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Trump expert witness paid nearly $900,000 for testimony in fraud case
(www.theguardian.com)
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this post was submitted on 09 Dec 2023
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politics
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This is the best summary I could come up with:
An accounting expert who came to Donald Trump’s defense in his $250m fraud has racked up nearly $900,000 in fees for his testimony, a court heard on Friday.
New York University Stern School of Business research professor Eli Bartov testified on Thursday that he had found “no evidence here of concealment” in his review of the financial statements at the heart of the case.
In a deposition taken in July, Bartov disclosed that he was being paid $1,350 an hour to work on the case.
According to ABC News, the prosecution’s sole expert witness, Michiel McCarty, chairman and chief executive at the investment bank MM Dillon & Co, was paid about $350,000 for his testimony.
Questioned by lawyers for New York’s attorney general, Bartov said the money had come from the Trump Organization and the former president’s political action committee, Save America.
Trump, his older sons and executives at his company are charged with exaggerating the value of their assets in order to obtain more favorable loans.
The original article contains 279 words, the summary contains 167 words. Saved 40%. I'm a bot and I'm open source!