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Rhiannon12866

(206,934 posts)
Sat Oct 7, 2023, 01:01 AM Oct 2023

'Staggering deceit': Bogus Trump property valuations laid bare at fraud trial - Alex Wagner - MSNBC



On Day 5 of Donald Trump's fraud trial in New York, former Trump Org official Jeffrey McConney was grilled on the stand about the loose methods used to evaluate the worth of Trump's real estate holdings, resulting in grossly inflated numbers.

Kristy Greenberg, former federal prosecutor, discusses with Alex Wagner. - Aired on 10/06/2023.



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'Staggering deceit': Bogus Trump property valuations laid bare at fraud trial - Alex Wagner - MSNBC (Original Post) Rhiannon12866 Oct 2023 OP
Some forms of accounting . . . Aussie105 Oct 2023 #1

Aussie105

(5,502 posts)
1. Some forms of accounting . . .
Sat Oct 7, 2023, 03:04 AM
Oct 2023

start off with an end number in mind, and then you do the math to make the end number sound kind of ok.

Of course if you do the math twice on the same topic but for different reasons, it helps to make sure the calculated results match up closely.

A real beginner fraudster mistake to have two end results.

Capone was done on tax evasion, because his bookkeeper didn't get it right.

Do these mob bosses learn nothing from each other or from history? Honestly!

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