BBC News: <\/p>\n\n\n\n
Donald Trump “arbitrarily” inflated the value of his properties on financial statements, the former president’s fraud trial in New York has heard.<\/strong><\/p>\n\n\n\n His former lawyer, Michael Cohen, told the court he helped come up with “whatever number Trump told us to” on the real estate assets.<\/p>\n\n\n\n Cohen, a fixer-turned-foe of Mr Trump, is a key witness in the trial.<\/p>\n\n\n\n The judge has already ruled that Mr Trump inflated the value of his properties to secure favourable loans.<\/p>\n\n\n\n In addition to this civil trial, the former president is battling four criminal cases while he campaigns for the White House.<\/p>\n\n\n\n On the witness stand in the Manhattan court on Tuesday, Cohen said one of his responsibilities was to “reverse engineer” assets to increase their value based on a number “arbitrarily elected” by Mr Trump.<\/p>\n\n\n\n He said he and former Trump Organization finance chief Allen Weisselberg would work until they reached their boss’s “desired goal”.<\/p>\n\n\n\n Cohen also said Mr Trump had tried to use financial documents with inflated assets in his unsuccessful 2014 bid to buy the Buffalo Bills, a National Football League team.<\/p>\n","protected":false},"excerpt":{"rendered":" BBC News: Donald Trump “arbitrarily” inflated the value of his properties on financial statements, the former president’s fraud trial in New York has heard. His former lawyer, Michael Cohen, told the court he helped come up with “whatever number Trump told us to” on the real estate assets. Cohen, a fixer-turned-foe of Mr Trump, is a key witness in the trial. The judge has already ruled that Mr Trump inflated the value of his properties to secure favourable loans. In addition to this civil trial, the former president is battling four criminal cases while he campaigns for the White House…. <\/p>\n","protected":false},"author":1,"featured_media":35776,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-35775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-in-english"],"_links":{"self":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/35775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35775"}],"version-history":[{"count":1,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/35775\/revisions"}],"predecessor-version":[{"id":35777,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/35775\/revisions\/35777"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/media\/35776"}],"wp:attachment":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}