Trump, who built his political career on his fame as a billionaire real estate ace and master of “The Art of the Deal,” appeared voluntarily for a trial that has high stakes for him.
James, a Democrat, is seeking $250 million in penalties and a ban on Trump doing business in New York. The judge’s ruling last week, if upheld on appeal, could force Trump to give up New York properties including Trump Tower, a Wall Street office building, golf courses and a suburban estate. Before the trial Monday, James reiterated her position that Trump for years engaged in “persistent and repeated fraud.”
Trump isn’t expected to testify for several weeks. His trip to court Monday will mark a remarkable departure from his past practice. In his post Sunday night, Trump wrote that Engoron is “unfair, unhinged, and vicious in his PURSUIT of me.” Among the allegations were that Trump claimed his Trump Tower apartment in Manhattan — a three-story penthouse replete with gold-plated fixtures — was nearly three times its actual size and worth an astounding $327 million. No apartment in New York City has ever sold for close to that amount, James said.
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