Trump denounces fraud case as a 'scam' as he arrives for New York trial over his business practices

  • 📰 KIRO7Seattle
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Donald Trump is denouncing the New York civil fraud case over his business practices as a politically motivated “scam” as he arrives for trial

Former President Donald Trump, right, sits in the courtroom at New York Supreme Court, Monday, Oct. 2, 2023, in New York. Trump is making a rare, voluntary trip to court in New York for the start of a civil trial in a lawsuit that already has resulted in a judge ruling that he committed fraud in his business dealings.

“What we have here is an attempt to hurt me in an election,” he charged, adding: “I don’t think the people of this country are going to stand for it.” In posts overnight on his Truth Social site, he said he was going to court “to fight for my name and reputation,” denounced the case as “A SHAM,” and called on the attorney general and judge to resign.

Trump isn’t expected to testify for several weeks. His trip to court Monday marked a remarkable departure from his past practice. Engoron will decide on six remaining claims in James’ lawsuit, including allegations of conspiracy, falsifying business records and insurance fraud. Trump valued Mar-a-Lago as high as $739 million — more than 10 times a more reasonable estimate of its worth, James claimed. Trump’s figure for the Palm Beach, Florida, private club was based on the idea that the property could be developed for residential use. While Trump lives there, deed terms prohibit further residential development on the property, James said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 271. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 in a civil fraud case that could deal a major blow to the former U.S. president’s real estate empire.
Source: Reuters - 🏆 2. / 97 Read more »

Donald Trump's business fraud trial gets underway in New YorkFormer President Donald Trump and three of his children are accused of exaggerating the value of their real estate.
Source: NPR - 🏆 96. / 63 Read more »

Donald Trump's business fraud trial gets underway in New YorkFormer President Donald Trump and three of his children are accused of exaggerating the value of their real estate.
Source: KPBSnews - 🏆 240. / 63 Read more »