"Trump's Self-Valued Holdings and Cohen's Testimony: A Clash at NY Fraud Trial"
TL;DR Summary
In testimony during a civil fraud case against former U.S. President Donald Trump, his former lawyer Michael Cohen claimed that he manipulated the values of Trump's real estate properties to match whatever number Trump told them. Cohen stated that Trump would arbitrarily arrive at valuations for his assets and instructed Cohen and other executives to doctor financial statements to boost the company's holdings. The trial, brought by New York Attorney General Letitia James, alleges that Trump inflated the value of his properties. Trump has denied wrongdoing and called the case a "fraud" and a political witch hunt.
- Trump valued holdings at 'whatever number' he picked, Michael Cohen testifies Reuters
- Michael Cohen and Trump face off at NY fraud-trial cage match: It's on Business Insider
- Cohen testifies that Trump would come up with his own net worth estimations MSNBC
- Michael Cohen Testifies Against Trump at NY Fraud Trial The New York Times
- Live updates: Trump civil fraud trial continues in New York CNN
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