Index Investing News
Monday, February 23, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Trump Jr. testifies again in $250 million fraud trial

by Index Investing News
November 26, 2023
in Property
Reading Time: 3 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


Donald Trump Jr., former President Donald Trump’s son, enters New York State Supreme Court for his civil fraud trial on November 13, 2023 in New York City. 

Spencer Platt | Getty Images

Donald Trump Jr. took a breezy turn on the witness stand Monday to kick off the defense’s case in the $250 million civil fraud trial taking aim at former president Donald Trump’s New York business empire.

Defense attorneys spent much of their time asking about the Trump Organization’s wide portfolio of properties, and Trump Jr. took the opportunity to boast at length about the company’s hotels, golf courses and high-rise buildings.

Trump Jr.’s testimony offered little to directly counter the claims at the heart of New York Attorney General Letitia James’ case accusing him, his father and other co-defendants of committing years of business fraud.

The defense lawyers began laying out their case four days after failing in their latest bid to have James’ fraud claims thrown out.

James accuses Trump Sr., his adult sons Trump Jr. and Eric Trump, the Trump Organization and its top executives of fraudulently inflating the values of Trump’s assets in order to boost his net worth and reap an array of financial benefits.

The AG seeks around $250 million in damages and wants to permanently bar Trump and his sons, who took over the Trump Organization after their father became president in 2017, from running another New York business.

Manhattan Supreme Court Judge Arthur Engoron has already ruled that the defendants are liable for fraudulently misstating the values of real estate properties and other assets on Trump’s financial records. Engoron’s pretrial ruling also ordered the cancellation of the defendants’ New York business certificates, though an appeals court has temporarily blocked that order from taking effect.

The trial, which is being conducted without a jury, will determine penalties and resolve other claims in James’ lawsuit.

State lawyers rested their case in chief last week, following testimony from Trump and three of his adult children. Ivanka Trump, who in June was dismissed as a defendant by an appeals court, was the last of more than two dozen witnesses questioned by the state.

Read more CNBC politics coverage

In his first round on the stand in early November, Trump Jr. testified that he was not involved in preparing the so-called “statements of financial condition” at the heart of James’ case. He said he relied on accountants employed by the company, primarily Donald Bender, a former Trump family accountant.

Bender had previously testified that the information he used to assemble the financial statements was provided to him by the Trump Organization.

Trump Jr. was expected to face questions on Monday and Tuesday. But he was dismissed on Monday afternoon, and the defense called Trump tax lawyer Sheri Dillon back up to the stand.

Last week, defense lawyers requested to have the case thrown out, arguing that the AG’s office had not established any victim or injury in the case. They pointed to the fact that the loans obtained via the disputed financial statements were paid back on time and with interest.

Engoron has already rejected this argument, saying last month that the case contained enough evidence to “fill the courtroom.”

Trump and his allies have attacked Engoron at length in and out of the courtroom. Trump complained about the judge, saying he “always rules against me” and calling the trial “unfair,” while sitting next to him during his sworn testimony last week.

On Friday, House Republican Conference Chair Rep. Elise Stefanik filed an ethics complaint calling for Engoron’s removal from the case.



Source link

Tags: fraudmillionTestifiesTrialTrump
ShareTweetShareShare
Previous Post

The narratives we choose today may determine decisions of war and peace tomorrow

Next Post

Chris Pratt Voices the Orange Cat in ‘The Garfield Movie’ First Trailer

Related Posts

Just Listed | 7488 SE Waxberry Circle

Just Listed | 7488 SE Waxberry Circle

by Index Investing News
February 16, 2026
0

Beautifully remodeled coastal contemporary home for sale in The Preserve of Hobe Sound PERFECTION IN THE PRESERVE3 Beds | 2...

Black Glove Is Found Near Nancy Guthrie’s Home as FBI Receives Thousands of Tips in Missing 84-Year-Old’s Case

Black Glove Is Found Near Nancy Guthrie’s Home as FBI Receives Thousands of Tips in Missing 84-Year-Old’s Case

by Index Investing News
February 12, 2026
0

Investigators searching for clues in Nancy Guthrie's disappearance found a black glove abandoned on the side of the road around...

Keller Williams Expands to Egypt

Keller Williams Expands to Egypt

by Index Investing News
February 20, 2026
0

Keller Williams Realty, LLC, the world’s largest real estate franchise by agent count, is expanding across Africa. As momentum continues,...

A Father’s Wish Becomes a Daughter’s Fulfillment on the Upper West Side

A Father’s Wish Becomes a Daughter’s Fulfillment on the Upper West Side

by Index Investing News
February 8, 2026
0

For nearly 20 years, Marisa Lalli bounced from one Manhattan rental to the next. She even tried a year in...

AI, Robots, Real Estate: A Futurist’s Take On What’s Coming Next

AI, Robots, Real Estate: A Futurist’s Take On What’s Coming Next

by Index Investing News
February 4, 2026
0

What’s the real difference between a smart tool and an intelligent robot? Is AI coming for your job? Or could...

Next Post
Chris Pratt Voices the Orange Cat in ‘The Garfield Movie’ First Trailer

Chris Pratt Voices the Orange Cat in 'The Garfield Movie' First Trailer

Google pays expenses for Israel employees staying abroad

Google pays expenses for Israel employees staying abroad

RECOMMENDED

Dignified silence doesn’t work against Trump

Dignified silence doesn’t work against Trump

September 11, 2023
Bitcoin Rebounds Amid Decrease Volatility, Altcoins Outperform

Bitcoin Rebounds Amid Decrease Volatility, Altcoins Outperform

April 2, 2022
Mitigate Front running attacks in smart contracts? | by Ranjithkumar | The Dark Side | Jan, 2024

Mitigate Front running attacks in smart contracts? | by Ranjithkumar | The Dark Side | Jan, 2024

January 22, 2024
Saudi Arabia: Iranian embassy to reopen in Saudi Arabia on Tuesday

Saudi Arabia: Iranian embassy to reopen in Saudi Arabia on Tuesday

June 5, 2023
Is L.A. Councilmember Kevin de León a political dead man walking?

Is L.A. Councilmember Kevin de León a political dead man walking?

October 20, 2022
Mission Produce: Still Overvalued Despite Price Decline (NASDAQ:AVO)

Mission Produce: Still Overvalued Despite Price Decline (NASDAQ:AVO)

February 10, 2024
US greenback’s haven standing underneath risk, fund managers warn

US greenback’s haven standing underneath risk, fund managers warn

April 12, 2025
Nigeria battles to halt spiraling currency crisis and rising food insecurity

Nigeria battles to halt spiraling currency crisis and rising food insecurity

March 5, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In