![]() His attorneys have roundly rejected the premise of the lawsuit and have defended the Trump Organization’s business practises against what they believe is a politcally motivated stunt.Įric Trump and Donald Trump Jr claimed they had nothing to do with the creation of their father’s financial statements, while evidence reviewed at trial appeared to show they were involved with the information contained inside them. The trial has placed Mr Trump under a level of scrutiny that threatens to expose the narrative that built up his political persona as he campaigns for president once again while facing four criminal trials and several lawsuits. ![]() Ms James’s lawsuit argues that Mr Trump fraudulently inflated his net worth by as much as $2.2bn in one year and by hundreds of millions of dollars in other years over a decade. State attorneys have argued that Mr Trump’s annual statements of financial condition – the documents at the heart of the case – included false or misleading valuations of the Trump Organization’s vast real estate portfolio and other assets that were then shared with banks, lenders and other institutions to gain more favourable financing terms. Neither Mr Trump nor Eric Trump were cross-examined by their attorneys during their previous testimony. In his meandering testimony, Mr Trump lashed out at the attorney general, the judge overseeing the case, the trial itself and the lawyers who questioned him as he dodged responsibility for the allegedly fraudulent valuations of his net worth and assets. The civil trial, now in its ninth week, could result in tens of millions of dollars in fines against them, and largely prohibit the Trumps from doing business in the state. Judge Arthur Engoron already has found the defendants liable for fraud. Mr Trump’s oldest daughter Ivanka Trump, who successfully removed herself as a defendant from the lawsuit, was the last witness introduced by lawyers for Ms James’s office. On 6 November, the leading candidate for the 2024 Republican nomination for president was among the closing witnesses for lawyers from the office of New York Attorney General Letitia James, who is suing Mr Trump, his two adult sons, their chief associates and the Trump Organization for defrauding banks and investors with grossly inflated statements of his financial condition. ![]() Eric Trump is scheduled to testify on 6 December, and his father is scheduled to appear on the witness stand on 11 December, according to lead attorney Christopher Kise. ![]()
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