In the afternoon, #Trump's atty cross-examined #DougLarson, the appraiser, on his professions' minutiae: the difference between market value & investment value, & whether appraisals & valuations were different.

Larson said appraisals MUST COMPLY w/ #USPAP.

Trump left the court soon after, ~1hr before proceedings concluded.

#law #civil #conspiracy #fraud #TrumpOrganization #NYAG #LetitiaJames #TrumpTrial

(#Trump)… heard testimony about compliance w/ #USPAP — Uniform Standards of Professional #Appraisal Practice. He… heard testimony by an outside expert appraiser (hired by a #bank that had been considering giving Trump a #loan) in which he expressed surprise at seeing his name cited in notes in a #TrumpOrganization dataset, as if he had advised the company on a $735M valuation of its 40 Wall Street property.

#legal #law #civil #conspiracy #fraud #NYAG #LetitiaJames #TrumpTrial