Current:Home > FinanceJudge criticizes Trump’s expert witness as he again refuses to toss fraud lawsuit -Blueprint Money Mastery
Judge criticizes Trump’s expert witness as he again refuses to toss fraud lawsuit
Fastexy Exchange View
Date:2025-04-07 14:13:01
NEW YORK (AP) — Former President Donald Trump has lost his latest bid to end the business fraud lawsuit he faces in New York as he campaigns to reclaim the White House.
Judge Arthur Engoron issued a written ruling Monday denying the Republican’s latest request for a verdict in his favor in a lawsuit brought by New York Attorney General Letitia James.
And in doing so, the judge dismissed the credibility of one of Trump’s expert witnesses at the trial, a professor who testified that he saw no fraud in the former president’s financial statements.
The trial is centered on allegations Trump and other company officials exaggerated his wealth and inflated the value of his assets to secure loans and close business deals.
In the three-page ruling, Engoron wrote that the “most glaring” flaw of Trump’s argument was to assume that the testimony provided by Eli Bartov, an accounting professor at New York University, and other expert witnesses would be accepted by the court as “true and accurate.”
“Bartov is a tenured professor, but the only thing his testimony proves is that for a million or so dollars, some experts will say whatever you want them to say,” Engoron wrote.
Bartov, who was paid nearly $900,000 for his work on the trial, said in an email that the judge had mischaracterized his testimony.
Trump took to his defense, calling Engoron’s comments about Bartov a “great insult to a man of impeccable character and qualifications” as he excoriated the judge’s decision.
“Judge Engoron challenges the highly respected Expert Witness for receiving fees, which is standard and accepted practice for Expert Witnesses,” Trump wrote on his social media platform Truth Social.
During testimony earlier this month, Bartov disputed the attorney general’s claims that Trump’s financial statements were filled with fraudulently inflated values for such signature assets as his Trump Tower penthouse and his Mar-a-Lago club in Florida.
Bartov said there was “no evidence whatsoever of any accounting fraud.”
But Engoron, in his ruling Monday, noted that he had already ruled that there were “numerous obvious errors” in Trump’s financial statements.
“By doggedly attempting to justify every misstatement, Professor Bartov lost all credibility,” the judge wrote.
In an email to The Associated Press, Bartov said he never “remotely implied” at the trial that Trump’s financial statements were “accurate in every respect,” only that the errors were inadvertent and there was “no evidence of concealment or forgery.”
Bartov also argued that he billed Trump at his standard rate.
Closing arguments are scheduled for Jan. 11 in Manhattan.
__
Associated Press reporter Michael Sisak in New York contributed to this story.
veryGood! (656)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- Who's performed at the DNC? Lil Jon, Patti LaBelle, Stevie Wonder, more hit the stage
- Biden speaks with Netanyahu as US prods Israel and Hamas to come to agreement on cease-fire deal
- 3-month-old baby is fatally mauled by dogs in attic while parents smoked pot, police say
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- NWSL scraps draft in new CBA, a first in US but typical elsewhere in soccer
- Why Instagram's Latest Update Is Giving MySpace Vibes
- Your college student may be paying thousands in fees for a service they don't need
- In ‘Nickel Boys,’ striving for a new way to see
- Georgia man who accused NBA star Dwight Howard of sexual assault drops suit
Ranking
- Meet first time Grammy nominee Charley Crockett
- 'It's going to be different': Raheem Morris carries lessons into fresh chance with Falcons
- Which Love Is Blind UK Couples Got Married and Which Ones Split?
- 'Ben Affleck, hang in there!' Mindy Kaling jokes as Democratic National Convention host
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- How Jay Leno Was Involved in Case of Missing Hiker Found After 30 Hours in Forest
- Seattle Mariners fire manager Scott Servais in midst of midseason collapse, according to report
- Want an EV With 600 Miles of Range? It’s Coming
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Jessica Alba Shares Heartwarming Insight Into Family Life With Her and Cash Warren’s 3 Kids
Floridians balk at DeSantis administration plan to build golf courses at state parks
His dad died from listeria tied to Boar’s Head meat. He needed to share his story.
Meta releases AI model to enhance Metaverse experience
Beyoncé's Cécred hair care line taps 'Love Island' star Serena Page for new video: Watch
Little League World Series live: Updates, Highlights for LLWS games Thursday
Stranger Things' Priah Ferguson Talks Finale & Bath & Body Works Drop—Including an Eddie’s Jacket Candle