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New York Fraud Trial

All articles tagged with #new york fraud trial

legal2 years ago•3 min saved

Trump's Legal Team Fumbles Gag Order Appeal, Leaving Him Silenced in New York

Former President Donald Trump's request to expedite his appeal of gag orders in the New York fraud trial has been denied by a New York appellate court. Trump's lawyers failed to properly request the appeal and asked a single judge to overrule a four-judge panel. Legal analysts have criticized the lawyers' handling of the case, comparing it to a scene from the movie "Clueless." Trump's team has been focused on the gag orders, wanting someone to blame if he loses the trial. The politics of the situation are seen as a way to appeal to Trump's base and shift blame onto others.

via Yahoo News|

#donald-trump #expedited-appeal #gag-order

politics2 years ago•8 min saved

"Donald Trump Jr. Testifies in New York Fraud Trial: Live Updates and Insights"

Donald Trump Jr testifies in the civil fraud trial against the Trump Organization in New York State's Supreme Court, praising his father's real estate skills and expressing concern about the company being "sued into oblivion." Meanwhile, Maryanne Trump Barry, Donald Trump's sister and a former federal judge, has passed away at the age of 86. In other news, there are concerns about a potential government shutdown as Congress faces a deadline to pass a budget measure, and the infamous Capitol rioter known as the "QAnon Shaman" plans to run for Congress in Arizona in 2024.

via The Independent|

#civil-fraud-case #donald-trump-jr #new-york-fraud-trial

legalcriminal-justice2 years ago•2 min saved

Donald Trump Jr. defends father's brilliance in New York fraud trial

Donald Trump Jr testified in his family's civil fraud trial in New York, praising his father as a "genius" in real estate who could create luxury from nothing. The trial revolves around allegations that the Trump Organization inflated valuations to secure favorable loans. A loss in court could have significant consequences for the Trump real estate empire, potentially leading to a ban on doing business in New York. Despite Trump Jr's charm offensive, the judge has already ruled that his father significantly inflated property values, casting doubt on the effectiveness of his testimony.

via BBC.com|

#donald-trump-jr #legalcriminal-justice #new-york-fraud-trial

politics2 years ago•6 min saved

Insights from Ivanka Trump's Testimony in New York Fraud Trial

Ivanka Trump testified in the New York fraud trial brought by the attorney general's office, where she was questioned about her role in securing loans for the Trump Organization and a penthouse apartment she leased from her father. The attorney general alleges that financial statements were falsified to inflate Trump's net worth and obtain better loan rates. Ivanka Trump discussed the financing of loans for the Doral Golf Resort & Spa through Deutsche Bank and her involvement in lowering the net worth requirement for the loan. She also addressed the valuation discrepancy of the penthouse apartment. The trial has concluded for the attorney general's case, and now the Trump team will mount their defense.

via CNN|

#deutsche-bank #financial-statements #ivanka-trump

legalcriminal-justice2 years ago•6 min saved

Key Takeaways from Trump Family's Fraud Trial Testimony

The fifth week of the New York fraud trial of Donald Trump saw his sons, Donald Trump Jr and Eric Trump, take the witness stand and testify that they had little knowledge about the financial statements at the center of the case. They blamed the company's accountants and lawyers for handling the statements, despite evidence showing their involvement. Both sons denied working on the statements, but documents revealed their signatures on deals that used the statements to confirm their father's net worth. The trial also heard that Trump Organization lenders lost an estimated $168 million due to inflated asset valuations. Tensions rose in the courtroom as Trump's lawyers objected to references to the judge's law clerk, leading to a heated argument and an expanded gag order.

via The Guardian US|

#financial-statements #fraud #legalcriminal-justice

politics2 years ago•6 min saved

"Eric Trump Testifies in New York Fraud Trial as Donald Trump Jr. Concludes Testimony"

