Judge peppers lawyers in prelude to trial of New York's business fraud lawsuit against Trump

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A New York judge is hearing arguments over whether an October trial to determine if former President Donald Trump committed fraud will go on as scheduled

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Later, the judge pounded his fist on the top of his bench in disagreement with Kise’s interpretation of one law, opining the intent of that law is, “You cannot make false statements.”A lawyer for New York Attorney General Letitia James also tried to persuade Engoron to hand down a summary judgment on the lawsuit's most significant claim — that Trump committed fraud by inflating property values and exaggerating his net worth by as much as $3.

But Trump's attorney, Kise, hailed Trump's “investment genius” during the Friday hearing at a court in Manhattan.He said the property valuations the former president used in financial documents were not meant to be formal appraisals, but Trump's predictions of what the properties could be worth in the future.

“Defendants have clearly stepped through the looking glass,” said Amer, the lawyer representing the attorney general. He said there was “a complete disconnect” between the real-world market value of Trump’s properties and “the grossly inflated” valuation asserted by former president in his financial paperwork.

 

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