Of what New York proved in court; though you’d hardly know it from the press coverage, especially the credulous reporting on whatever nonsense Trump spewed. Did I mention the man has no credibility? Inside the courtroom, that’s true. Outside the courtroom? Shame on us.We heard from many witnesses: Trump, his family, his employees, and accountants.
— NY AG James (@NewYorkStateAG) January 11, 2024
Their testimony exposed the baseless values and fraud they used to inflate Donald Trump's net worth.
In some years, Trump and his team falsely inflated his net worth by as much as $2.2 billion.
Trump and his team intentionally misrepresented the value of his assets.
— NY AG James (@NewYorkStateAG) January 11, 2024
Mar-a-Lago:
⛔️Trump’s value: $739 million
✅Appraised value: $25 million
And knowingly lied about the size of his apartment in NYC to inflate its value:
⛔️Trump’s size: 30,000 sqft
✅True size: 10,966 sqft
Trump used his falsely inflated net worth to obtain a host of benefits.
— NY AG James (@NewYorkStateAG) January 11, 2024
More favorable loans and insurance coverage that saved him hundreds of millions of dollars.
Obtaining these loans at discounted rates was absolutely critical to the Trump Organization staying afloat.
Dear the Press: The REASON Trump launches these tirades, is bc he knows you're all INCAPABLE of reporting on the evidence that came before it. Simply absolute incapable of reporting on anything but his tirade, allowing him to drown out facts.
— emptywheel (@emptywheel) January 11, 2024
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