Ivanka Trump takes stand in fraud case probing the family business

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Rooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.

Ivanka Trump is the latest member of the Trump family to testify in the civil fraud trial in New York regarding the family business. Ivanka Trump appeared calm as she answered questions about her former role in the Trump Organization.

Unlike her brothers Donald Trump Jr. and Eric Trump, Ivanka Trump is not a defendant in New York Attorney General Letitia James' lawsuit. Ivanka Trump's attorneys have argued that she shouldn't have to testify. They claimed prosecutors were just trying to harass the family by dragging her into court. But prosecutors said she was personally involved in some of the events in the case, and remains a key player in the Trump Organization. While on the stand, the former president described the trial as"crazy.

His two oldest sons, who are executives at the Trump Organization, testified last week that they were not involved in their father's annual statements of financial condition that allegedly show property prices were inflated. The $250 million lawsuit, filed by the New York attorney general, alleges Trump and his two sons knowingly committing fraud by exaggerating the value of some of their assets in order to secure loans and get better insurance rates.Trending stories at Scrippsnews.com

 

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