Legal Digest -Donald Trump Jr. takes the witness stand in fraud trial
Law News
Today's Legal News Bookmark This Website
Donald Trump Jr. takes the witness stand in fraud trial
Lawyer Blog Updates | 2023/11/02 10:02
Donald Trump Jr. testified Wednesday that he never worked on his father’s financial statements, the documents now at the heart of the civil fraud trial that threatens former President Donald Trump’s real estate empire.

The ex-president’s eldest son is an executive vice president of the family’s Trump Organization and has been a trustee of a trust set up to hold its assets when his father was in the White House.

At least one of the annual financial statements bore language saying the trustees “are responsible” for the document. But Donald Trump Jr. said he didn’t recall ever working on any of the financial statements and had “no specific knowledge” of them.

The lawsuit centers on whether the former president and his business misled banks and insurers by inflating his net worth on the financial statements. He and other defendants, including sons Donald Jr. and Eric, deny wrongdoing.

Trump Jr. said he signed off on statements as a trustee, but had left the work to outside accountants and the company’s then-finance chief, Allen Weisselberg.

“As a trustee, I have an obligation to listen those who are expert — who have an expertise of these things,” he said.

“I wasn’t working on the document, but if they tell me that it’s accurate, based on their accounting assessment of all of the materials,” he said, “these people had an incredible intimate knowledge, and I relied on them.”

The first family member to testify, he is due to return to the stand Thursday. Next up will be his brother and fellow Trump Organization Executive Vice President Eric Trump and, on Monday, their father — the family patriarch, company founder, former president and 2024 Republican front-runner.

Daughter Ivanka, a former Trump Organization executive and White House adviser, is scheduled to take the stand Nov. 8. But her lawyers on Wednesday appealed Judge Arthur Engoron ‘s decision to require her testimony.

New York Attorney General Letitia James brought the lawsuit, alleging that Donald Trump, his company and top executives, including Eric and Donald Jr., conspired to exaggerate his wealth by billions of dollars on his financial statements. The documents were given to banks, insurers and others to secure loans and make deals.

The former president has called the case a “sham,” a “scam,” and “a continuation of the single greatest witch hunt of all time.”


[PREV] [1] ..[130][131][132][133][134][135][136][137][138].. [2625] [NEXT]
All
Legal News Digest
Law Firm News
Legal Career News
Headline Legal News
Lawyer Blog Updates
Legal Business
Law News
Court Press News
Legal Interview
Legal World News
Press Release
Legal Opinions
Law Firm Marketing
Legal & Political
Law School News
US immigration officials look to exp..
Trump asks supreme court to halt rul..
Turkish court orders key Erdogan riv..
Trump administration says South Afri..
Austria’s new government is stoppin..
Mexico says it will impose retaliato..
Trump signs order designating Englis..
Trump administration says it’s cutt..
Defense secretary defends Pentagon f..
Musk gives all federal workers 48 ho..
Steve Bannon pleads guilty and avoid..
Officers plead guilty in DWI police ..
Trump signs order imposing sanctions..
A federal judge temporarily blocks T..
Trump suspends US foreign assistance..
Man accused of stalking Caitlin Clar..
Florida Attorney General Ashley Mood..
Prominent human rights attorney quit..
TikTok’s fate arrives at Supreme Co..
Trump asks the Supreme Court to bloc..


   Lawyer & Law Firm Links
Oregon DUI Law Attorney
Eugene DUI Lawyer. Criminal Defense Law
www.mjmlawoffice.com
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
 
 
© Legal News Digest. All rights reserved.

Disclaimer: The content contained on the web site has been prepared by Legal News Media as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. Blog postings and hosted comments are available for general educational purposes only and should not be used to assess a specific legal situation. | Criminal Defense Attorney Web Design by Law Promo