Donald Trump is scheduled to testify Monday as a defendant in the civil fraud trial in which he is accused of fraudulently inflating the value of company assets.
Former president Donald Trump during a break at court as he testifies during a fraud trial in New York City on Oct. 25, 2023. Former president Donald Trump is set to take the stand Monday in the civil trial accusing him and his company of committing rampant fraud. The case involves a $250 million lawsuit filed by New York Attorney General Letitia James , who says Trump and others intentionally inflated the value of his assets to secure better financial terms.
The trial is exploring whether specific illegal acts were committed in doing so and will determine any potential penalties., she said, to get better terms in business loans and insurance policies. Trump’s defense said the value of real estate is subjective and that there was no fraud committed.that Trump and his company committed fraud. The trial is exploring whether specific illegal acts were committed in doing so and will determine any potential penalties.
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