Trump's business and political ambitions poised to converge as he testifies in New York civil case

  • 📰 KING5Seattle
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Trump and his two oldest sons are facing a $250 million lawsuit accusing them of inflating the value of their assets by millions of dollars.

Eric Trump, the former president's middle son, who testified in the case last week, said his father was eager for his appearance on the stand.it will be an undeniable spectacle: a former president and the leading Republican presidential candidate defending himself against allegations that he dramatically inflated his net worth.

“It’s going to be a stunning moment. This is dramatic enough if he was simply an ex-president facing these charges. But the fact that he is the overwhelming favorite to run the GOP, it makes this a staggering Monday,” said presidential historian Douglas Brinkley. Trump will also be joined by his former fixer and attorney-turned witness, Michal Cohen, who said in an interview he was planning to attend Monday's proceedings.

Trump is also likely to be asked about how he views and values his brand – and the economic impact of his fame and time as president -- and may be asked to explain claims that his financial statements actually undervalued his wealth.

 

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:

 /  🏆 457. 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.

Trump to testify in $250 million New York fraud trial, with his business empire at stakeNew York AG Letitia James accuses Donald Trump, his two adult sons and others of fraudulently inflating the values of Trump’s assets for financial…
Source: NBCDFW - 🏆 288. / 63 Read more »

Trump to testify in $250 million New York fraud trial, with his business empire at stakeNew York AG Letitia James accuses Donald Trump, his two adult sons and others of fraudulently inflating the values of Trump’s assets for financial…
Source: NBCLA - 🏆 319. / 59 Read more »

Trump to testify in $250 million New York fraud trial, with his business empire at stakeNew York AG Letitia James accuses Donald Trump, his two adult sons and others of fraudulently inflating the values of Trump’s assets for financial…
Source: NBCLA - 🏆 319. / 59 Read more »