Ivanka Trump recently posted the following on her Instagram story section:
Former President Donald Trump is currently on trial in New York in a $250 million civil lawsuit that could alter the personal fortune and real estate empire that helped propel Trump to the White House.
It has been noted that Trump, his sons Eric Trump and and Donald Trump Jr., and other top Trump Organization executives are accused by New York Attorney General Letitia James of engaging in a decade-long scheme in which they used “numerous acts of fraud and misrepresentation” to inflate Trump’s net worth in order get more favorable loan terms.
The trial comes after the judge in the case ruled in a partial summary judgment that Trump had submitted “fraudulent valuations” for his assets, leaving the trial to determine additional actions and what penalty, if any, the defendants should receive.
The former president has denied all wrongdoing and his attorneys have argued that Trump’s alleged inflated valuations were a product of his business skill.
Judge Arthur Engoron has denied Donald Trump’s most recent motion for a directed verdict to end his civil fraud trial. In a blistering ruling, the judge not only denied the motion but also opted to explain the flaws he sees in many of Trump’s arguments at trial.
Addressing the testimony of defense accounting expert Eli Bartov, who Trump proudly and repeatedly declared found “no accounting fraud of any kind,” Engoron flatly dismissed Bartov’s findings by saying he lost credibility by “doggedly attempting to justify every misstatement.”
“Bartov is a tenured professor, but all that his testimony proves is that for a million or so dollars, some experts will say whatever you want them to say,” Engoron wrote.
