Donald Trump's business empire in peril as civil fraud trial opens in New York

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Donald Trump and his family business are set to stand trial in New York on Monday (Oct 2) in a civil fraud case that could deal a major blow to the former US president’s real estate empire. Trump, the frontrunner for the 2024 Republican presidential nomination, is accused by Democratic New York Attorney General Letitia James of inflating the value...

A supporter of former US President Donald Trump holds up a US national flag at Trump Tower in New York City, US, Oct 1, 2023.Donald Trump and his family business are set to stand trial in New York on Monday in a civil fraud case that could deal a major blow to the former US president’s real estate empire.

The trial comes a week after the judge presiding over the case found Trump liable for fraud and will largely concern the penalties he must face. "A discrepancy of this order of magnitude, by a real estate developer sizing up his own living space of decades, can only be considered fraud," he said. The trial is scheduled to run through early December. More than 150 people including Trump are listed as potential witnesses, but much of the trial will likely be a battle of experts opining on financial documents.

 

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Donald Trump's business empire in peril as civil fraud trial opens in New YorkDonald Trump and his family business are set to stand trial in New York on Monday (Oct 2) in a civil fraud case that could deal a major blow to the former US president’s real estate empire. Trump, the frontrunner for the 2024 Republican presidential nomination, is accused by Democratic New York Attorney
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