Ivanka is the latest Trump to testify as part of James' case accusing Trump Sr., his adult sons and others of fraudulently inflating asset values.
Ivanka Trump, the eldest daughter of former President Donald Trump, is set to testify in the $250 million civil fraud trial as part of the case brought by New York Attorney General Letitia James.
Ivanka Trump, assistant to U.S. President Donald Trump, listens during an American Workforce Policy Advisory Board meeting in the East Room of the White House in Washington, D.C., U.S., on Friday, June 26, 2020.She is expected to be asked about various aspects of New York Attorney General Letitia James' case, which accuses Trump Sr., Donald Trump Jr., Eric Trump and other defendants of falsely inflating asset values to get tax benefits and other financial perks.
Manhattan Supreme Court Judge Arthur Engoron, who will deliver verdicts in the no-jury trial, has already found the defendants liable for fraudulently misstating the values of real estate properties and other assets on key financial forms. His pretrial ruling ordered the cancellation of their New York business certificates, though that order is on hold while the trial proceeds.
She is expected to be questioned about loans for the Old Post Office building — the former site of Trump's Washington, D.C., hotel — and the Trump Doral property, both of which she is credited with having negotiated. Trump also repeatedly argued that a disclaimer notice on his annual statements of financial condition provided him with total protection against legal liability if the figures were inaccurate.
Trump Jr. and Eric Trump, who took over the Trump Organization as executive vice presidents after their father became president in 2017, were called to the stand last week. Both testified that they relied largely on the company accountants to prepare the annual financial statements and approve valuations.
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