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Fraud witness statement3/17/2024 ![]() “If they put something forward, I wasn’t working on the document, but if they tell me that it’s accurate, based on their accounting assessment of all of the materials. “I had an obligation to listen to the people with intimate knowledge of those things,” Trump Jr. said he signed off on statements as a trustee, but left the work to outside accountants and the company’s then-finance chief and co-trustee, Allen Weisselberg. In Donald Trump Jr.’s prior testimony, when asked if he ever worked on his father’s “statement of financial condition,” the scion said: “Not that I recall.” Trump Jr. as a trustee of a trust he established to hold his assets while in office. When he became president in 2017, Donald Trump handed day-to-day management of his company to Eric and Donald Trump Jr. The defense also plans to call several expert witnesses as part of their case in an attempt to refute testimony from state witnesses that Trump’s financial statements afforded him better loan terms, insurance premiums and were a factor in dealmaking. is expected to testify Monday and Tuesday, followed by a tax lawyer who also testified as a state witness. A state lawyer is also expected to question him on cross-examination. will be questioned first by the defense lawyers representing him, his father and other defendants. ![]() WATCH: How Trump sees a 2nd term as a chance to promote loyalists and punish critics “I think it’s a truly scary precedent for New York - for me, for example, before even having a day in court, I’m apparently guilty of fraud for relying on my accountants to do, wait for it: accounting,” Trump Jr. echoed his father’s claims that the case was “purely a political persecution” brought by James, a Democrat, to blunt Trump’s chances as the front-runner for the 2024 Republican presidential nomination. There is no injury.”Īfter testifying in early November, Donald Trump Jr. Trump lawyer Christopher Kise, seeking a verdict clearing Trump and other defendants, argued last Thursday that the state’s case involved only “successful and profitable loan transactions” and that “there is no victim. Engoron did not rule on the request, but indicated the trial would move ahead as scheduled. The trial is proceeding after Engoron rebuffed the defense’s request last week to end it early through what’s known as a directed verdict. ![]() Among them: company insiders, accountants, bank officials and Trump’s fixer-turned-foe Michael Cohen. The state rested its case last Wednesday after six weeks of testimony from more than two dozen witnesses. Their lawyers contend that the state failed to meet “any legal standard” to prove allegations of conspiracy, insurance fraud and falsifying business records. ![]() He imposed a punishment that could strip Trump of marquee properties like Trump Tower, though an appeals court is allowing him to remain in control for now. She is seeking more than $300 million in what she says were ill-gotten gains and a ban on defendants doing business in New York.īefore the trial, Judge Arthur Engoron ruled that the defendants committed fraud by inflating his net worth and the value of assets on his financial statements. The documents were used to secure loans and make deals. ![]() exaggerated his wealth by billions of dollars on financial statements given to banks, insurers and others. James alleges Donald Trump, his company and executives including Eric and Donald Jr. READ MORE: Trump’s civil fraud trial continues after lawyers fail bid for early verdict ending He said he relied on the company’s longtime finance chief and outside accounts to verify their accuracy. He said he never worked on the annual financial statements at the heart of New York Attorney General Letitia James’ lawsuit. Trump’s oldest son, a Trump Organization executive vice president, originally testified on Nov. NEW YORK (AP) - Foiled in their long-shot bid for an early verdict, Donald Trump’s lawyers will start calling witnesses of their own Monday in the New York civil fraud trial that threatens the former president’s real estate empire.įirst up: Donald Trump Jr., who’ll be returning to the witness stand two weeks after state lawyers quizzed him during a major stretch of the trial that also featured testimony from his father and siblings Eric and Ivanka Trump. ![]()
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