Donald Trump New York Fraud Trial: Former Trump Organization Executive Cries While Testifying
Donald Trump's defense team continued arguing their case and called in former Trump Organization Corporate Controller Jeffrey McConney, the company's top accountant, to the stand as their witness in the former president's New York fraud trial.
McConney had served as the corporate controller for the Trump Organization for a long time and was tearing up on the stand when he testified that he had to quit his job because of the company's mounting legal problems.
According to the Associated Press, when asked by defense lawyer Jesus M. Suarez about why he does not work for the company anymore, McConney was seen taking off his glasses and wiping his eyes with tissues as he reflected on his 35 years working for the embattled company.
"I'm very proud of the work that I did," he told the Trump defense lawyer. "I just wanted to relax and stop being accused of misrepresenting assets for the company that I loved working for. I'm sorry."
The former Trump Organization executive is also a defendant in the Donald Trump New York fraud trial as he is one of the executives accused of fraudulently inflating the former president's wealth in his financial statements, therefore securing better loans and deals from banks and other lenders.
Former Trump Organization Executive Accused of Helping Donald Trump Inflate His Assets
As McConney was crying at the stand, he was also accused by New York Attorney General Letitia James of helping the Trump family, as well as his direct superior, former Trump Organization CFO Allen Weisselberg, of faking business paperwork.
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According to The Daily Beast, McConney was tasked with mostly overseeing the Trump Organization's mundane internal finances and approving all kinds of checks made by Donald Trump himself. However, he is also accused of taking part in some of Trump's more questionable activities, from directing funds meant for charity to then-Florida Attorney General Pam Bondi to helping company executives dodge taxes. This was exposed in a trial last year when his direct boss, Allen Weisselberg, was sent to prison for tax evasion and fraud.
The Trump Organization's former top accountant is now taking all the blame for Trump, saying that the inflated numbers for the Trump properties were all thanks to his personal "mistakes." When grilled by prosecutors about his role in the alleged bank and insurance fraud plot, he claimed that he knew nothing.
Another Trump Witness Tripped Up When Presented With Evidence
The defense also called in David Miller as an expert witness. Miller is an underwriting expert and testified he has never seen insurance underwriters rely on media outlets when making their assessments. However, prosecutors were ready for this and presented a report that was written by Miller himself that contradicted his testimony.
According to Raw Story, State Attorney Andrew Amer pointed out that Miller's own report stated, Some underwriters do not require financials and instead use their experience and other means (such as Forbes and USA Today) to satisfy their underwriting needs."
This article is owned by Latin Post.
Written by: Rick Martin
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