a witch hunt. The irony of the situation was noted as Alina Habba, during the trial, was cross-examining Michael Cohen, and it was pointed out that what happened to Michael Cohen is what happens to all of Trump's lawyers, as three of Trump's lawyers in Georgia had already pleaded guilty in a criminal Rico case. Sydney Powell, who Trump claims is not his lawyer, was also mentioned as being involved in the case.
Jenna Ellis and another Trump lawyer admit guilt in Georgia for not verifying facts: Two Trump lawyers admitted guilt in Georgia for failing to verify facts during the election contest period, emphasizing the significance of factual accuracy and ethical conduct in legal practice.
Jenna Ellis, a lawyer who represented former President Donald Trump in his post-election challenges, recently entered a guilty plea in Georgia for not verifying the accuracy of the facts presented to her during the frenetic election contest period. Ellis, who is also a Christian, admitted to falling short of her professional responsibilities and failing to do her due diligence, expressing deep remorse for her actions. This event comes after another Trump lawyer, Ken Chesebro, entered a guilty plea in the same state for similar reasons. The incident underscores the importance of factual accuracy and ethical conduct in legal practice, especially during high-pressure situations. For those interested in following the Midas Touch Network for more updates, they can subscribe and engage on Instagram.
