LogFAQs > #978882008

CableZL posted...

https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=CJKA2EOIiTRatUAYz6FyeA==&system=prod

The decision is out

I'm surprised "denied reality" is in an actual judge's statement -

The lenders required personal guarantees from Donald Trump, which were based on statements of financial condition compiled by accountants that Donald Trump engaged. The accountants created these compilations based on data submitted by the Trump entities. In order to borrow more and at lower rates, defendants submitted blatantly false financial data to the accountants, resulting in fraudulent financial statements. When confronted at trial with the statements, defendants fact and expert witnesses simply denied reality, and defendants failed to accept responsibility or to impose internal controls to prevent future recurrences