Trump Family Faces Spotlight in $250 Million Civil Fraud Trial

1 min read
Source: NBC News
Trump Family Faces Spotlight in $250 Million Civil Fraud Trial
Photo: NBC News
TL;DR Summary

Donald Trump's sons, Donald Jr. and Eric, are set to testify at the $250 million civil fraud trial against the Trump family and their company in New York. The state Attorney General alleges that the Trump children knowingly participated in a scheme to inflate the company's assets to secure loans and insurance policies on favorable terms. The former president, Donald Trump, will also take the stand, followed by his daughter Ivanka. The attorney general's office will focus on financial statements, property valuations, and the Trump Organization's involvement in the case. The trial seeks damages and to bar Trump and his sons from serving as officers or directors of any New York corporation.

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