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

  • 📰 KTVU
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Ivanka Trump has taken the witness stand in the civil fraud trial that is publicly probing former President Donald Trump's family business.

Ex-President Donald Trump’s elder daughter, who has been in his inner circle in both business and politics, rounds out a major stretch in the trial. Her father gaveUnlike them, she is no longer a defendant in New York Attorney General Letitia James' lawsuit. It alleges that Donald Trump's asset values were fraudulently pumped up for years on financial statements that helped him get loans and insurance.

The ex-president and Republican 2024 front-runner denies any wrongdoing, as do the other defendants. He insisted in court Monday that his financial statements greatly underestimated his net worth, that any discrepancies were minor, that a disclaimer absolved him of liability and that "this case is a disgrace.

"I don’t, specifically, know what was prepared on his behalf for him as a person, separate and distinct from the organization and the properties that I was working on," she said during sworn questioning for the investigation that eventually led to the lawsuit. She said she didn't know who prepared the statements or how the documents were compiled.and financing for the Doral golf resort near Miami and a hotel and condo skyscraper in Chicago, according to court filings.

 

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:

 /  🏆 465. in CA

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.

Donald Trump's Business Fraud Case Might Be Affecting His Formerly Close Relationship With IvankaDonald Trump's business fraud civil case in New York has been a headline-generating event as his three adult children, Donald Jr., Eric, and Ivanka Trump take the stand.
Source: SheKnows - 🏆 558. / 51 Read more »