No. of Recommendations: 4
"Justice Arthur F. Engoron granted a
partial summary judgment against the Trump Organization and found that the former president and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing financing"
In the United States, the presiding judge generally must find there is "no genuine dispute as to any material fact and the movant is entitled to judgment as a matter of law."[2] WIKI
In the order, the judge rejected Trump's deposition testimony in which the former president said that the financial statements were not fraudulent because they contained disclaimers. Trump said the statements contained a 'worthless clause' in them warning lenders and others that they shouldn't be relied on.
Tuesday, the judge said that 'the defendants' reliance on these 'worthless' disclaimers is worthless.'https://www.cnn.com/2023/09/26/politics/trump-orga... So it looks like one of the borderline frivolous arguments Trump's attorney's make is that the financial statements Trump gave the bank to rely on for loans had these "worthless clauses", which the judge considers a specious argument, and the attorneys keep repeating it. Trump should've just told his attorneys to go find the extra 2.2 billion in assets that he knows is there.
