Trump's attorneys argued yesterday that the relevant conduct is when the loan "closed." But Engoron reiterated in court today that he rejected that theory.
"Every use of a [false] statement of financial condition in business starts the statute of limitations running again," Engoron said on Tuesday morning.
This makes sense. The judge told the prosecutor to only introduce evidence that precedes the statue of limitations date if it can be linked to activity that tells after the statue of limitations date. The prosecutor acknowledges this. Trump views it as an assertion that the statue date is a hard cutoff for relevance because he either doesn't understand nuance or his strategy is to pretend nuance doesn't exist.
His criminal enterprise was active, ongoing, and built on fraud. The fact that the original fraud occurred before the statue date doesn't make the current fraud less fraud.
Trump's utterly impotent. As the cadence of his court appearances picks up, I think even his supporters will lose their capacity for outrage and will be completely overwhelmed by the volume of bad news coming out about him.
It's a matter of opinion what a building is worth, not a hard fact. For example, if there are two buildings for sale, exactly the same, right next to each other and one is owned by Trump, that would be worth more because he is an ex-president. This is not "fraud", and everybody knows this. I understand that this is a simplification of it, but it is true.
He paid off all of the bank loans, with interest, and none had a problem with fraud or debt.
The only reason that this trial is taking place, is because the Democrats want to deny him his right to run for president again. The Attorney General of NYS, Letitia James, actually made a promise to "get Trump", during her campaign. She is doing this, because she wants to run for Governor of NYS, and believes that beating Trump in court will help her to win. Considering the violent crime upsurge in New York, which she ignores, her obsession with Trump is a disgrace.
The Democrats wasted unbelievable amounts of money on the Russia Collusion hoax, which turned out to be entirely false, so they are pursuing other ways of "getting" Trump, for petty things that are not worth the effort, normally.
The attempt to harm him is backfiring in New York. He is now getting free publicity, much more than if he was on the campaign trail, every day that he is in the courtroom.
He will turn everything these Democrats try to do to him, into a win for himself, and the reason for this is that he is smarter than all of them.
His son-in-law Jared Kushner is very wealthy, his wife and family members are multi-millionaires, and even if the Democrats get most of his own current net worth of several billion dollars, which is highly unlikely, he will still be very wealthy, and popular.