Donald Trump to testify in New York fraud case that threatens his business

  • 📰 Reuters
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Donald Trump returns to a New York courtroom on Monday, where he will take the witness stand in a civil fraud trial that threatens to diminish the real-estate empire that built his reputation before he entered politics.

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. Dave Sanders/Pool via REUTERS/File PhotoNEW YORK, Nov 6 -

New York state lawyers argue that those methods enabled him to win favorable financing terms by pumping up the value of his golf courses, apartment towers and other assets at a time when many lenders refused to do business with him.the frontrunner for the 2024 Republican nomination faces, this civil trial does not threaten to put him in prison as he mounts a comeback White House bid.

But it could undercut Trump's image, cultivated over decades, as a glamorous billionaire who shuttles between elegant resorts and premium golf courses that bear his name.$250 million in fines, as well as restrictions that would prevent Trump and his sons Eric and Donald Jr from doing business in their home state.

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:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada 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 »