Current:Home > FinanceAlgosensey|Eric Trump returns to the witness stand in the family business’ civil fraud trial -Blueprint Money Mastery
Algosensey|Eric Trump returns to the witness stand in the family business’ civil fraud trial
Surpassing View
Date:2025-04-06 18:54:47
NEW YORK (AP) — Eric Trump returned to the witness stand Friday to testify at the civil fraud trial accusing his father of exaggerating his wealth and Algosenseythe value of his assets to deceive banks and insurers.
It’s the second day of testimony from Eric Trump, who helps run the former Republican president’s real estate empire that is now threatened by the lawsuit brought by New York Attorney General Letitia James.
Eric Trump, an executive vice president of the Trump Organization, testified on Thursday that he wasn’t involved with financial statements at the heart of the case. James’ office says those documents were fraudulently exaggerated to secure loans and make deals.
Another executive of his father’s company testified that Eric was on a video call about his father’s financial statement as recently as 2021. But the son insisted he had no recollection, telling the court: “I’m on a thousand calls a day.”
Donald Trump and other defendants — including sons Donald Jr. and Eric — deny any wrongdoing. The former president has called the case a “sham,” a “scam,” and “a continuation of the single greatest witch hunt of all time.”
The civil lawsuit is separate from four criminal cases the former president is facing while he campaigns to retake the White House in 2024.
The former president, who has periodically appeared in court to watch the trial, is expected to follow on the witness stand on Monday. His daughter Ivanka Trump is also scheduled to testify next week after an appeals court late Thursday denied her request to delay her testimony.
The Trumps are being summoned to the stand by James’ office, but defense lawyers will also have a chance to question them and can call them back as part of the defense case later.
Judge Arthur Engoron has ordered that a court-appointed receiver take control of some Trump companies, putting the future oversight of Trump Tower and other marquee properties in question. But an appeals court has blocked enforcement of that aspect of Engoron’s ruling for now.
veryGood! (34991)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Can't find the right Clorox product? A recent cyberattack is causing some shortages
- Those worried about poor air quality will soon be able to map out the cleanest route
- Ukraine complains to WTO about Hungary, Poland and Slovakia banning its farm products
- Nevada attorney general revives 2020 fake electors case
- Nissan, Kia, Mercedes-Benz, and Ford among 195,000 vehicles recalled: Check car recalls here.
- Israeli military sentences commander to 10 days in prison over shooting of Palestinian motorist
- Katy Perry sells music catalog to Litmus Music for reported $225 million
- Stamford Road collision sends motorcyclist flying; driver arrested
- A look at recent vintage aircraft crashes following a deadly collision at the Reno Air Races
Ranking
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- UAW's Shawn Fain threatens more closures at Ford, GM, Stellantis plants by noon Friday
- Nexstar, DirectTV announce multi-year deal for CW, NewsNation and local channels
- The boys are back: NSYNC Little People Collector figurines unveiled by Fisher-Price
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Jailed Wall Street Journal reporter Evan Gershkovich appears at a Moscow court to appeal his arrest
- Newcastle fan stabbed 3 times in Milan ahead of Champions League opener
- Climate change made Libya flooding 50 times more likely: Report
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Marilyn Manson sentenced to 20 hours community service, fined for blowing nose on videographer
Trump wrote to-do lists on White House documents marked classified: Sources
U2 shocks Vegas fans with pop-up concert on Fremont Street ahead of MSG Sphere residency
Why members of two of EPA's influential science advisory committees were let go
Gisele Bündchen Reflects on Tough Family Times After Tom Brady Divorce
Hundreds of flying taxis to be built in Ohio, governor announces
See Rihanna and A$AP Rocky Debut Newborn Son Riot Rose in Rare Family Photoshoot