Both brothers pointed

This week in Trump crime family news:

Trump’s elder sons, Donald Trump Jr and Eric Trump, took the witness stand in New York this week and testified they had little knowledge about the financial statements at the center of the case. Next week, Donald Trump is expected to take the stand on Monday, followed by daughter Ivanka Trump on Wednesday.

In the middle of a school week.

The New York attorney general’s office has been building its case that Trump, his adult sons and executives at the Trump Organization knowingly inflated the value of assets to boost the former president’s net worth when brokering deals. Judge Arthur Engoron ruled before the trial started that documents prove the family had fudged financial statements to do this. The trial has been about whether Trump will have to pay a fine of at least $250m for committing fraud.

Over the three days that Donald Trump Jr and Eric Trump testified on the witness stand, both brothers pointed to the company’s accountants and lawyers as responsible for handling the financial statements at the center of the case.

Ah yes, that’s how that works. Of course. It’s not the owners of the organization who are corrupt, it’s the people who work for the owners who are.

This is despite multiple emails and signed documents that show the brothers, who serve as top executives of their father’s company, were consulted by employees preparing the statements and brokered deals in which the statements were used to confirm Trump’s net worth.

All forgeries. The brothers weren’t even in the country at the time. They weren’t even on the planet.

The attorney general’s office brought in an expert witness, Michiel McCarty, the chief executive of an investment bank, to testify about the losses lenders unwittingly accrued when making deals with the Trump Organization because it had inflated the value of its assets.

McCarty explained that if lenders had been given accurate valuations for the assets, they could have charged the Trump Organization higher interest rates. McCarty calculated the lost interest for loans given for four properties in the case at $168,040,168.

Oh, is that all. I thought this was about real money.

15 Responses to “Both brothers pointed”

Leave a Comment

Subscribe without commenting