#mcconney — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #mcconney, aggregated by home.social.
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NYAG's introduced an #appraisal done by Cushman & Wakefield in 2014 that assessed #Trump’s #BriarcliffManor property value of an "easement donation" related to the 71 units on the property at $43.3M
Despite the appraisal, #McConney valued the property the same ($101M) in 2015 - 2018 after a Nov 17, 2015 phone call w/ #EricTrump.
"Leave value as is," Eric Trump told him in the call, McConney said.
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NYAG's introduced an #appraisal done by Cushman & Wakefield in 2014 that assessed #Trump’s #BriarcliffManor property value of an "easement donation" related to the 71 units on the property at $43.3M
Despite the appraisal, #McConney valued the property the same ($101M) in 2015 - 2018 after a Nov 17, 2015 phone call w/ #EricTrump.
"Leave value as is," Eric Trump told him in the call, McConney said.
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Now #JeffMcConney is testifying about the #valuation of #Trump’s #BriarcliffManor golf course.
McConney's valuation of the property changed from $25.1M in 2012 to >$100M in 2013.
#McConney said the jump was due to a Sept 25, 2013 phone call had w/ #EricTrump.
Eric told him the sale of 71 "midrise units" were approved on the property but put on hold.
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Now #JeffMcConney is testifying about the #valuation of #Trump’s #BriarcliffManor golf course.
McConney's valuation of the property changed from $25.1M in 2012 to >$100M in 2013.
#McConney said the jump was due to a Sept 25, 2013 phone call had w/ #EricTrump.
Eric told him the sale of 71 "midrise units" were approved on the property but put on hold.
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Back to #McConney #witness / #defendant #testimony:
#NYAG #Amer delves into a flagrant instance of #fraudulent #valuations.
#Trump’s #SevenSprings estate planned to build 7 mansions on the property valued at $23M each.
McConney confirmed that in 2012, #EricTrump was involved w/the development of the #Westchester, NY, property & that he (McConney) assumed all necessary approvals were obtained prior to build.
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Back to #McConney #witness / #defendant #testimony:
#NYAG #Amer delves into a flagrant instance of #fraudulent #valuations.
#Trump’s #SevenSprings estate planned to build 7 mansions on the property valued at $23M each.
McConney confirmed that in 2012, #EricTrump was involved w/the development of the #Westchester, NY, property & that he (McConney) assumed all necessary approvals were obtained prior to build.
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#McConney is first on the stand today; followed by #AllenWeisselberg on Tues; after that, #NickHaigh, a risk manager w/ #DeutscheBank; then #PatrickBirney of #TrumpOrganization, & depending on time, #MichaelCohen by the end of next week.
Justice #Engoron called the trial to order, & McConney is on the stand. McConney is also a #defendant in the case. Today he’s to be questioned about the Trump Org’s relationship w/another #RealEstate company, #Vornado.
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#McConney is first on the stand today; followed by #AllenWeisselberg on Tues; after that, #NickHaigh, a risk manager w/ #DeutscheBank; then #PatrickBirney of #TrumpOrganization, & depending on time, #MichaelCohen by the end of next week.
Justice #Engoron called the trial to order, & McConney is on the stand. McConney is also a #defendant in the case. Today he’s to be questioned about the Trump Org’s relationship w/another #RealEstate company, #Vornado.
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#McConney, who's also a #defendant in the #Trump #fraud case, was then shown letters he sent to a lender to disclose the statements of #financial condition to Royal Bank America. That letter & others like it are part of how the AG will attempt to establish McConney’s #liability for #false financial statements, in addition to his involvement in preparing the statements themselves.
The trial adjourned for lunch.
McConney is scheduled to resume testifying at 2:15 PM ET.
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#McConney, who's also a #defendant in the #Trump #fraud case, was then shown letters he sent to a lender to disclose the statements of #financial condition to Royal Bank America. That letter & others like it are part of how the AG will attempt to establish McConney’s #liability for #false financial statements, in addition to his involvement in preparing the statements themselves.
The trial adjourned for lunch.
McConney is scheduled to resume testifying at 2:15 PM ET.