Former Trump Org. controller breaks down in tears on witness stand in fraud trial

TangledHyphae@lemmy.world to politics @lemmy.world – 169 points –
Former Trump Org. controller breaks down in tears on witness stand in fraud trial | CNN Politics
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“I feel proud of what I did. I think everything was justified. Numbers don’t represent fully what these assets are worth,” McConney said. “I got to do a lot of things normally an accountant wouldn’t be able to do. I’m very proud of the work I did for 35 years.”

eh... maybe there's a reason most accountants aren't allowed to cook the books? maybe? Cry me a river, build a bridge and get over it.

Numbers don’t represent fully what these assets are worth

I'm no accountant, but I'm pretty sure they're supposed to, Jeffrey.

This. Any decent accountant or financial manager would know this. The fact that he made this statement at best means he's incompetent at his job and at worst is an indication of crocodile tears.

Yeah, things aren't worth more than their value unless there's sentimentality associated with it, and no one's getting sentimental over a hotel. Nothing professional will ever value something beyond numbers, this is a gigantic embarrassment for him.

Thing is, it wouldn’t surprise me if this guy was being sincere. Take it to be a sign of our times, but I could see this guy getting lulled into the cult unwittingly. Always remember some Trumpers know what they’re doing and others don’t; the extremists deserve the rack (figuratively, of course), but most of them just deserve a stiff smack in the head and a scolding.

“Look, you can’t just like, appraise things for some kind of dollar value and pretend that that’s what they’re worth.” — This guy’s appraiser.

When I saw the headline, I thought it meant that he was remorseful, but of course he just feels sorry for himself because the law ruined his good thing.

He’s sorry he got caught. Not that he did it. Just that there’s now consequences

Conservatives always gotta be the victim, don't they.

Honestly it's shocking, you'd think there'd be at least one person involved in all this who isn't lower than a snake and dirtier than a rat but no!

I got to do a lot of things normally an accountant wouldn’t be able to do.

Yeah, crime.

Can’t do the time, don’t do the crime.

I’m looking forward to mocking the poor-pity-me-speech from trump when he gets to that stage.

Look, sometimes we have an asset with a book value of $10 mil, which means we can brag about it on social media, just like my uncle used to do - great man, very smart and perfect genes from Levis Strauss. Ok, very creased from ironing but this was before my superior roulette steak company. Perhaps market value is, you know, what they are saying is, ok, approximately 2 bananas when the property tax appraiser comes around. Therefore, the numbers don't represent what the assets are worth. Technically he made a correct statement. Believe me, the best kind of correct. Just like McKinsey and Ivy League. That's what people are saying. Anyway, everyone can have a gaap in judgment. Sometimes our brain is an impaired asset. But I have a special excretory operation and need your support - please donate now and you will be rewarded with an honorary one-sheet ply of branded water closet paper.

"I did it for 35 years! I never thought consequences would every come! sob"

“I loved fraud so much! And then the cops ruined it…”

At one point while reviewing his own handwritten notes, McConney acknowledged his memory was “incorrect” about a specific disclosure on Trump’s statement. Seeing the handwritten edits also published in the final statement version, he acknowledged he must have primarily written the disclosure about asset valuations that deviated from generally accepted accounting principles.

someone get this fraud a golden raspberry

"Waaaahhh, I've been doing this my whole life but I never wanted to get caught!"