Trump to Testify Again Next Month in Civil Fraud Trial

By NewsBey
3 Min Read

Former President Donald Trump is expected to testify at his civil fraud trial next month.

Here is the detailed news.

Trump to testify again next month in civil fraud trial

Former United States President Donald Trump reportedly plans to testify next month in the ongoing civil fraud trials in New York.

Attorney General Letitia James filed suit against Trump, accusing him of overestimating the value of his company to post billions of dollars in profits so the former president could obtain low-rate loans from banks.

She claimed her company misled lenders and insurers by providing them with false financial statements about her company, the Trump Organization’s net worth.

Last month, Trump took the witness stand and testified in the case, declaring, “I’m worth billions of dollars more than the financial statements.” It is the opposite of fraud. The fraud is her (James Letitia).

Credit- WBRC

His lawyer, Christopher Kise, said the former president will testify again during the trial on December 11, 2023.

According to reports, Trump’s lawyer will begin questioning in the upcoming trial and may ask questions on related topics while cross-examining former presidents and James’ previous statements in the case.

While James’ lawyer, Andrew Amer, ignored the other documents, arguing that the case was only about Trump’s overall financial statements, the head of Trump’s company claimed that the company did not produce false documents. financial state.

The Trump Organization’s hospitality chief operating officer, Hawthorn, said: “The company continues to prepare various audits and other financial reports specific to certain of its components, but there is no summary financial statement of the society. »

Judge Arthur Engoron, who is overseeing Trump’s civil fraud case, has already ruled that Trump was guilty of fraud by inflating the value of his company to deceive lenders.

However, trials continue to resolve other charges against Trump, including conspiracy, insurance fraud and falsifying business records.

This month, Donald Trump Jr distanced himself from the Trump Organization’s financial record, saying he had no control over Trump’s finances.

Attorney General James argues that the former president should be fined $300 million. She also demanded that Trump be banned from conducting business in New York.

Trump faces four other criminal charges, including his hush money case, Trump’s classified documents case, and Trump’s 2020 election conspiracy case. Yet according to several polls, he is the leading candidate for the GOP nomination in 2024.

Subscribe to our newsletter

Share This Article
Exit mobile version