Mostly correct. Trump was found guilty of significantly inflating the value of his properties already. There are still charges over falsification of business records, insurance fraud, and conspiracy to commit fraud. Those don’t have guilty verdicts yet. Damages haven’t been decided, as you note.
It’s also worth noting that this is a civil trial. That means that refusal to answer questions can result in “adverse inference” where the assumption will be that the worst possible answer was given (an admission of guilt). It may still be worthwhile to refuse to answer, e.g. under 5th amendment protections to avoid incriminating oneself on criminal charges. Criminal charges can be brought based on testimony given in civil trials, but adverse inference isn’t enough to get criminal charges.
Mostly correct. Trump was found guilty of significantly inflating the value of his properties already. There are still charges over falsification of business records, insurance fraud, and conspiracy to commit fraud. Those don’t have guilty verdicts yet. Damages haven’t been decided, as you note.
It’s also worth noting that this is a civil trial. That means that refusal to answer questions can result in “adverse inference” where the assumption will be that the worst possible answer was given (an admission of guilt). It may still be worthwhile to refuse to answer, e.g. under 5th amendment protections to avoid incriminating oneself on criminal charges. Criminal charges can be brought based on testimony given in civil trials, but adverse inference isn’t enough to get criminal charges.