The MeidasTouch Podcast - SMOKING GUN Proof of Trump FRAUD Introduced at Trial

Episode Date: October 6, 2023

MeidasTouch host Ben Meiselas reports on how New York prosecutors introduced powerful evidence against Donald Trump and the Trump organization on day 4 of trial after Trump ran back to Florida.  Hea...d to https://manukora.com/meidas or use code MEIDAS to automatically get a free pack of honey sticks with your order — a $15 value! Remember to subscribe to ALL the Meidas Media Podcasts: MeidasTouch: https://pod.link/1510240831 Legal AF: https://pod.link/1580828595 The PoliticsGirl Podcast: https://pod.link/1595408601 The Influence Continuum: https://pod.link/1603773245 Kremlin File: https://pod.link/1575837599 Mea Culpa with Michael Cohen: https://pod.link/1530639447 The Weekend Show: https://pod.link/1612691018 The Tony Michaels Podcast: https://pod.link/1561049560 American Psyop: https://pod.link/1652143101 Burn the Boats: https://pod.link/1485464343 Majority 54: https://pod.link/1309354521 Political Beatdown: https://pod.link/1669634407 Lights On with Jessica Denson: https://pod.link/1676844320 Uncovered: https://pod.link/1690214260 Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:01:14 I would say yes. with the New York Attorney General's civil fraud case, which is currently in day four of trial, where Trump's saying he doesn't know generally accepted accounting principles, but he's such a good businessman. I'm Ben Mycelis from the Midas Touch Network. We've been covering each of the days of trial so far in the New York Attorney General's civil fraud case. And as we previously reported, after day three of Donald Trump showing up at trial during the lunch break, Donald Trump just left. He had a temper tantrum, which many observers believe that he decided to leave after this gag order was imposed on him. And I think that's part of the reason that he left. But when you really understand the pathology of Donald Trump and you know what a
Starting point is 00:02:13 coward he is, Donald Trump knew that Jeff McConney was going to testify on day four. Jeff McConney is Donald Trump's controller, who we now learn today is a former controller he no longer works at the Trump organization more on that in a moment and Donald Trump realized that the smoking gun evidence against him was going to come out in today's proceeding and that is exactly what went down during today's proceedings where Jeff McConney, Donald Trump's former controller, testified and said that Donald Trump had the ultimate sign off on all of the statement of financial conditions, that Donald Trump was ultimately aware of everything, that Donald Trump was the one who was the ultimate person, that the disclaimers, you know, the worthless clause that Donald Trump would always talk about that he says made him immune to any types of lawsuits despite all of the fraud that he committed. Well, as Jeff McConaughey testified today, that actually what the worthless clause said, which doesn't even really exist, is don't blame the outside accountants. The
Starting point is 00:03:32 representations that are being made are provided by Donald Trump and the Trump organization. So blame the Trump organization. And then as part of Jeff McConaughey's testimony today as well, we saw that Donald Trump had final sign off. Donald Trump was aware of all of the financials and that the misrepresentations came directly from Donald Trump. One of the things that we are also aware about based on the testimony from Jeff McConaHoney is that Donald Trump's net worth is not as high as Donald Trump said his net worth was going to be or is. And that McHoney said there were numerous occasions where Donald Trump would try to inflate his net worth, but that the banks like Deutsche Bank would try to write it down and would call him out for constantly doing that.
Starting point is 00:04:27 And they were aware internally of the ongoing and persistent fraud that took place. So the real reason why Donald Trump, I think, didn't show up to trial today is because he knew that there was going to be all this smoking gun evidence that was going to be introduced. And that's ultimately why he fled. So just to take you through what went down earlier today, we had the outside accountant from the Mazers firm finished testifying. And then we had Jeff McConaughey, Donald Trump's controller, testify. Now, we previously have talked about testimony from Jeff McConaughey in connection with the Manhattan District Attorney criminal case against Donald Trump. And in the Manhattan District Attorney criminal case, McConaughey was one of the main star witnesses who performed
Starting point is 00:05:19 horribly. The jury said McConaughey was a liar, McCona Makani was the worst. And remember, the jury in that case convicted the Trump organization on over a dozen felony counts in within a few hours of deliberation. That's how bad Makani was. And in the district attorney criminal case against the Trump organization, Trump was too big of a coward to show up and ultimately testify. By the way, the way this trial is going, you can mark it right here. I think there's a 50-50 chance that Donald Trump won't show up to testify. I think what Donald Trump may end up deciding to do, even though he testified and gave his deposition, like I showed you at the beginning of this episode, things are going so bad. The evidence is so devastating to
Starting point is 00:06:10 him. I think part of the stunt that we've seen as well take place on the first few days of trial where Donald Trump was lashing out. I think Trump is also setting it up in his own mind where I'm to say, this is so unfair. This is a sham. I'm not even going to testify. That's why I'm going to invoke the fifth. I think he's going to be too cowardly to ever show back up in this court. This episode of the Midas Touch podcast is brought to you by Manicora Honey. Now, when I say the word honey, you might be thinking of that stuff that comes in the plastic bear shaped bottle at the supermarket. Well, this is nothing like that. Manakora makes Manuka honey, a super honey that comes from New Zealand where the bees only feed
