Podcast Summary
Trump's Legal Team Wins in Appellate Division but Judge Refuses to Follow Decision: Despite a legal victory in the Appellate Division, Trump's team is returning to court due to a judge's refusal to honor the decision, bringing in a new expert witness to testify.
Former President Donald Trump and his legal team recently won a significant victory at the Appellate Division in a civil fraud case brought against him by the New York Attorney General. However, the lower court judge involved in the case has refused to acknowledge this decision, leading to a rare situation where the appellate division's ruling is not being followed. Trump's team argues that this is a serious issue, and they are now proceeding with the case, bringing in an expert witness to testify on their behalf. Despite maintaining that they did nothing wrong and there were no victims, Trump has publicly criticized the attorney general and the judge involved in the case, labeling them as "crazy," "lunatic," and "unethical" on social media. The new expert witness, Dr. Eli Bartov from NYU Stern School of Business, is not the reason for Trump's return to court. Instead, it's due to the judge's refusal to honor the appellate division's decision.
Donald Trump's trial: Expert witness testifies on accounting standards: An expert witness, Doctor Eli Bartoff, testified on accounting standards during Donald Trump's trial for financial fraud, but the defense has not presented a strong case with only 25 witnesses and thousands of exhibits compared to the prosecution's 25 witnesses and thousands of exhibits.
The trial involving Donald Trump and allegations of financial fraud continues, with Doctor Eli Bartoff, a professor of accounting, serving as a defense witness. The case centers around Donald Trump's use of inflated asset values in financial statements to meet lending criteria. Doctor Bartoff's testimony focuses on accounting standards and valuation calculations. However, the defense has not presented a strong case, with 25 witnesses for the New York Attorney General and thousands of exhibits. Trump's appearance in court is seen as an opportunity to criticize the attorney general and the judge, and to rally support among his base. Despite his expert status, Doctor Bartoff cannot testify that it is acceptable for a borrower to lie to a lender about asset values on financial statements. The trial is ongoing, with the potential for additional fraud charges against Trump.
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Miracle Made's bedsheets offer temperature regulation and bacterial growth prevention, providing better sleep and long-lasting freshness. These sheets are not only comfortable and luxurious but also cost-effective, making them an excellent gift option. The use of silver infused fabrics, inspired by NASA, sets them apart from other sheets in the market. Additionally, Miracle Made offers a special deal for listeners, allowing them to save over 40% and receive 3 free towels by using the promo code "legalaf." Regarding the legal discussion, it was agreed that misrepresenting the value of assets on financial statements is considered fraud, as it deceives counterparties, such as lenders. For instance, if Donald Trump overvalued a property like Mar-a-Lago, which has limited value due to easements, zoning laws, and conservation easements, it would be considered fraudulent if the actual value was significantly lower than reported.
Experts Fail to Provide Substantial Evidence for Trump's Defense: Trump's defense lacks credibility due to experts unable to testify independently, shifting focus to fraud allegations
That the case against Donald Trump for financial fraud lacks substantial evidence from experts who were assumed to testify on his behalf. These experts, including an insurance expert and a friend-turned-lawyer, were not able to provide independent knowledge about the financial transactions in question or the validity of the balance sheets presented to the banks. Instead, they were instructed by Trump to assume certain facts. Without these experts testifying honestly in favor of Trump, the defense case is weak, and the focus of the trial shifts to proving the fraud allegations. Trump's presence in the courtroom and attempts to distract from the proceedings are indicators of his concern over the situation. The trial is not an expert-driven case but rather a case about the fraud itself and whether it occurred or not. To win, Trump's team needs to present witnesses and evidence that the numbers in the balance sheets were valid and not overinflated.
New York AG's Case Against Trump: Racist Remarks and Persistent Fraud: The New York attorney general's case against Trump includes allegations of racist remarks and persistent fraud in Trump's businesses. The trial is expected to result in Trump's companies being put out of business in New York.
The New York attorney general's case against Donald Trump continues with allegations of racist remarks and persistent fraud in Trump's businesses. The attorney general has already found fraud and is seeking to put Trump's companies out of business in New York. Trump's testimony is expected soon, followed by closing arguments and a ruling in January. The trial for the E Jean Carroll case against Trump civilly in federal court will begin shortly after. The judge, who has already found persistent fraud, is likely to rule in favor of the New York attorney general. Trump's nicknames for his opponents and his family's testimony are the main points of contention in the case. The trial is expected to last only a few days, with potential rebuttal cases and closing arguments. The judge, who has already found fraud and installed a monitor for Trump's companies, is likely to rule in favor of the New York attorney general based on the evidence presented.
Judge bars Trump family and executives from NY business deals: A New York judge has prohibited the Trump family and executives from conducting business or securing loans in New York due to trust changes and alleged misconduct, leading to threats and bashing against courtroom personnel.
A judge in New York has barred the Trump family and executives of the Trump Organization from conducting business or getting loans in New York due to trust changes and alleged misconduct. However, after the ruling, there were reports of threats and bashing against courtroom personnel. The case continues to unfold, and for the latest updates, listeners can tune in to Legal AF, the leading politics, justice, and law podcast, every Wednesday and Saturday at 8 PM EST. Remember to give a thumbs up and leave a comment to help keep the show running. Stay informed by following Midas Touch on Instagram for the most important news of the day.
