Trump and Cohen Face Off in Court Amidst Asset Inflation Allegations

 

Trump and Cohen Face Off in Court Amidst Asset Inflation Allegations
In a courtroom showdown, former President Donald Trump and his ex-lawyer, Michael Cohen, clashed once again. This time, Cohen testified against the Trump Organization in a civil trial prompted by an extensive investigation led by New York Attorney General Letitia James.

According to Fox News reports, Cohen's appearance in a Manhattan courtroom shed light on alleged practices during his time at the Trump Organization.

He claimed to have inflated Trump's assets at Trump's request. Cohen stated, "Trump told us the number, and I made it happen".


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Furthermore, Cohen revealed that he and former Trump Organization CFO Allen Weisselberg engaged in a process of "reverse-engineering" various asset categories to meet Trump's set targets.


Weisselberg, in a separate case from the Manhattan District Attorney's Office in 2022, admitted to tax violations

spanning over a decade. Donald Trump vigorously denied any wrongdoing, insisting that his assets were actually undervalued.


He emphasized that his financial statements included disclaimers, urging banks to evaluate the figures independently. Trump, present in court for parts of the civil trial, attended proceedings on this crucial day.


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He vehemently criticized Cohen, labeling him a "proven liar" and expressing his lack of concern regarding the testimony.


Dismissing Cohen's credibility. It's important to note that in 2018, Michael Cohen pleaded guilty to a range of charges.


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Including campaign finance violations, making false statements to Congress, and tax evasion. He was subsequently sentenced to three years in prison.


Throughout Cohen's testimony, Trump was observed shaking his head, underscoring the contentious nature of the courtroom encounter.


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This high-stakes trial continues to captivate attention, as the claims and counterclaims unfold in a courtroom

where political and legal narratives converge.


The outcome of this trial could have significant implications for both Trump and his former attorney, Cohen, in the broader legal landscape.

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