Trump's Case DETERIORATES After CFO Caught Lying In Fraud Trial
October 13, 2023
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7:49Now PlayingTrump's Case DETERIORATES After CFO Caught Lying In Fraud Trial
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as posted by the channelDonald Trump's legal team gets hit with devastating truth after his financial statements and banker reviews are revealed and his CFO gets cornered in Trump Org discrepancy lie. Francesca Fiorentini and Brett Erlich break it down on The Damage Report.
Read more here:
Trump’s Longtime CFO Lied, Under Oath, About Trump Tower Penthouse
"Allen Weisselberg, the longtime chief financial officer of the Trump Organization, lied in sworn testimony on Tuesday when questioned about Donald Trump’s penthouse atop Trump Tower.
Weisselberg was on the stand as part of a $250 million lawsuit that the New York attorney general is waging against Trump and his associates, including Weisselberg, accusing them of lying about Trump’s net worth to financial institutions. To arrive at inflated figures, the Trump Organization used demonstrably incorrect facts, such as valuing Trump’s penthouse as if it contained 30,000 square feet, when it in fact consisted of 10,996.
Under questioning, Weisselberg acknowledged that the 30,000-square-foot figure was wrong. He tried to suggest, however, that he had little to do with the bogus calculation, batting away a series of questions about the financial documents and discussions with Forbes, which has been valuing Trump’s fortune since 1982. “I never focused on the triplex, to be honest with you,” Weisselberg said. “It was almost de minimis relative to his net worth, so I really didn’t focus on it.”"
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