'Just plain fraud': Former prosecutor says Trump appeals look DOA
November 07, 2023
Former President Donald Trump and his attorneys are hoping to overturn Judge Arthur Engoron's rulings against the Trump Organization on appeal, but former federal prosecutor Kristy Greenberg said that those hopes appear to be dead on arrival.
Appearing on CNN, Greenberg broke down the Trump team's legal strategy for mounting an appeal by arguing that the valuations listed in financial statements provided to banks were not really to be taken at face value, while also arguing those statements were still good-faith estimates of the former president's properties.
"They were laying the record for an appeal with a lot of defense -- these weren't material misstatements, nobody relied on the misstatements," she said. "Again, I think, legally they're not on solid ground there... this idea of good faith, we acted in good faith, that will be something else that they raise on appeal."
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She then outlined while these strategies were likely to fall short.
"The problem is, as you said, a lot of these examples are egregious," she said. "This isn't a matter of, 'Well, there's some wiggle room here.' If anybody were to go in and seek a loan from their bank and say, 'Well, my house or my apartment is three times the size of what it is, and 400 percent valued higher than what it is,' like, that's fraud. That's not, oh, we got some of the accounting principles wrong. That's just plain fraud, and so I don't think he really is going to have much room to succeed on appeal."
Watch the video below or at this link.