美国前总统唐纳德·特朗普在纽约受审2.5亿美元的诉讼这可能会改变帮助特朗普入主白宫的个人财富和房地产帝国。
特朗普，他的儿子们埃里克和小唐。纽约司法部长莱蒂夏·詹姆斯(Letitia James)指控特朗普公司(Trump Organization)高管参与了一项长达十年的计划，在该计划中，他们使用“大量欺诈和虚假陈述行为”来夸大特朗普的净资产，以获得更优惠的贷款条款。这位前总统否认了所有不当行为，他的律师辩称，特朗普所谓的虚高估值是他商业技巧的产物。
证人质疑埃里克·特朗普对评估的回忆
在三个多小时的证词中，房地产高管大卫·麦卡德尔(David McArdle)描述了与埃里克·特朗普(Eric Trump)的多次电话、电子邮件和会面，以评估特朗普集团的几项战利品资产。
但当检察官在法庭上播放埃里克·特朗普(Eric Trump)在此案中作证的视频时，特朗普组织副总裁表示，他不记得曾与麦卡德尔一起做过评估。
“我非常模糊地记得这个名字，”埃里克·特朗普在作证视频中谈到麦卡德尔时说。"我真的没有参与过这处房产的估价工作."
"你认为埃里克·特朗普没有参与你的评估工作吗?"州检察官谢里夫·加布问麦卡德尔。
“没有，”麦卡德尔回答道。
法庭随后休庭一天。
声明似乎忽略了对未开发地段的评估
高纬物业管理公司(Cushman & Wakefield)高管大卫·麦卡德尔(David McArdle)受雇评估纽约州威彻斯特县特朗普国家高尔夫俱乐部(Trump National Golf Club)71个未开发住宅单元的价值，他作证说，2014年和2015年，他还对该物业的保护地役权进行了多次评估。
根据纽约司法部长的说法，签署保护地役权将允许特朗普组织放弃他们的发展权，并将财产价值的差异视为慈善捐赠。
根据2014年4月的评估，通过放弃开发71个住宅单元的权利，麦卡德尔发现这笔捐赠价值4300万美元。麦卡德尔在2015年进行的一次评估得出了类似的4520万美元的估值。
但特朗普那些年的财务报表似乎忽略了这些评估，根据证据文件，未开发单元的土地估价为1.01亿美元。
“根据支持数据，单位数量和单位利润增加的唯一来源是与埃里克·特朗普(Eric Trump)的电话交谈，”纽约司法部长在诉状中称。
麦卡德尔还作证说，他曾被咨询评估特朗普1995年以750万美元购买的纽约房地产Seven Springs。
为了对这片可以细分为24至26个住宅区的房产进行估价，麦卡德尔作证说，他参观了该地，咨询了当地专家，并在多个场合与埃里克·特朗普进行了交谈。
“他对这处房产的评价非常高，这并不令我惊讶，”麦卡德尔说。
他的评估最终确定，2014年这些拍品的总价值为3000万至5000万美元，麦卡德尔说。
但纽约司法部长声称，特朗普在2014年的财务报表中忽略了这一评估，支持一部分未开发地块的“虚假和误导”价值1 . 61亿美元。
估价师说，埃里克·特朗普寻求更高的高尔夫球场估价
一名房地产高管作证说，埃里克·特朗普(Eric Trump)亲自推动提高了纽约市外威彻斯特县特朗普国家高尔夫俱乐部(Trump National Golf Club)71个未开发住宅单元的估价。
房地产公司高纬物业(Cushman & Wakefield)的大卫·麦卡德尔(David McArdle)表示，他受雇评估将在高尔夫球场第18洞球道沿线修建的复式公寓的未来价值。麦卡德尔表示，他个人曾在2013年与特朗普组织副总裁埃里克·特朗普(Eric Trump)就该项目进行过合作。
“埃里克喜欢这个项目。他认为这很特别，”麦卡德尔说。
麦卡德尔说，当麦卡德尔看中4000万至4500万美元之间的价值时，埃里克·特朗普要求更高的价值。
在一封被列为证据的电子邮件中，麦卡德尔就埃里克·特朗普(Eric Trump)一事给一位同事写道:“他一直给我打电话。不回复我很难受，你给他打电话吧。”
麦卡德尔作证说，他希望对埃里克·特朗普表示“尊重”，他希望在未来的项目中与他合作;然而，McArdle说，他和Eric Trump在未开发单元的价值上仍然存在分歧。
“埃里克对价值有一定的看法。他们可能比4500万美元更高，”麦卡德尔作证说。
麦卡德尔说，他对4500万美元的估价很坚定，并补充说，他不想让“埃里克处于弱势地位”，因为评估可能“受到美国国税局或法院的大量审查”
“我们差不多到了最后，超过4500万美元的任何东西都会给人们带来风险，”他说。
贷款人表示，他部分依赖特朗普的财务报表
阶梯资本(Ladder Capital)高管杰克·魏斯勒伯格(Jack Weisselberg)在为特朗普集团(Trump Organization)提供1.6亿美元贷款时，部分依赖于唐纳德·特朗普(Donald Trump)的财务报表，根据他今天早上的证词。
“流动性确实是我们关注的问题，”杰克·魏斯伯格在提到特朗普在2014年财务状况报告中声称的3.02亿美元现金和可出售资产时说。
在受到直接询问时，杰克·魏斯勒伯格拒绝说他完全依赖这份声明，纽约总检察长声称这份声明是虚假夸大的。
“净值是我们在承销过程中关注的众多报表之一。这是一个因素，”杰克·韦塞尔伯格说。
在询问结束时，他从证人席上走了下来，尽管辩护律师保留了在他们的案件中叫他回来的权利。
Trump fraud trial: Witness disputes Eric Trump's recollection of appraisals
Former President Donald Trump is on trial in New York in a$250 million lawsuitthat could alter the personal fortune and real estate empire that helped propel Trump to the White House.
