"Trump's Legal Team Targets External Accountants in Financial Statement Probe"

1 min read
Source: Yahoo News
"Trump's Legal Team Targets External Accountants in Financial Statement Probe"
Photo: Yahoo News
TL;DR Summary

In the civil fraud trial against Donald Trump's real estate empire, his lawyers are focusing on the role of outside accounting firm Mazars USA LLP in preparing the financial statements at the center of the lawsuit. Testimony from an accounting expert raised doubts about the practices of Mazars and questioned earlier testimony from a retired Mazars partner. The expert stated that requesting appraisals beyond what is required for financial statements would be highly unusual. Trump's lawyers are seeking to refute claims that he manipulated asset values to appear wealthier. The New York Attorney General is seeking over $300 million in ill-gotten gains and a ban on the defendants doing business in New York.

Share this article

Reading Insights

Total Reads

0

Unique Readers

9

Time Saved

4 min

vs 5 min read

Condensed

88%

974113 words

Want the full story? Read the original article

Read on Yahoo News