Former President Donald Trump is facing a civil fraud trial in New York alongside his former attorney, Michael Cohen. However, Cohen’s testimony has been delayed due to a health issue. The trial focuses on allegations made by the New York Attorney General, claiming that Trump and his organization exaggerated the value of their real estate properties to obtain more favorable loans and insurance terms.
The lawsuit includes accusations of fraud, falsification of business records, and conspiracy, all of which Trump and his co-defendants vehemently deny. Interestingly, Trump had previously made derogatory remarks about the judge’s clerk, resulting in a limited gag order preventing him from publicly commenting on court staff.
During the recent proceedings, the court delved into details regarding compliance with appraisal standards. Trump observed as an outside appraiser challenged the accuracy of a Trump Organization property’s valuation. In response, Trump’s lawyer argued that the inflated valuations failed to recognize the added value brought by the Trump name to a property.
Notably, Cohen is an important witness in this case, as well as in another unrelated criminal case involving Trump. Despite his health issue, Cohen intends to appear in court as soon as possible. Trump briefly criticized Cohen outside the court, but Cohen promptly reminded him of his past testimony and upcoming appearance in court.
The trial promises to be a highly contentious affair, with both sides fiercely defending their positions. The outcome of this civil fraud trial will have significant implications for Trump, as well as for Cohen, given his involvement in multiple legal proceedings. The Puck Drop will continue to closely follow this case and provide updates as new developments arise.
