In addition to former US President Donald Trump, three of his children will have to testify starting this Wednesday in the civil trial taking place in New York for financial fraud that threatens his real estate empire.
If all goes according to plan, the family clan parade begins on Wednesday with Donald Trump Jr, 45, and will continue on Thursday with Eric Trump, 39.
Both are executive vice presidents of the Trump Organization, a conglomerate of a multitude of companies that manage residential and office skyscrapers, luxury hotels and golf courses around the world.
Like their father, they are accused by New York State Attorney General Letitia James of inflating the group’s assets by millions of dollars to obtain more advantageous bank loans and better insurance conditions. .
If the judge sticks to the calendar, Donald Trump Sr., 77, will be questioned on Monday, one year less one day before the presidential elections on November 5, 2024, which he hopes to run to return to the presidency of the United States. Joined.
Ivanka Trump, who left the Trump Organization in 2017 to join the White House as an advisor to the 45th president of the United States, will follow two days later, although she is not indicted.
Long associated with the family business, Donald Jr and Eric Trump are also fervent political allies of the former US president, an unwavering loyalty that they display daily in the media and on social networks.
They are not expected to deviate from the line set by the defense since the trial began a month ago.
Also read: Trump promises to ban Muslims from entering the US again
Lawyers maintain that the valuation of the group’s assets, such as Trump Tower and the 40 Wall Street building, were subjective but honest, and that the banks did not lose a single dollar by lending money to the Trump Organization.
For his part, Donald Trump rails against an “unfair” trial, carried out by a “corrupt” prosecutor, Letitia James, and a “rogue” judge, Arthur Engoron, in the pay of the Democrats to prevent him from returning to the White House.
Regularly present at the hearings, the favorite in the polls for the Republican primaries transforms each of his comings and goings through the corridors of the court into a mini press conference and poses as the victim of a judicial machination, as in the other four cases in which who faces criminal charges, particularly for attempting to overturn the 2020 presidential election.
On several occasions, judges have prohibited him from speaking about court staff, or even witnesses, to avoid pressure. In New York, Judge Engoron imposed two fines of $5,000 and $10,000 on him, which he has already paid in full, for attacking the judicial secretary of the court.
His presence at the hearings is also a sign of the importance that Donald Trump gives to the case. Although he does not face a prison sentence, the trial could result in the loss of control of part of his real estate properties, in addition to a fine of $250 million and a ban on managing companies in New York.
Even before the trial began, on October 2, Judge Engoron ruled that the prosecution had presented “conclusive evidence that, between 2014 and 2021, the defendants overstated the assets” by between “812 million (and) 2.2 billion dollars”, depending on the year.
As a consequence of the “repeated fraud”, he ordered the liquidation of the companies, a true judicial and patrimonial bomb, but his decision was suspended on appeal.
The trial continues to focus on other violations of financial law and the amount of the fine.
Read also Ivanka Trump must testify in the civil fraud trial against her father, NY judge rules
Join our channel
EL UNIVERSAL is now on Whatsapp! From your mobile device, find out the most relevant news of the day, opinion articles, entertainment, trends and more.
mcc
2023-11-01 13:08:50
#Trump #children #parade #trial #York #threatens #real #estate #empire
:quality(70):focal(2023x652:2033x662)/cloudfront-us-east-1.images.arcpublishing.com/metroworldnews/J26FPDS5V5GI7LF3HGCSJUDE6A.jpeg "Conade Director Proposes Allocating Pan American Games Support to Otis-Affected Victims in Guerrero")
