That looks interesting ... direct testimony of Trump's deliberate asset exaggeration.
Cohen says Trump tasked him with increasing asset values by 'whatever number Mr Trump told us'
Cohen just provided stunning testimony implicating Trump in fraudulent valuation of properties.
“I was tasked, by Mr Trump, to increase the total assets based upon a number that he arbitrary selected, and my responsibility, along with Allen Weisselberg predominately, was to reverse-engineer the various different asset classes, increase those assets, in order to achieve the number that Mr Trump had [requested,” Cohen said.
When asked what number he came up with, Cohen said, “Whatever number Mr Trump told us to.”
Cohen’s admission came as he was questioned about his familiarities with Trump’s statement of financial condition – which is key to this trial, as the ex-president is accused of fudging to get fraudulent benefits.
“It was to be used eventually for purposes of demonstrating net worth for acquisitions for insurance purpose,” Cohen said.
He explained that in relation to insurance, insurance brokers would come to Trump’s company and permitted to take notes – but they weren’t allowed to keep it.
“The benefit was to show that the assets had extremely high values, with low liabilities in order to obtain better insurance premiums,” Cohen said.
He made the admission when shown a copy of the statement of financial condition on the screen.
Maksutov:
That's the problem with this supernatural stuff, it doesn't really solve anything. It's a placeholder for ignorance.
Mayan Elephant:
Not only have I denounced the Big Lie, I have denounced the Big lie big lie.
I believe her. If she had known she wouldn't be protected by Trump, was exposing herself to criminal charges and that their coup wouldn't work, she'd never have joined the conspiracy.
She would have to be incredibly stupid to not know that, but I believe she's that stupid. Trump lawyers are dumb lawyers.
Religion is for people whose existential fear is greater than their common sense.
