"Trump Fraud Trial: Donald Trump Jr.'s Testimony Under Scrutiny"

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Source: Business Insider
"Trump Fraud Trial: Donald Trump Jr.'s Testimony Under Scrutiny"
Photo: Business Insider
TL;DR Summary

In Donald Trump's New York fraud trial, his defense team presented expert witnesses who argued that property appraisals are subjective and can be manipulated to achieve desired outcomes. The experts emphasized the various methodologies that can be used to determine a property's value, including liquidation value, reproduction value, assessed value for property tax purposes, and comparable sales. They asserted that there is no right or wrong method as long as it is disclosed. The defense case is expected to continue for another month, with the state seeking financial penalties and a permanent ban on Trump and his sons from running a business in New York.

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