Trump Family Testifies in NY Fraud Trial, Blaming Accountants
TL;DR Summary
Eric and Donald Trump Jr. testified in a fraud trial accusing their family business, the Trump Organization, of overvaluing its assets. Donald Trump Jr. blamed outside accountants for any errors in company financial statements, while Eric Trump denied direct involvement with the documents. The trial, brought by the New York attorney general Letitia James, alleges that the Trumps defrauded banks and insurers. If found liable, they could face a $250 million fine and be permanently barred from running a business in New York. The former president, Donald Trump, is expected to testify next week.
Topics:top-news#accountants#financial-statements#fraud-trial#legalcriminal-justice#letitia-james#trump-organization
- Eric and Donald Trump Jr. Testify in Fraud Trial, Casting Blame on Accountants The New York Times
- Nicolle: ‘Trump boys tried as adults’ - the latest on Trump's kids testimony in the NY civil case MSNBC
- Live updates: Trump civil fraud trial continues in New York CNN
- Jimmy Kimmel: Donald Trump Jr. Is 'The Fraudigal Son' The New York Times
- Ivanka Trump appeals judge's order to testify in New York fraud trial The Hill
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
6 min
vs 7 min read
Condensed
93%
1,372 → 94 words
Want the full story? Read the original article
Read on The New York Times