'Smoke and mirrors': Ex-US attorney slams Trump lawyers’ 'honest mistake' in $250M fraud case

During Friday's episode of MSNBC's Deadline: White House, host Nicolle Wallace spoke to ex-U.S. Attorney Harry Litman about ex-President Donald Trump's lawyers' lies about the size Trump's Manhattan penthouse at the Trump Tower in New York Attorney General Letitia James' $250 million fraud case against him, "making up the existence of 20,000 square feet that inflated the value of his property by more than $200 million in that instance alone," according to The Daily Beast.

The Beast reports:

At Friday's hearing, state attorneys presented testimony from the Trump Organization's disgraced chief financial officer, convicted tax cheat Allen Weisselberg, who admitted that the penthouse size listed on official business documents was totally fake. The judge raised the possibility that this total fabrication was an 'honest mistake,' but then quoted Justice Oliver Wendell Holmes, who served on the Supreme Court in the early 1900s.

'Even a dog knows the difference between being kicked and being tripped over. There's a difference between lies and misstatements,' Engoron said.

During Wallace's interview with Litman, she said to the ex- U.S. attorney, "Harry, it feels like this is another example that fits the pattern of truth being on the line in the legal outcome."

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He replied, "Yeah, it does. And that's the overall effort, but of course it's through the looking glass perhaps around the edges. But it is crystal clear down the middle. And it's fanciful to say, when you sign something to a bank and say, 'this is how much it's worth,' then it turns out to be worth one-quarter of that, that somehow there's some subjective intent defense. And of course, you know, an apartment's either 10,000 or 30,000 square feet. This is, as you say, the really old stuff. This is what we heard about from Michael Cohen way back when before congress. And it was an m.o. of the Trump Organization."

Litman emphasized, "And by the way, one thing that really puts the lie to it is the valuations of some of the same properties would differ when they wanted to lowball, say for taxes. So, as you suggest, if this point of view of, 'Oh, it's just subjective,' actually held, there could be no fraud. Fraud means a lie. And that means when they wrote that down and signed it, they knew it wasn't worth that and worth anything like it. They can try to argue that they did, but you know, there are facts here. And there are valuations here. And it doesn't help if the bank looked at it in a second way. They lied. They lied down the middle. That's fraud. everything else is just smoke and mirrors."

Watch the video below or at this link.

'Smoke and mirrors': Analyst slams Trump over lying about fraud youtu.be

READ MORE: 'Political gambit': Why Trump’s bid to oust judge from $250M fraud case will likely be 'shot down'

The Daily Beast's full report is available at this link (subscription required).

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