Trump's $250 million fraud trial begins as he dismisses it as a 'scam'

The civil trial against former President Donald Trump and his company, the Trump Organization, has begun in New York. The trial centers around allegations of business fraud, with New York Attorney General Letitia James accusing Trump of inflating the value of his real estate properties to secure better terms from partners. James claims that Trump knowingly misrepresented the values and basic facts of his properties, while Trump's defense argues that the financial statements were an earnest effort to assess the properties' worth. Last week, Judge Arthur Engoron ordered Trump to be stripped of his New York business licenses, potentially leading to the sell-off or transfer of his properties. The trial is expected to last several weeks or months.