As the Trumps fight to keep the family business intact, the brothers are set to testify in the New York civil fraud case that threatens the Trump Organization.
FILE - Donald Trump, chairman and CEO of the Trump Organization, poses with his children, from left, Eric, Donald Jr. and Ivanka, at the opening of the Trump SoHo New York on April 9, 2010. When Donald Trump became president in 2017, he handed day-to-day management of his real estate empire to his eldest sons, Donald Jr. and Eric.New York civil fraud caseDonald Trump Jr.
Donald Trump Jr. hasn't been to court, but since testimony began Oct. 2, he's repeatedly denounced the case and Engoron as a "kangaroo court." State law doesn't allow for juries in this type of lawsuit, so Engoron will decide the case. David McArdle, an appraiser at commercial real estate firm Cushman & Wakefield, testified that Eric Trump had substantial input on valuing planned-but-never-built townhomes at a Trump-owned golf course in the New York City suburbs. McArdle said Eric Trump arrived at a "more lofty value" than him for the project but that going with the scion's higher number wouldn't have been credible.
Trump Jr., who's never been an accountant, said he couldn't recall having to use the GAAP standards in his work. He got a laugh out of a state lawyer when he said he'd learned about them "probably in Accounting 101 at Wharton" but didn't remember much other than that they were "generally accepted."
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