Author Joe Hoft is a former international corporate executive in finance and auditing. His expertise and background include managing audit teams across East Asia.
The dumbest case ever just got dumber. The charges brought against President Trump by New York City DA Alvin Bragg make no sense. You would think that if you were going to indict a President of the United States that you would have a case. But this case offers nothing.
DA Bragg should resign. His case against Trump is shockingly weak.
On Tuesday, immediately after receiving the indictment against President Trump, TGP analyzed the document. What stuck out was that Soros-backed Manhattan DA Alvin Bragg claims in his charges that President Trump made the accounting entries himself related to this case.
The Gateway Pundit pointed out previously that this is nonsense. No CEO in the world presiding over a billion-dollar company is making entries in General Ledger or cutting checks. This is total nonsense.
Attorney Mike Davis concurs and labels Bragg’s case as one of the dumbest cases ever.
This indictment is an abomination… it’s unbelievable to me. He is much dumber than I expected…
I don’t get stunned very often. I was stunned by watching his press conference today. It’s because he’s incredibly dumb and his indictment is a complete abomination.
Davis points out that the crimes aren’t identified in the document. Bragg says that he doesn’t have to list the crimes.
The case lists 34 counts. These counts consist of the following accounting actions:
- 11 invoices
- 12 vouchers (in February 2017 there were two vouchers)
- 11 checks cut
These are the 34 charges – they are related to 11 transactions. What’s the crime?
Here is a list in the order in which they are listed in the indictment:
Feb 14
- Invoice- Feb 14
- Voucher -842457
- Voucher- 842460
- Check- 138
March 16-17
- Invoice- Feb 15
- Voucher – 846907
- Check 147
June 19
- Invoice- April 13
- Voucher – 858770
- Check – 2740
May 22
- Invoice – May 22
- Voucher- 855331
- Check – 2700
June 16-19
- Invoice – June 16
- Voucher – 858772
- Check – 2741
July 11
- Invoice- July 11
- Voucher – 861097
- Check – 2781
Aug 1
- Invoice – Aug 1
- Voucher- 863641
- Check- 2821
Sep 11
- Invoice – Sep 11
- Voucher – 868174
- Check – 2908
Oct 18
- Invoice – Oct 18
- Voucher – 872654
- Check – 2944
Nov 20
- Invoice – Nov 20
- Voucher – 876511
- Check – 2980
Dec 1
- Invoice – Dec 1
- Voucher – 877785
- Check – 3006
Many of these transactions appear to be monthly recurring fees being paid perhaps as a retainer? We just don’t know from the filing.
We also don’t know what the amounts are on these individual transactions.
But most notable is that the transactions are from 2017. This was when President Trump was in office and his sons were running his company. President Trump had nothing to do with these transactions.
These transactions also somehow impacted the 2016 election – but they were made in 2017?
And again, President Trump supposedly “made and caused a false record” when these entries were addressed which is insane because no CEO of any billion-dollar enterprise is booking entries in General Ledger (GL).
This doesn’t make sense. Invoices are support for entries posted in the GL when invoices are received. There is no transaction posted in the GL when an invoice is received. The invoice is forwarded to the department that would book the entry in the GL based on adequate support which includes the invoice.
Bragg claims that the invoices received trigger a transaction separate from the vouchers posted in the accounting system. This is not true. Therefore the 11 invoices received are not entries into the GL made by President Trump or anyone. They are documents received from the client. There is no record that is “made or caused” by the invoice independent of the voucher.
THIS IS TRULY THE DUMBEST CASE IN US HISTORY.
The post THERE’S MORE – Alvin Bragg’s Case Against Trump Shows Complete Ignorance and Manipulation of Basic Accounting appeared first on The Gateway Pundit.