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this post was submitted on 05 Oct 2023
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If those arguments have merit then they'll have to sort out the details of how much Trump overvalued his properties. As I understand it that is the purpose of the trial at this point.
The Florida-based real estate pros referenced in the article didn't throw out any estimated values of Mar a Lago, and they didn't suggest it hadn't been overvalued by Trump.
The lawyer in NYC quoted seems to have little concern over the whole thing.
| Cintron, the Harrington Ocko & Monk partner, doesn’t think the Mar-a-Lago valuation controversy moves the needle on the question of whether Trump committed fraud.
| “There is enough of a pattern of this practice that he’s engaged with in respect to his properties to support Judge Engoron’s conclusions that there was an intent to defraud,” Cintron said.
EDIT: Apologies for formatting, I haven't figured out quotes in Lemmy
This I agree with. In the end, what Trump's team is arguing is that "hey, I only committed a little fraud, not the amount they're accusing me of!", as if that's all that much better.
But it does open the door enough for Trump's team to be able to use it as a basis for appeal, especially if those incorrect estimates are tied in any way to the verdict or damages he's going to have to pay. And unfortunately, Trump has an amazing talent of being able to kick the door in if you leave it open enough for him to even squeeze in a toe.
Going by the events of recent history, I'm inclined to agree that they'll weasel out of appropriate consequences by arguing over anything except the main points.
It sure would be nice if the NY court proves us both wrong. I believe that if just one of the cases follows through holding his feet to the fire (including on appeal), the other courts will be much more inclined to follow suit.