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

When Donald Trump takes the stand Monday in a Manhattan courtroom to testify in his civil fraud trial, 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.The charges cut to the very heart of the brand Trump spent decades carefully crafting and put him at risk of losing control of much of his business empire.

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.Trump has argued that disclaimers on his financial statements should have alerted people relying on the documents to do their own homework and verify the numbers themselves – an answer that he's likely to repeat on the witness stand.

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Donald Trump to testify in New York fraud case that threatens his businessDonald 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.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »