New York Post
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'We will win' - says Donald Trump during break in civil fraud trial proceedings
Posted
October 25, 2023
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October 25, 2023
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0:41Now PlayingDonald Trump and his onetime lawyer and fixer Michael Cohen faced off for a second straight day on Wednesday (October 25) in a Manhattan courtroom, where the former U.S. president is in the midst of a civil fraud trial over his family real estate company's business practices.
Cohen, who cut ties with Trump five years ago, is expected to undergo more cross-examination by Trump's lawyers determined to undermine his credibility.
Cohen testified on Tuesday (October 24) that Trump "arbitrarily" inflated the value of the Trump Organization's real estate assets to secure favorable insurance premiums. Cohen said he doctored financial statements so the property values matched "whatever number Mr. Trump told us."
The insider testimony could bolster New York Attorney General Letitia James' argument that Trump, his company and several of its executives unlawfully inflated property values. The case could break up Trump's business empire.
Trump, the frontrunner for the Republican nomination to challenge Democratic President Joe Biden in the 2024 U.S. election, has denied wrongdoing and defended the valuations of his properties.
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#donaldtrump #trial #nyc
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