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Joined 1 year ago
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Cake day: July 11th, 2023

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  • If those arguments have merit then they’ll have to sort out the details of how much Trump overvalued his properties. As I understand it that is the purpose of the trial at this point.

    The Florida-based real estate pros referenced in the article didn’t throw out any estimated values of Mar a Lago, and they didn’t suggest it hadn’t been overvalued by Trump.

    The lawyer in NYC quoted seems to have little concern over the whole thing.

    | Cintron, the Harrington Ocko & Monk partner, doesn’t think the Mar-a-Lago valuation controversy moves the needle on the question of whether Trump committed fraud.

    | “There is enough of a pattern of this practice that he’s engaged with in respect to his properties to support Judge Engoron’s conclusions that there was an intent to defraud,” Cintron said.

    EDIT: Apologies for formatting, I haven’t figured out quotes in Lemmy


  • The judge is not in real estate, he’s a judge. He didn’t dream up figures to fry Trump. James would have gotten them from sources who are real estate experts, and at this level the sources must have been deemed independent and unbiased by the judge to use them.

    As long as the case took to build, and as it all rests on these figures, the people who matter must have full confidence in them under scrutiny.

    Any suggestion that the figures are flawed likely comes from Team Trump, and would be in line with their long list of dubious claims both in and out of court.