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

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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.

Ivanka Trump was an executive vice president at the family's Trump Organization before becoming an unpaid senior adviser in her father's White House.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 gave Unlike them, she is no longer a defendant in New York Attorney General Letitia James' lawsuit.

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.”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.

“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.Washington hotel

and financing for the Doral golf resort near Miami and a hotel and condo skyscraper in Chicago, according to court filings.Her attorneys contended that she shouldn't have to testify. They said the state was just trying to harass the family by dragging her into court. The attorney general's office argued that her testimony would be relevant, saying she was involved in some events discussed in the case and remains financially and professionally entwined with the Trump Organization and its leaders. The company has bought insurance for her and her businesses, managed her household staff and credit card bills, rented out her apartment and paid her legal fees, according to the state's court papers.

 

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