1. There were no victims
This is very important to Mr Trump. He believes there should be no case because "there was no crime".
"No bank was affected. No bank was hurt," he said moments before the start of the trial, noting that all his loans were paid back on time.
Under this New York statute, however, the attorney general did not have to show that there were victims, only that Mr Trump committed ongoing fraud.
https://www.bbc.com/news/66989373