An expert witness called to testify by Donald Trump's own lawyers in his ongoing fraud trial told the court that lenders should have assumed the former president's financial statements were inaccurate.
Jason Flemmons, who qualified as an expert on accounting, explicitly called out accountant Donald Bender, who represented Trump at the firm Mazars USA and who testified for the prosecution that he would have wanted to see appraisals conducted by the Trump Organization, reported ABC News.
Flemmons, however, testified that lenders should have noted the "buyer beware" signals sent by "highly cautionary language" in their disclaimer, which he said would have allowed Trump to make claims that departed significantly from generally accepted accounting principles.
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He also placed responsibility on Bender and his colleagues at their accounting firm for any inaccurate statements on the Trump Organization's financial records.
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