CNN chief legal analyst Elie Honig was unimpressed with former President Donald Trump’s testimony in his civil fraud trial in New York on Monday.
Trump was questioned by state attorneys about the valuations of his assets, which Attorney General Letitia James says he and the Trump Organization inflated to defraud banks and insurance companies. In September, Judge Arthur Engoronagreed with that charge and issued a partial summary judgment to that effect. James is seeking $250 million from Trump and the revocation of his business licenses.
The former president said he relied on his accountants when valuing his company’s assets.