Sun. Jun 23rd, 2024

Closing arguments set to begin in Trump civil fraud case with the former president in court

By 37ci3 Jan11,2024



Closing arguments will begin Thursday morning in a civil fraud case against Donald Trump and his company that could cost the former president dearly. up to $370 million and ban him from the New York real estate industry he named.

Trump is expected to appear in state Judge Arthur Engoro’s courtroom for arguments, but Engoro said Wednesday that Trump would not be able to. he conveys some of these ideas himself after refusing to agree to refrain from personal attacks during his presentation.

Outside a town hall in Iowa on Tuesday, Trump wrote on his social media platform Truth Social that he “forced” to return to New York for closings, though not obligated to be there. “This is a fraudulent and unfair trial,” he wrote.

New York Attorney General Letitia James, whose office is suing Trump and his company for fraud. exaggerate the value of assets and properties in financial documents spanning ten years is also expected to be in the courtroom.

Lawyers for Trump, his two eldest sons and his companies are expected to speak for about two hours and 15 minutes. In the afternoon, the AG’s lawyers will make a presentation. Engoron gave them the same amount of time, but they said last week they expected it would only take an hour.

James addressed him $250 million suit in 2022 after a yearlong investigation into their business practices against Trump, the Trump Organization and senior executives, including Eric Trump and Donald Trump Jr. Engoron revealed that Trump and his superiors were busy before the trial repeated and persistent fraud. Among the unexpected issues is whether they have fraudulent intent.

Trump denies any wrongdoing and claims his assets are worth more than inflated financial statements. He also repeatedly claimed that he did not have to pay any damages because he did not carry any loan or insurance policies.

The AG’s office said the Trumps were “reaping.” hundreds of millions of dollars in obtaining illegal profits through illegal behavior” and must pay more than 370 million dollars. James also wants a lifetime ban on Trump and two of his top officials from participating in the state’s real estate business, as well as a five-year ban on Trump’s sons.

The trial began on October 2 and the expression is wrapped in mid-December. Engoron said he expects to make his decision by the end of the month.



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By 37ci3

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