Trump, his sonsEric and Don Jr., and Trump Organization executives are accused by New York Attorney General Letitia James of engaging in a decade-long scheme in which they used "numerous acts of fraud and misrepresentation" to inflate Trump's net worth in order get more favorable loan terms. The former president has denied all wrongdoing and his attorneys have argued that Trump's alleged inflated valuations were a product of his business skill.
Witness disputes Eric Trump's recollection of appraisals
Over three hours of testimony, real estate executive David McArdle described multiple phone calls, emails, and meetings with Eric Trump to appraise several of the Trump Organization's trophy assets.
But when prosecutors played a video in court of the deposition Eric Trump gave in the case, the Trump Organization VP said he didn't recall working on the appraisals with McArdle.
"I recognize the name very vaguely," Eric Trump said of McArdle on the deposition video. "I really haven't been involved in appraisal work on this property."
"Do you believe that Eric Trump was not involved in the appraisals you worked on?" state attorney Sherief Gaber asked McArdle.
"No," McArdle replied.
Court was subsequently adjourned for the day.
Statements appear to ignore appraisals of undeveloped lots
Cushman & Wakefield executive David McArdle, who was hired to appraise the value of 71 undeveloped residential units at the Trump National Golf Club in Westchester County, New York, testified that he also conducted multiple appraisals for conservation easements at the property in 2014 and 2015.
Signing a conservation easement would allow the Trump Organization to give up their development rights and treat the difference in property value as a charitable donation, according to the New York attorney general.
By giving up the right to develop the 71 residential units, McArdle found that the donation was worth $43 million, according to an April 2014 appraisal. A later appraisal McArdle conducted in 2015 landed on a similar valuation of $45.2 million.
But Trump's financial statements from those years appear to ignore the appraisals, valuing the land from the undeveloped units at $101 million, according to documents entered into evidence.
"Based on the supporting data, the only source for the increase in the number of units and profit per unit were telephone conversations with Eric Trump," the New York attorney general alleged in her complaint.
McArdle also testified that he was consulted to appraise Seven Springs, a New York estate Trump purchased for $7.5 million in 1995.
To value the property, which could be subdivided into 24 to 26 residential lots, McArdle testified that he toured the site, consulted a local expert, and spoke with Eric Trump on multiple occasions.
"He had a very high opinion of the property, which didn't surprise me," McArdle said.
His appraisal ultimately determined the total value for the lots in 2014 was $30-$50 million, McArdle said.
But the New York attorney general alleges that appraisal was ignored in Trump's 2014 financial statement, in favor of a "false and misleading" value of $161 million for a portion of the undeveloped lots.
Eric Trump sought higher valuation of golf course, appraiser says
Eric Trump personally pushed for a higher valuation for 71 undeveloped residential units at the Trump National Golf Club in Westchester County outside New York City, a real estate executive testified.
David McArdle of the real estate firm Cushman & Wakefield said he was hired to appraise the future value of the duplex units to be built along the golf course's 18th hole fairway. McArdle said he personally worked with Trump Organization VP Eric Trump on the project in 2013.
"Eric loved this project. He thought it was very special," McArdle said.
When McArdle eyed a value between $40-$45 million, Eric Trump pushed for a higher value, McArdle said.
In an email that was entered into evidence, McArdle wrote to a colleague regarding Eric Trump: "He continues to call me. I am uncomfortable not replying, please call him."
McArdle testified that he wanted to be "respectful" to Eric Trump, who he hoped to work with on future projects; however, McArdle said he and Eric Trump continued to disagree about the value of the undeveloped units.
"Eric had certain ideas about value. They may have been more lofty than $45 million," McArdle testified.
McArdle said was firm on the $45 million valuation, adding that he did not want to put "Eric in a vulnerable position" because the appraisal could be "under a lot of scrutiny by the IRS or a court."
"We were sort of at the end, and anything beyond $45 million would have put people at risk," he said.
Lender says he partially relied on Trump's financial statement
When Ladder Capital executive Jack Weisselberg worked on a $160 million loan for the Trump Organization, he partially relied on Donald Trump's financial statements, according to his testimony this morning.
"The liquidity was really what we were paying attention to," said Jack Weisselberg in reference to the $302 million in cash and marketable assets Trump claimed in his 2014 statement of financial condition.
Pressed on direct examination, Jack Weisselberg declined to say he fully relied on the statement, which the New York attorney general alleges was fraudulently inflated.
"The net worth was one of many statements we were looking at in the underwriting process. It was a factor," Jack Weisselberg said.
He stepped down from the witness stand at the conclusion of questioning, though defense counsel reserved the right to call him back during their case.
