Legal AF by MeidasTouch

Trump’s So-Called Expert Gets LAUGHED OUT OF Court in Fraud Trial

7 snips
Dec 8, 2023
In a riveting courtroom saga, Trump returns to vigorously attack the judge and court, showcasing a desperate move. The spotlight dims on his so-called expert, an accounting professor, whose testimony on valuation raises eyebrows. Michael Popok stresses this isn't a case for experts but rather a serious fraud allegation. Cross-examination reveals that accepted overvaluation could signify fraud, while Trump's courtroom antics appear strategic rather than substantive. As the trial unfolds, looming remedies for persistent fraud hang in the air.
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INSIGHT

Case Is Fundamentally About Fraud

  • The trial focuses on whether Trump intentionally inflated asset values on statements of financial condition to obtain loans and insurance.
  • Michael Popok argues this is a fraud case, not an expert-valuation case, so valuation mechanics aren't central to guilt.
ANECDOTE

Courtroom Appearances As Campaign Stunts

  • Michael Popok describes Trump's courtroom appearances as his political circus act when legal trouble mounts.
  • Trump returns to court to bash the judge and AG and to distract from weak defense showings.
INSIGHT

Valuation Expert Can't Prove Intent

  • Dr. Eli Bartov is an NYU accounting professor called as Trump's valuation expert.
  • Popok says Bartov's valuation nuances won't answer whether Trump knowingly cooked numbers to defraud lenders.
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