Eric Trump took the stand in the ongoing New York fraud trial after his brother, Donald Trump Jr., wrapped up his testimony. The trial revolves around allegations of fraud, falsification of business records, conspiracy, and insurance fraud. The judge had already found the Trumps and their company liable for fraud before the trial began. Eric Trump claimed to have little knowledge of his father's financial statements, which are at the center of the case. Both Trump sons deny engaging in fraud, with Trump Jr. blaming the company's accounting department and an outside firm for any inaccurate information presented to banks and insurers. The trial will continue with testimonies from other Trump family members, including the former president.

via CBS News|

#donald-trump-jr #eric-trump #financial-statements

legalcourt-proceedings2 years ago•2 min saved

Trump family faces fraud trial in New York: Testimonies and appeals

Donald Trump Jr. and Eric Trump, the two oldest sons of former President Donald Trump, testified in the $250 million New York fraud trial against the Trump family and business. The trial, which alleges a scheme to inflate Trump's net worth, poses a significant threat to Trump's ability to do business in New York. The brothers, who took over the Trump Organization after their father's presidency, are the first of four family members expected to testify. The former president is expected to testify on Monday, and Ivanka Trump is set to take the stand on November 8.

via CNBC|

#donald-trump-jr #eric-trump #legalcourt-proceedings

politics2 years ago•1 min saved

Trump's Fury Over Ivanka's Testimony Order in New York Fraud Trial

Former President Donald Trump criticized Judge Arthur Engoron, who is presiding over his civil fraud trial in New York, for requiring his daughter Ivanka Trump to testify in the case. Trump called the judge "unhinged" and accused him of being biased against him. He also claimed that the judge fined him $10,000 over a gag order to divert attention from the fact that the attorney general and the judge's star witness had admitted to lying to Congress. Trump further criticized the judge for being frequently overturned on appeal and disregarding the Court of Appeals.

via Yahoo Finance|

#donald-trump #ivanka-trump #judge-arthur-engoron

politics2 years ago•5 min saved

Trump's Legal Battles: Judges, Gag Orders, and Fines

Former President Donald Trump launched a scathing attack on Judge Arthur Engoron, who is presiding over his $250 million New York fraud trial, after being fined $15,000 for violating a gag order. Trump criticized the judge on social media, calling him biased and unhinged, and accused him of conducting a sham trial. Engoron has already found Trump liable for fraudulently inflating asset values, and the trial is set to continue until late December. Trump's attacks come as he faces mounting legal challenges, with gag orders in place in two separate cases.

via CNBC|

#donald-trump #gag-order #judge-arthur-engoron

legal2 years ago•5 min saved

"Judge's Strong Message to Trump: Gag Orders Must be Respected"

State Supreme Court Justice Arthur Engoron, presiding over Donald Trump's New York fraud trial, issued a written order stating that Trump's testimony during a gag order hearing "rings hollow and untrue" and that it was "unmistakably clear" that he intentionally violated the gag order. While the judge stops short of accusing Trump of perjury, he imposes a $10,000 fine for the violation. This comes after three years of Engoron dealing with Trump's compliance with subpoenas and judicial orders in the case brought by New York Attorney General Letitia James.

via Business Insider|

#donald-trump #gag-order #judge-engoron

legalcriminal-justice2 years ago•3 min saved

"Judge Warns of Prison Time for Trump's Violation of Gag Order"

Former President Donald Trump has been threatened with heavy sanctions or even jail time by Manhattan Supreme Court Judge Arthur Engoron for a "blatant violation" of a partial gag order in his $250 million New York fraud trial. The judge warned that incendiary untruths can lead to serious physical harm and asked Trump's defense lawyer to explain why he should not be punished or imprisoned. Trump's attorney apologized on his behalf, claiming the violation was unintentional. The gag order was imposed earlier this month after Trump posted on social media attacking the judge's law clerk, and although the post was eventually removed, it remained on Trump's campaign website for over two weeks. The case, brought by New York Attorney General Letitia James, accuses Trump and his company of fraudulently inflating asset values.

via CNBC|

#donald-trump #gag-order #incendiary-untruths