Guest post by Joe Hoft At one point in my corporate career, I oversaw the financial reporting on multimillion and billion-dollar blocks of business for a US Fortune 500 corporation.I was able to do this in part because of my education and designations (including an MBA, CPA, etc…) and thanks to my experience in the industry.When I look over the case against President Trump coming out of New York I am appalled that it ever made it to the courtroom.The Bragg case is based on accounting activities that the state of New York says are crimes.As you will see below, these activities are not crimes and they don’t even make sense.
Corrupt Soros-backed DA in Manhattan, Alvin Bragg, and the Trump-hating gang of former Obama White House and Biden DOJ members, dropped a BS indictment against President Trump in April 2023.Below is the indictment: The activities for which President Trump is charged all occurred after President Trump handed his multi-billion dollar organization over to the control of his sons.President Trump Shares Joe Hoft Article on Truth Social – The Timing of Events in Soros-Backed DA Bragg Indictment of President Trump Invalidates the Entire Case President Trump was not running his companies at the time of these events.
He had handed over control of these operations to his sons.What a crock.The idea that President Trump, the head of a multi-billion dollar entity had anything to do with the accounting entries in his organization is lunacy.He never did and never will have anything to do with accounting entries in his organization.That’s what accountants are for.President Trump is not an accountant and the Soros-backed and Obama/Biden-connected attorneys behind this case are not objective and fair-minded prosecutors and they certainly aren’t accountants either.
The indictment doesn’t even say what the crimes are because there are none.(Note that Twitter will not allow me to embed this tweet ).I base this on my own experience overseeing the financial reporting for a billion-dollar block of business.I never discussed any accounting entries with the company’s CEO.
For that matter, I discussed results but never discussed accounting entries with our corporate CFO either.As a matter of fact, I never made entries into the ledger myself.I had hundreds of individuals around the globe who made these entries.This case is lunacy.Trending: JFK’s Grandson Attacks RFK Jr.by Reading DNC Talking Points From His Car – The Responses Are Brutal (VIDEO) With Hunter Biden, the DOJ waited until the statute of limitations passed before addressing his tax crimes.
With President Trump, Soros-backed Bragg, ignores the statute of limitations which passed four years ago, and makes up crimes out of thin air.Will just let this statement sit until Bragg shows how future events have ever impacted current events.If these were issues then management would make adjustments but these adjustments would not impact taxes or income since they were reported in the wrong bucket and likely didn’t impact the bottom line.Adjustments happen all the time.
They are not crimes.Auditors rely on prior years’ work in the current year.I have never heard of an auditor going back five years when performing an audit.Never.
There simply is not enough time.And again, if they did, any issues would be posted as adjusting entries.There are not crimes.The “felonies” listed in Bragg’s case are related to 11 payments allegedly made to crooked Michael Cohen – 11 invoices, 12 vouchers, 11 checks or wires.
Invoices are received from vendors – not made by anyone in Trump org – Trump has no control over these.Charging President Trump with a felony for receiving an invoice is like charging any American a felony for receiving a letter in the mail.An invoice is sent from a vendor.The vendor controls when it is sent.
President Trump did not commit a felony when he received these invoices or any invoices from any vendors he does business with.They are clearly Trumped-up charges.Entries are made every day in the US by accountants in businesses of various sizes.These are not crimes.They can be addressed if they are made in error.
How can Bragg prove that President Trump intended to commit fraud on each one of these events? This entire case is BS.The real criminals are the many individuals working in collusion to destroy this country and President Trump..