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#financialstatements — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #financialstatements, aggregated by home.social.

  1. Back to the #TrumpTrial #day2

    During #CrossExamination this afternoon, #Trump #lawyer Jesus #Suarez tried to pin the blame for #inflated #FinancialStatements on Trump's fmr #accountant, #DonaldBender.

    Suarez noted in his questioning that #Bender was the only #CPA compiling the documents, & that others involved like #AllenWeisselberg didn't have that level of expertise. (Um, he was the CFO - the Chief Financial Officer 🤦🏼‍♀️)

    #fedilaw #legal #law #civil #conspiracy #fraud

  2. Fmr #Trump #accountant #DonaldBender testified that at one point he discovered that Trump & his company were #withholding certain docs that should have been given to him as he compiled Trump's #FinancialStatements.

    Trump &… #AllenWeisselberg, sent #Bender letters asserting they'd "made available to you all available records & financial data" & had "not knowingly withheld from you any #financial #records or related #data that in our judgment would be relevant to your compilation."

  3. Continuing his #testimony, fmr #Trump #accountant #DonaldBender #testified that the info he used to compile Trump's #FinancialStatements came from the #TrumpOrganization, NOT him.

    The #judge already found the #financial statements were grossly #inflated & #fraudulent.

    The AG's office is trying to show a #pattern of behavior through documents bolstering #Bender's claim, indicating he & the accounting company he worked for relied on docs that Trump & his company provided them.

    #law #legal

  4. On Wed, James fired an opening salvo, arguing that a #trial is not necessary to find that Trump & the other defendants inflated the value of their assets in annual #FinancialStatements, #fraudulently obtaining favorable #loans & #insurance arrangements.

    The #fraud was so pervasive, she said in a court filing, that Trump had falsely boosted his #NetWorth by between $812M & $2.2B each year over the course of a decade.

    #SummaryJudgment #law #legal