After being found to have lied in court about his knowledge of the Trump Organization’s finances, Mary Trump blasted her cousin Eric.
Eric Awkwardly Mincing His Own Words
During the corporate fraud trial on Thursday, Eric Trump stated that he had “never worked” on the financial status statement of the Trump Organization and that he was unaware of it until the trial started. Shortly after, an email he sent informing staff members that he was working on the statement was revealed, which compelled him to acknowledge that he had known of it since 2013.
Eric “Basically Just Lost the Entire Case”
Mary Trump happily tweeted on Thursday night, “They lie so much, they can’t even keep track of their own bullsh*t.” “Sounds like perjury is on today’s menu.” She also said that Eric “basically just lost the entire case.”
Mary Lists All of Uncle Trump’s Historic Accomplishments
The New Republic contributor and “Stop Trump Summit” participant Mary Trump skillfully and frequently disparages her family on social media. She commemorated her uncle Donald Trump’s historic accomplishments in September, including being the first former president to be impeached twice, charged with inciting an uprising, charged with sexual assault, and held responsible for fraud.
Judge Engoron’s Ruling of Trump Committing Business Fraud
Judge Arthur Engoron of the New York state Supreme Court declared in September that Donald Trump had engaged in business fraud and issued an order canceling all of his company certifications in the state. Due to this, conducting business in New York is all but impossible, and the Trump Organization may not survive as it does now.
Trump Probably Saw Sons’ Botch up Coming
This week, Don Jr. and Eric, Trump’s oldest sons, gave testimony in court. Donald Trump became quite anxious about their impending testimony in advance. And it’s obvious why now. More harm than good has come from his son’s remarks in his case.
Eric Insists Mar-A-Lago Was a Private Residence and Not a Club
In addition, Eric Trump maintained that his father’s Mar-a-Lago property was a private home rather than a club during his evidence in a New York fraud trial. Donald Trump’s second son testified that he was unaware that the club had been valued for tax purposes as a commercial property that was used as a social club during a more than hour-long Friday morning questioning by state attorney Andrew Amer regarding the valuation of the former president’s property in Palm Beach, Florida, according to ABC News.
“Don’t See Anything Wrong With That, 100 Percent”
“It is very clear that Mar-a-Lago is not a club, it is a private residence,” Trump said in court. “I don’t see anything wrong with that, 100 percent.” The property was, according to prior testimony and papers admitted into evidence, confined to club use only, but the ex-president overpriced the resort by classifying it as something that could be sold as a private house.
Trump Asked About $2 Million Severance Agreement Between Trump Org. and Former CFO Weisselberg
Prior to the commencement of the trial, Judge Arthur Engoron concluded that Mar-a-Lago was overpriced by 2,300%. Amer asked Trump directly about the $2 million severance arrangement between the Trump Organization and former CFO Allen Weisselberg as he concluded his interrogation.
Eric Admits to Entering Agreement With Weisselberg
“Did you participate in the business agreement to enter into this business decision with Mr. Weisselberg?” Asked Amer. “Yes,” said Eric Trump. “Did your father direct you to enter into this agreement with Mr. Weisselberg?” Asked Amer. “No, he didn’t,” in response, Eric Trump said. “I did this agreement with Mr. Weisselberg.”
Don Jr. “Vaguely” Familiar With Charges Against Him
“Vaguely, yes,” Don Jr. said in response to Assistant Attorney General Colleen Faherty’s question about his familiarity with the legal document outlining the accusations against him and the other defendants. Despite Judge Arthur F. Engoron’s earlier ruling that the Statements of Financial Condition were false, he maintained that he had nothing to do with them.
Buck Passed Onto Accounting Firm Mazars
Donald Jr. testified that the outside accounting company Mazars was tasked with drafting these statements, stating, “These people had incredible intimate knowledge, and I relied on them.” He said that the only accounting course he had ever taken in business school was an introductory one.
Former Mazars Partner Makes Clarifications
Anyone who has been following the trial could see right away that there could be an issue with this buck-passing tactic. Former Mazars partner Donald Bender, who oversaw the Statements of Financial Condition, has already stated in court that his company did nothing more than compile value estimates for specific properties provided by the Trump Organization.
Trump Org Assures Mazars on Material Accuracies
Faherty dutifully presented various paperwork that Donald Jr. signed on Thursday morning while serving as a trustee for the trust his father set up to manage the company after he moved into the White House. A 2017 “management representation” letter from the Trump Organization to Mazars was among the papers; it guaranteed the accounting firm that the organization’s value estimations were accurate and devoid of any significant errors.
Donald, Jr., Tries to Brush Off “Cover-Your-Butt” Letter to Mazars
Although Donald Jr. attempted to dismiss this paper as a “cover-your-butt” letter, the harm had already been done. Additionally, Faherty provided proof that Donald Jr. was informed, just before signing this letter, that the valuation estimates supporting the Statements of Financial Condition significantly overstated the size of his father’s Trump Tower penthouse.
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