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Starting point is 00:07:36 that melts in your mouth, and it's unlike anything I've ever had. I can grab a spoonful out of the jar and put it in my favorite beverage, or squeeze some honey out on some toast or oatmeal. It's delicious. Each morning, I start my day with a spoonful of Manuka honey and it is a game changer. Now, if you head to Manucora.com slash Midas or use code Midas, you'll automatically get an extra free pack of the 850 plus honey sticks with your order. That's a $15 value. Now, I love the jar. I love the squeeze bottle. But the extra pack of compostable honey sticks is a perfect game-changing
Starting point is 00:08:11 move for whenever you're on the go. You can bring them with you when you're traveling or when you need a quick snack or running quick errands or if you need an energy boost if you're on a run or at the gym. That's M-A-N-U-K-O-R-A dot com slash Midas or use code Midas to get free pack of compostable honey sticks with your order. You haven't tasted or seen honey like this before. So indulge and try some honey with superpowers from Manicora. So anyway, Jeff McConaughey started testifying earlier after the outside accountant, Jeff McConaughey, who's identified as the Trump Organization controller. But we learned right away that McConney, after the criminal case, actually retired. He's no longer working at the Trump Organization. He claims he got a $500,000
Starting point is 00:08:59 severance package, but Trump has only paid him $375,000. The other $125,000 as part of the severance package, the severance agreement is contingent. Contingent upon what? I don't know, maybe contingent upon testimony like this. And by the way, if you recall Alan Weisselberg's testimony in the Manhattan District Attorney criminal case, same thing. Weisselberg's testimony in the Manhattan district attorney criminal case, same thing. Weisselberg had said that he was not paid all of the money he was supposed to get. And again, seems like Donald Trump was holding that over their heads. So when McCartney was asked, is it contingent upon anything? McCartney said, no, but I'll leave you to be the judge there. Then the prosecutor for the New York attorney general's office reviewed the contract between McConaughey and the Trump organization reviewed McConaughey and the Trump organization's contract with the Mazers firm, the outside firm, and went through the disclaimers, the worthless provisions and all of that. And the New York attorney general went to Trump's top financial guy, Jeff McConney, and said,
Starting point is 00:10:14 so just to be clear, the burden here on the accuracy of the financials is not on the Mazers accounting firm. It was on you. It was on Donald Trump. It was on the Trump organization. Is that correct? And Makani conceded under cross-examination. Yep, that is correct. It was the Trump organization's responsibility because yesterday all the Trump lawyers were trying to attack, attack, and continue to attack the Mazars outside accountant and put that person on trial. So that's now completely blown up. And then goes on to say they showed Makani financials and we see the 2013 Mazers compilation report, which Makani then marked up. So Mazers, the outside accounting firm, turned over the financials to Makani, outside accounting firm to Makani and the Trump organization, said, here are the numbers
Starting point is 00:11:16 that we think. And ultimately, the valuations of the properties had a interlineation next to it. And it said the following DJT to get final review, Donald J. Trump to review these numbers where ultimately Donald Trump had the final and ultimate approval. So I showed you at the beginning of this video, the deposition of Donald Trump. Let me show you the deposition right now of Allen Weisselberg, the CFO of the Trump organization. You saw Trump at the beginning saying that he doesn't know about generally accepted accounting principles. Let me show you Weisselberg. Play the clip. If I said the phrase GAP, G-A-A-P, are you familiar with that acronym? I've heard of that, yes. Okay. Tell me everything you know about GAP. What is GAP? Generally accepted accounting principles. I don't know what's in GAP. I never took the CPA exam.
Starting point is 00:12:15 Okay. I never studied for it. So I don't know all the various components of what GAP is. Are there any components you know about what GAP is? Not really. Okay. No. All right. So that's Weisselberg. Now let me show you Don Jr. Does Don Jr. know about generally accepted accounting principles? Play the clip. Do you have any familiarity with an acronym GAAP, G-A-A-P? Generally accepted accounting principles, yes. Okay, how did you become familiar with that acronym? Probably an accounting 101 at Wharton. Okay, what do they teach you about generally accepted accounting principles in Wharton? Well,
Starting point is 00:12:57 I'm not an accountant, but that they are generally accepted. Anything else? That's anything else that's that's pretty much what i remember from accounting 101 have you told me everything you know about tap uh basically uh you know i i'm sure i could come up with some creative uh stuff to kill time but i'd be doing neither of us a favor in terms of educating ourselves and finally eric trump who was purportedly the one who Donald Trump said was the one who is in charge of the Trump organization during the relevant time period. Does Eric Trump, has he ever even reviewed a statement of financial condition? Play the clip. I don't remember a video conference in 2021 talking about the statement of financial condition. Did I? I mean, maybe you could show me something. But I, you know, again, I don't think I ever signed a statement of financial condition. I don't.
Starting point is 00:13:53 You know, I've done a lot to try and jog my memory, and I simply can't because I don't think I've ever had any involvement in the statement of financial condition, to the best of my knowledge. So, folks, smoking gun evidence released. That's why I think Donald Trump left. I would not be shocked if Donald Trump doesn't return. Let me know what you think in the comments below. Make sure you subscribe to the Midas Touch Network. We're on our way to 2 million subscribers and check us out at patreon.com slash Midas Touch. Have a great day. Hey, Midas Mighty. Love this report? Continue the conversation by following us on Instagram at Midas Touch to keep up with the most important news of the day. What are you waiting
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