Donald Trump Jr. to testify in father’s civil fraud trial

NEW YORK, Nov 1 (Reuters) – Donald Trump’s son Donald Trump Jr. is scheduled to testify on Wednesday afternoon in a New York civil fraud trial that accuses the former U.S. president and his family businesses of inflating property values ​​for lenders and insurers.

Donald Jr., executive vice president of the Trump Organization and a co-defendant in the suit, will be the first of Trump’s adult children to take the stand, followed by Eric and Ivanka Trump. Their father is scheduled to testify Monday.

The case is one of several legal issues facing Trump as he campaigns to recapture the White House. Polls show him leading his rivals for the Republican presidential nomination to face Democrat Joe Biden in the November 2024 election.

The elder Trump also faces four separate criminal charges, including one related to trying to overturn his 2020 election loss in Washington and Georgia.

The lawsuit by Democratic New York Attorney General Letitia James alleges that Trump, his two adult sons and some of their family businesses inflated their assets by billions of dollars to get better loan terms.

Trump has denied wrongdoing and has repeatedly accused James and Judge Arthur Engoran of political bias.

“Leave my children alone Engoron. You are a disgrace to the legal profession!” she wrote on social media on Wednesday morning.

See also  Google Accounts now supports passkeys for passwordless sign-in

Trump is under a limited gag order barring him from speaking publicly about court employees, but has violated it twice and was fined $15,000 for assaulting Engron’s top clerk. He did not face sanctions for the attacks on Engron or James.

A Washington judge has also imposed a limited gag order overseeing his federal election tampering investigation. Trump has accused both of violating free speech.

appears from time to time

Trump was not required to attend the hearing, but showed up occasionally for a dramatic reunion with his former attorney and fixer Michael Cohen, who testified against his former boss last week.

Appearing face-to-face with Trump for the first time since Trump’s acrimonious break five years ago, Cohen said Trump instructed him to raise asset values ​​to achieve his desired arbitrary net worth.

It was not immediately clear whether Trump would appear for Wednesday’s hearing. A campaign event is scheduled for Thursday in Houston, when Eric Trump will be there to testify.

Donald Jr., who along with co-defendant Eric Trump largely took over management of the Trump Organization from his father in 2017, is a central player in the case overseeing the crown jewel of the Trump real estate empire.

She also served as a political attack dog for her father, and her testimony could be another flashpoint in a trial punctuated by sharp exchanges between lawyers and witnesses and heated arguments over the admissibility of testimony.

In September, before the investigation began, Engron found Trump had fraudulently inflated his net worth and ordered the liquidation of companies that controlled pillars of his real estate portfolio, including Trump Tower in Manhattan. That ruling is on hold while Trump appeals.

See also  Vatican: Pope OK to leave hospital, eat pizza, baptize baby

The trial is mostly about damages. James is seeking at least $250 million in fines, a permanent ban on doing business in New York against Trump and his two adult sons, and a five-year commercial real estate ban against Trump and the Trump Organization.

Report by Jack Quinn; Additional reporting by Andy Sullivan; Editing by Scott Malone and Jonathan Otis

Our Standards: Thomson Reuters Trust Principles.

Get license rightsOpens a new tab

JP Morgan expects to cut the base rate by 100 basis points this year

At the start of the month Wall Street was hopeful—but not convinced—that it would get a much-anticipated interest rate cut in September. Fed Chairman Jerome...

There are great players and potential matches

NFL Guardian Here's what we know about Caps right nowGuardian caps provide added protection over the helmets of players in inherently violent sports. Are...

Nasdaq falls as investors put their time ahead of Nvidia earnings

Shares of Coles ( KSS ) rose as much as 7% in early trading after the company beat Wall Street's revenue expectations by 15...

Dinosaur footprints found on two continents match

The video shows a large dinosaur with identical green bonesThe 150-million-year-old bones discovered in Utah will go on display at the Natural History Museum...

HMD’s Barbie Flip Phone is tough

HMD's Barbie-branded flip phone may be a bit late to catch the hot foldable summer wave, but it's certainly not lacking in appeal. Pre-announced...

Mark Zuckerberg says White House pressured Facebook to censor Covid-19 content | Meta

Meta boss Mark Zuckerberg has said he is bowing to what he says is pressure from the US government to censor Facebook and Instagram...