The New York State trial brought by New York Attorney General Leticia James promises to disclose details about the Malignant Loser's fraudulent practices this week. As various authorities testify to the value of his properties, and working from millions of pages of documentary evidence, his years-long fraud is about to be brought more into the daylight. From this morning's Washington Post:
"When Donald Trump needed to value his Trump Tower apartment for homeowner’s insurance in 2010, he personally showed an appraiser around the unit for 15 minutes but ushered him out before the expert could take any measurements. Trump’s company then declared that the 11,000-square-foot unit measured 30,000 square feet, nearly three times its actual size.
A few years later, expert appraisers told Trump his 70-story office building at 40 Wall Street in Manhattan, steps from the New York Stock Exchange, was worth $260 million. But Trump soon claimed in financial documents that it was worth nearly $530 million, more than doubling its value.
In 2018, while he was president, Trump’s company cited a seasoned New York valuation expert to claim in its financial statements that Niketown, a luxury retail store adjoining Manhattan’s Trump Tower that has since closed, was worth $445 million. The expert later told investigators he’d provided no such input and Trump’s process to arrive at the figure didn’t 'make any sense.' [snip]
Over more than four decades as a developer, Trump — now the leading candidate for the 2024 Republican presidential nomination — has routinely exaggerated how much he and his assets are worth, while minimizing or omitting liabilities and debts. These self-aggrandizing boasts were central to the reputation he cultivated as a real estate mogul.
The civil trial against Trump’s business that on Tuesday enters its second week threatens to reveal the internal workings of Trump’s business in never-before-revealed detail. James, an elected Democrat, and her team arrived at trial armed after having reviewed millions of pages of documents about him and his company, a trove of legal ammunition that will be detailed in court in coming weeks." (our emphasis)
Attorney General James has brought a masterful and devastating case against the lying and cheating Malignant Loser and his family, who imagined that they'd never have their dealings exposed and held to account. They were wrong.
(photo: At last week's trial. Seth Wenig / AP)
