Trump's Decades Of Testimony Provide Some Clues About How He'll Fight For His Real Estate Empire

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The former president is set to testify Monday at his New York civil fraud trial,

has testified in court as a football owner, casino builder and airline buyer. He bragged in a deposition that he saved “millions of lives” by deterring nuclear war as president. Another time, he fretted about the dangers of flung fruit.

In 1985, he was called to testify before Congress as owner of the USFL’s New Jersey Generals and he testified on behalf of lawyer and friend Roy Cohn at a state disciplinary hearing that led to Cohn’s disbarment. In an early flash of his firebrand persona, in 1986, Trump told New Jersey’s casino commission that plans for highway overpasses near one of his casinos “would be a disaster. It would be a catastrophe.

On the stand in a boxing-related case in 1990, Trump described a Mike Tyson fight he planned for one of his casinos in Atlantic City, New Jersey, as “one of the greatest rematches you could have.” Accused by two men of cutting them out of a riverboat gambling project, Trump professed ignorance, testifying in 1999: “I was shocked by this whole case. I had no idea who these people were.

“Based on my experience with him, you better be able to have super tight questions, with documents to support them, so that he cannot wiggle around,” Kulwin added. “I would approach the judge and have him admonished before he even got on the stand: ‘Mr. Trump, this is not a political campaign. These people, you’re not trying to get their vote. This is a judicial proceeding.’”Goldberg lost to Trump but said she did not regret suing him, testifying: “Somebody had to stand up to him.

Trump won that one and another lawsuit in 2005, where he testified that a construction company had “fleeced” him by overcharging him by $1.5 million for work at a golf course in New York’s Westchester County.Trump’s current New York trial hinges in part on how much he and other Trump Organization executives were involved in valuing his properties and calculating his wealth for the annual financial statements that were given to banks, insurers and others to make deals and secure financing.

He insisted the banks that James alleges were snookered with lofty valuations suffered no harm, got paid in his deals and “to this day have no complaints.” Trump decried the lawsuit as a “terrible thing,” telling James and her staff “you don’t have a case.”Before the trial, the judge ruled that the statements were fraudulent. He set in motion punishment that shifts control of some Trump companies to a court-appointed receiver. An appeals court has put that on hold, for now.

 

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Trump's decades of testimony provide some clues about how he'll fight for his real estate empireNEW YORK (AP) — Donald Trump has testified in court as a football owner, casino builder and airline buyer. He bragged in a deposition that he saved “millions...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Trump's decades of testimony provide some clues about how he'll fight for his real estate empireNEW YORK (AP) — Donald Trump has testified in court as a football owner, casino builder and airline buyer. He bragged in a deposition that he saved “millions...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »