Ivanka Trump takes witness stand in civil fraud trial that's scrutinizing the family business

  • 📰 ABC7Chicago
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Ivanka Trump began testifying Wednesday in the civil fraud trial that is publicly probing the Trump family business, making an appearance she tried to prevent.

Ivanka Trump began testifying Wednesday in the the civil fraud trial that is publicly probing the Trump family business, making an appearance she tried to prevent.

She testified that her husband, Jared Kushner, introduced her to a banker as the Trumps were seeking financing to buy and overhaul the Doral golf resort near Miami. The non-jury trial will decide allegations of conspiracy, insurance fraud and falsifying business records - but Judge Arthur Engoron already has resolved the lawsuit's top claim by ruling that Trump engaged in fraud. That decision came with provisions that could strip the ex-president of oversight of such marquee properties as Trump Tower, though an appeals court is allowing him continued control of his holdings, at least for now.

Ivanka Trump was an executive vice president at the Trump Organization before becoming an unpaid senior adviser in her father's White House. Like her brothers, who are still Trump Organization EVPs, she has professed minimal knowledge of their father's annual financial statements. As her father's inauguration neared, she announced in January 2017 that she was stepping away from her Trump Organization job. After her time in the administration, she moved to Florida.

 

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:

 /  🏆 284. in BUSİNESS

Business Business Latest News, Business Business Headlines